Qualys (NASDAQ:QLYS) Insider Bruce Posey Sells 1,077 Shares

Qualys, Inc. (NASDAQ:QLYS) insider Bruce Posey sold 1,077 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $142.46, for a total value of $153,429.42. Following the sale, the insider owned 69,699 shares in the company, valued at approximately $9,929,319.54. This trade represents a 1.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Qualys Stock Down 1.3%

Qualys stock traded down $1.88 during trading on Tuesday, reaching $139.08. The stock had a trading volume of 388,582 shares, compared to its average volume of 353,858. The business has a 50 day moving average price of $139.18 and a 200 day moving average price of $137.13. The stock has a market cap of $4.99 billion, a PE ratio of 26.95 and a beta of 0.55. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $155.47.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The company had revenue of $169.88 million for the quarter, compared to analysts’ expectations of $166.30 million. Qualys had a return on equity of 37.40% and a net margin of 28.96%.Qualys’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm earned $1.56 earnings per share. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. On average, equities analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Hedge Funds Weigh In On Qualys

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC boosted its position in Qualys by 1.8% during the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock worth $665,000 after purchasing an additional 88 shares in the last quarter. Illinois Municipal Retirement Fund raised its stake in shares of Qualys by 0.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker’s stock worth $1,703,000 after buying an additional 90 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after buying an additional 90 shares in the last quarter. Arkadios Wealth Advisors grew its stake in Qualys by 2.4% in the 2nd quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock valued at $572,000 after acquiring an additional 93 shares during the last quarter. Finally, Occidental Asset Management LLC grew its stake in Qualys by 4.3% in the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock valued at $326,000 after acquiring an additional 95 shares during the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Qualys in a research report on Monday. Scotiabank lowered their price target on Qualys from $150.00 to $139.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 5th. Wall Street Zen raised Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. UBS Group lifted their target price on Qualys from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Finally, Berenberg Bank began coverage on Qualys in a report on Tuesday, November 18th. They issued a “hold” rating and a $165.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Qualys presently has a consensus rating of “Hold” and an average target price of $143.57.

Qualys Company Profile

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.