Bruce Posey Sells 865 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce Posey sold 865 shares of the company’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $109.44, for a total transaction of $94,665.60. Following the completion of the sale, the insider directly owned 64,571 shares in the company, valued at $7,066,650.24. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

Shares of QLYS stock opened at $115.34 on Thursday. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $155.47. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 20.71 and a beta of 0.66. The business has a 50 day simple moving average of $99.04 and a 200 day simple moving average of $109.64.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The firm had revenue of $175.64 million for the quarter, compared to the consensus estimate of $173.63 million. During the same quarter in the previous year, the business earned $1.67 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. On average, equities analysts anticipate that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their target price on Qualys from $113.00 to $87.00 and set an “underweight” rating for the company in a report on Wednesday, May 6th. Weiss Ratings lowered Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Canaccord Genuity Group reduced their price objective on Qualys from $150.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Morgan Stanley set a $96.00 price objective on Qualys in a research report on Wednesday, May 6th. Finally, Truist Financial lowered their target price on Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $122.14.

Institutional Trading of Qualys

Institutional investors and hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC increased its stake in Qualys by 206.2% during the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after acquiring an additional 200 shares during the period. Strive Financial Group LLC bought a new stake in shares of Qualys in the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Qualys by 204.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Qualys by 86.8% during the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares in the last quarter. Finally, Employees Retirement System of Texas bought a new stake in shares of Qualys during the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

About Qualys

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.