Bruce Posey Sells 866 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce Posey sold 866 shares of Qualys stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $179.49, for a total transaction of $155,438.34. Following the sale, the insider directly owned 58,688 shares of the company’s stock, valued at $10,533,909.12. This represents a 1.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Up 1.3%

NASDAQ:QLYS traded up $2.29 during midday trading on Tuesday, hitting $183.32. The stock had a trading volume of 724,044 shares, compared to its average volume of 730,736. Qualys, Inc. has a one year low of $74.51 and a one year high of $201.54. The company has a market capitalization of $6.34 billion, a price-to-earnings ratio of 31.72 and a beta of 0.62. The stock has a 50-day moving average of $169.59 and a 200 day moving average of $126.98.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The business had revenue of $182.18 million during the quarter, compared to analyst estimates of $178.57 million. During the same period in the previous year, the company posted $1.68 EPS. Qualys’s revenue was up 11.1% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. On average, sell-side analysts anticipate that Qualys, Inc. will post 5.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the subject of a number of research reports. Wedbush lowered shares of Qualys from an “outperform” rating to a “neutral” rating and set a $175.00 price objective for the company. in a research note on Thursday, September 10th. DA Davidson raised their target price on shares of Qualys from $135.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Northland Securities set a $208.00 price target on shares of Qualys in a report on Wednesday, August 5th. Jefferies Financial Group upped their price target on shares of Qualys from $150.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $173.87.

Institutional Investors Weigh In On Qualys

A number of institutional investors have recently added to or reduced their stakes in the stock. Kilter Group LLC purchased a new position in Qualys in the second quarter valued at about $31,000. Continuum Advisory LLC purchased a new position in shares of Qualys in the 2nd quarter worth approximately $33,000. Root Financial Partners LLC grew its position in shares of Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after buying an additional 200 shares during the last quarter. Employees Retirement System of Texas purchased a new position in shares of Qualys in the 4th quarter worth approximately $43,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Qualys during the 2nd quarter worth approximately $51,000. Institutional investors own 99.31% of the company’s stock.

Qualys Company Profile

Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.

The company’s offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.