Qualys (NASDAQ:QLYS) Given New $85.00 Price Target at Truist Financial

Qualys (NASDAQ:QLYS) had its price objective lowered by analysts at Truist Financial from $120.00 to $85.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the software maker’s stock. Truist Financial’s price target would suggest a potential upside of 1.14% from the company’s current price.

QLYS has been the topic of a number of other reports. TD Cowen reissued a “hold” rating on shares of Qualys in a research note on Tuesday, April 14th. Royal Bank Of Canada reduced their price objective on shares of Qualys from $140.00 to $134.00 and set a “sector perform” rating for the company in a research note on Friday, February 6th. DA Davidson dropped their target price on shares of Qualys from $135.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Canaccord Genuity Group set a $150.00 price target on shares of Qualys in a research report on Friday, February 6th. Finally, Scotiabank cut their target price on Qualys from $139.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $137.77.

Qualys Price Performance

NASDAQ QLYS traded up $0.01 during trading hours on Friday, reaching $84.05. 119,604 shares of the company’s stock traded hands, compared to its average volume of 731,263. Qualys has a 52-week low of $74.51 and a 52-week high of $155.47. The firm has a 50-day simple moving average of $91.79 and a 200 day simple moving average of $119.90. The firm has a market cap of $3.00 billion, a PE ratio of 15.39 and a beta of 0.62.

Qualys (NASDAQ:QLYS) last announced its earnings results on Thursday, February 5th. The software maker reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.09. Qualys had a net margin of 29.64% and a return on equity of 37.65%. The business had revenue of $175.28 million during the quarter, compared to the consensus estimate of $173.18 million. During the same quarter last year, the firm earned $1.60 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. Qualys has set its Q1 2026 guidance at 1.760-1.830 EPS and its FY 2026 guidance at 7.170-7.450 EPS. Sell-side analysts forecast that Qualys will post 5.38 EPS for the current fiscal year.

Insider Activity at Qualys

In related news, CFO Joo Mi Kim sold 6,799 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $128.46, for a total value of $873,399.54. Following the completion of the transaction, the chief financial officer directly owned 88,489 shares of the company’s stock, valued at approximately $11,367,296.94. This trade represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 10,378 shares of company stock worth $1,352,964. 0.88% of the stock is currently owned by corporate insiders.

Institutional Trading of Qualys

A number of large investors have recently made changes to their positions in QLYS. Strive Financial Group LLC bought a new position in shares of Qualys in the 4th quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. raised its position in Qualys by 204.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after purchasing an additional 143 shares during the period. GHP Investment Advisors Inc. bought a new stake in shares of Qualys in the 3rd quarter valued at approximately $29,000. Versant Capital Management Inc increased its position in shares of Qualys by 451.0% during the 3rd quarter. Versant Capital Management Inc now owns 270 shares of the software maker’s stock valued at $36,000 after purchasing an additional 221 shares during the last quarter. Finally, Allworth Financial LP increased its position in shares of Qualys by 86.8% during the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock valued at $38,000 after purchasing an additional 132 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors.

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.