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

Qualys, Inc. (NASDAQ:QLYS) insider Bruce Posey sold 1,077 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $142.46, for a total transaction of $153,429.42. Following the completion of the transaction, the insider directly owned 69,699 shares of the company’s stock, valued at approximately $9,929,319.54. This trade represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $139.08 on Wednesday. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 26.95 and a beta of 0.55. The business’s 50 day simple moving average is $139.41 and its 200-day simple moving average is $137.11. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $155.47.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.30. The firm had revenue of $169.88 million during the quarter, compared to the consensus estimate 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 business posted $1.56 EPS. 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 anticipate that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of Qualys from $115.00 to $117.00 and gave the company an “underweight” rating in a report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Qualys in a research note on Monday. Canaccord Genuity Group lifted their price objective on Qualys from $158.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Morgan Stanley reiterated an “underweight” rating and set a $117.00 target price on shares of Qualys in a report on Thursday, December 18th. Finally, Berenberg Bank assumed coverage on Qualys in a research report on Tuesday, November 18th. They set a “hold” rating and a $165.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $143.57.

Hedge Funds Weigh In On Qualys

Several institutional investors and hedge funds have recently modified their holdings of QLYS. Bank of New York Mellon Corp lifted its position in Qualys by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 382,100 shares of the software maker’s stock worth $54,591,000 after buying an additional 10,359 shares during the period. Acadian Asset Management LLC grew its holdings in Qualys by 100.6% in the 2nd quarter. Acadian Asset Management LLC now owns 136,835 shares of the software maker’s stock valued at $19,535,000 after buying an additional 68,632 shares during the period. Penserra Capital Management LLC grew its holdings in Qualys by 9.3% in the 2nd quarter. Penserra Capital Management LLC now owns 545,380 shares of the software maker’s stock valued at $77,918,000 after buying an additional 46,296 shares during the period. Willis Investment Counsel increased its stake in shares of Qualys by 68.8% during the 2nd quarter. Willis Investment Counsel now owns 23,611 shares of the software maker’s stock valued at $3,373,000 after acquiring an additional 9,626 shares during the last quarter. Finally, denkapparat Operations GmbH acquired a new position in shares of Qualys during the 2nd quarter valued at about $300,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

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.