Qualys’ (QLYS) Hold (C) Rating Reiterated at Weiss Ratings

Qualys (NASDAQ:QLYS)‘s stock had its “hold (c)” rating restated by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also recently issued reports on the stock. Jefferies Financial Group upped their price objective on shares of Qualys from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Morgan Stanley upped their price target on shares of Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a report on Wednesday, August 6th. DA Davidson upped their price target on shares of Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Wedbush upped their price target on shares of Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Finally, Wall Street Zen cut shares of Qualys from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Two investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Qualys has a consensus rating of “Hold” and a consensus target price of $141.00.

Qualys Trading Up 1.2%

Shares of NASDAQ:QLYS opened at $129.23 on Wednesday. The stock has a market capitalization of $4.66 billion, a PE ratio of 25.79 and a beta of 0.62. Qualys has a 1 year low of $112.61 and a 1 year high of $170.00. The firm has a fifty day moving average price of $132.71 and a 200 day moving average price of $133.50.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.21. The firm had revenue of $164.06 million during the quarter, compared to analysts’ expectations of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. Qualys’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.52 earnings per share. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. On average, sell-side analysts forecast that Qualys will post 3.85 earnings per share for the current fiscal year.

Insider Activity at Qualys

In other news, Director John A. Zangardi sold 3,860 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $134.82, for a total transaction of $520,405.20. Following the completion of the transaction, the director owned 7,174 shares of the company’s stock, valued at approximately $967,198.68. This represents a 34.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kristi Marie Rogers sold 1,700 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $134.70, for a total transaction of $228,990.00. Following the transaction, the director directly owned 8,596 shares of the company’s stock, valued at $1,157,881.20. This represents a 16.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 39,565 shares of company stock worth $5,296,373 over the last ninety days. Corporate insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Tandem Investment Advisors Inc. raised its position in shares of Qualys by 24.4% during the first quarter. Tandem Investment Advisors Inc. now owns 41,370 shares of the software maker’s stock valued at $5,210,000 after buying an additional 8,120 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Qualys by 4.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,143 shares of the software maker’s stock worth $1,036,000 after purchasing an additional 310 shares during the period. Novem Group lifted its stake in Qualys by 35.0% during the first quarter. Novem Group now owns 7,008 shares of the software maker’s stock worth $883,000 after purchasing an additional 1,817 shares during the period. Principal Financial Group Inc. lifted its stake in Qualys by 1.1% during the first quarter. Principal Financial Group Inc. now owns 110,027 shares of the software maker’s stock worth $13,856,000 after purchasing an additional 1,177 shares during the period. Finally, Verity Asset Management Inc. bought a new position in Qualys during the first quarter worth about $360,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.