Qualys (NASDAQ:QLYS) Stock Lifted to Buy by Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Qualys (NASDAQ:QLYS – Free Report) from a hold rating to a buy rating in a report issued on Sunday morning,Wall Street Zen reports.

A number of other analysts have also recently commented on QLYS. TD Cowen increased their price target on shares of Qualys from $170.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, October 13th. Canaccord Genuity Group set a $190.00 price objective on shares of Qualys in a research note on Wednesday, August 5th. Wedbush lowered Qualys from an “outperform” rating to a “neutral” rating and set a $175.00 price objective on the stock. in a research note on Thursday, September 10th. Zacks Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. lifted their price target on Qualys from $139.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $183.62.

Get Our Latest Report on QLYS

Qualys Price Performance

QLYS stock opened at $216.70 on Friday. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 37.49 and a beta of 0.60. Qualys has a twelve month low of $74.51 and a twelve month high of $219.03. The business has a 50 day moving average price of $184.03 and a two-hundred day moving average price of $142.91.

Qualys (NASDAQ:QLYS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping 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 company had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. During the same quarter in the prior year, the business posted $1.68 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. 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, equities research analysts anticipate that Qualys will post 5.84 EPS for the current fiscal year.

Insider Transactions at Qualys

In related news, insider Bruce Posey sold 881 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $189.52, for a total value of $166,967.12. Following the completion of the sale, the insider directly owned 57,807 shares in the company, valued at approximately $10,955,582.64. The trade was a 1.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 3,200 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $170.05, for a total value of $544,160.00. Following the sale, the chief executive officer directly owned 180,338 shares in the company, valued at $30,666,476.90. This represents a 1.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 10,640 shares of company stock valued at $1,884,257. 0.72% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qualys

Hedge funds have recently added to or reduced their stakes in the stock. Kilter Group LLC bought a new stake in shares of Qualys during the 2nd quarter valued at $31,000. Continuum Advisory LLC acquired a new stake in shares of Qualys during the 2nd quarter worth $33,000. Root Financial Partners LLC increased its position in shares of Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after purchasing an additional 200 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Qualys in the second quarter valued at about $51,000. Finally, Allworth Financial LP acquired a new position in Qualys in the second quarter valued at about $64,000. Institutional investors own 99.31% of the company’s stock.

Qualys Company Profile

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

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

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