Brokerages Set Qualys, Inc. (NASDAQ:QLYS) Price Target at $140.62

Qualys, Inc. (NASDAQ:QLYS) has been assigned an average rating of “Hold” from the eighteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $140.6154.

Several brokerages have issued reports on QLYS. Scotiabank raised their price objective on shares of Qualys from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 6th. UBS Group cut their price objective on shares of Qualys from $150.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. DA Davidson raised their price objective on shares of Qualys from $130.00 to $135.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. Morgan Stanley raised their price objective on shares of Qualys from $90.00 to $97.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 6th. Finally, Wall Street Zen downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th.

Qualys Stock Up 0.1%

Shares of QLYS stock opened at $128.05 on Wednesday. The firm has a 50 day moving average price of $132.20 and a two-hundred day moving average price of $133.93. The company has a market capitalization of $4.62 billion, a PE ratio of 25.56 and a beta of 0.62. Qualys has a 12-month low of $112.61 and a 12-month high of $170.00.

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 the consensus estimate of $1.47 by $0.21. The firm had revenue of $164.06 million during the quarter, compared to the consensus estimate of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the business 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. As a group, research analysts expect that Qualys will post 3.85 EPS for the current year.

Insider Buying and Selling

In other news, CEO Sumedh S. Thakar sold 8,500 shares of Qualys stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $126.82, for a total value of $1,077,970.00. Following the completion of the sale, the chief executive officer directly owned 203,951 shares in the company, valued at approximately $25,865,065.82. The trade was a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kristi Marie Rogers sold 1,700 shares of Qualys stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.70, for a total transaction of $228,990.00. Following the completion of the sale, the director owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. The trade was a 16.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 39,364 shares of company stock valued at $5,162,899 in the last quarter. Corporate insiders own 0.88% of the company’s stock.

Institutional Investors Weigh In On Qualys

A number of hedge funds and other institutional investors have recently made changes to their positions in QLYS. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Qualys in the second quarter valued at approximately $44,000. SBI Securities Co. Ltd. increased its stake in Qualys by 82.7% in the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock valued at $46,000 after acquiring an additional 167 shares during the last quarter. Manchester Capital Management LLC increased its stake in Qualys by 52.4% in the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock valued at $55,000 after acquiring an additional 150 shares during the last quarter. Parallel Advisors LLC increased its stake in Qualys by 82.0% in the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock valued at $69,000 after acquiring an additional 218 shares during the last quarter. Finally, Quarry LP increased its stake in Qualys by 154.9% in the first quarter. Quarry LP now owns 576 shares of the software maker’s stock valued at $73,000 after acquiring an additional 350 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Company Profile

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.