Posted by admin on Jun 18th, 2022

Qualys, Inc. (NASDAQ:QLYS – Get Rating) has been given a consensus recommendation of “Hold” by the eleven research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $131.25.

QLYS has been the subject of several research reports. Wedbush upped their target price on Qualys from $146.00 to $160.00 and gave the stock an “outperform” rating in a research note on Thursday, April 14th. Wolfe Research initiated coverage on Qualys in a research note on Monday, April 11th. They issued an “outperform” rating and a $162.00 target price for the company. Finally, StockNews.com lowered Qualys from a “buy” rating to a “hold” rating in a research note on Tuesday.

In related news, Director Kristi Marie Rogers sold 12,800 shares of the company’s stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $138.00, for a total transaction of $1,766,400.00. Following the completion of the transaction, the director now owns 3,848 shares in the company, valued at $531,024. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Bruce K. Posey sold 9,500 shares of the company’s stock in a transaction that occurred on Monday, March 21st. The shares were sold at an average price of $134.18, for a total value of $1,274,710.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 84,938 shares of company stock valued at $11,270,674. Insiders own 15.60% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Evoke Wealth LLC bought a new position in Qualys in the fourth quarter worth $41,000. Parallel Advisors LLC raised its holdings in Qualys by 46.0% in the fourth quarter. Parallel Advisors LLC now owns 527 shares of the software maker’s stock worth $72,000 after purchasing an additional 166 shares in the last quarter. FourThought Financial LLC raised its holdings in Qualys by 401.8% in the fourth quarter. FourThought Financial LLC now owns 552 shares of the software maker’s stock worth $76,000 after purchasing an additional 442 shares in the last quarter. Standard Family Office LLC bought a new position in Qualys in the fourth quarter worth $79,000. Finally, CVA Family Office LLC bought a new position in Qualys in the first quarter worth $100,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Shares of NASDAQ QLYS opened at $121.91 on Wednesday. Qualys has a 12 month low of $97.01 and a 12 month high of $150.10. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 50.38 and a beta of 0.76. The business has a 50-day moving average of $130.69 and a 200-day moving average of $130.25.

Qualys (NASDAQ:QLYS – Get Rating) last issued its quarterly earnings data on Wednesday, May 4th. The software maker reported $0.64 EPS for the quarter, topping the consensus estimate of $0.53 by $0.11. Qualys had a return on equity of 22.91% and a net margin of 22.47%. The company had revenue of $113.40 million during the quarter, compared to analyst estimates of $112.98 million. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. Qualys’s revenue was up 17.1% on a year-over-year basis. As a group, analysts anticipate that Qualys will post 2 EPS for the current year.

Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.

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