Kristi Marie Rogers Sells 1,700 Shares of Qualys (NASDAQ:QLYS) Stock

Key Points

• Kristi Marie Rogers, a director at Qualys, sold 1,700 shares of the company's stock for a total of $228,990, indicating a 16.51% decrease in her ownership.
• Qualys reported $1.68 earnings per share for the latest quarter, surpassing the consensus estimate by $0.21, with a revenue increase of 10.3% year over year.
• Multiple analysts have raised their price targets for Qualys, with estimates now ranging from $135.00 to $155.00, reflecting a generally positive outlook for the stock.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) Director Kristi Marie Rogers sold 1,700 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $134.70, for a total value of $228,990.00. Following the transaction, the director directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Qualys Price Performance

NASDAQ QLYS traded down $2.05 on Monday, hitting $132.49. The company had a trading volume of 203,270 shares, compared to its average volume of 351,517. The company's fifty day moving average price is $137.33 and its 200-day moving average price is $133.37. The company has a market capitalization of $4.78 billion, a PE ratio of 27.68 and a beta of 0.56. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $170.00.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.21. The business had revenue of $164.06 million for 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 company's revenue was up 10.3% compared to the same quarter last year. During the same period last year, the firm 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 anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. DA Davidson increased their price objective on shares of Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Scotiabank increased their price objective on shares of Qualys from $142.00 to $150.00 and gave the company a "sector perform" rating in a report on Wednesday, August 6th. UBS Group increased their price objective on shares of Qualys from $140.00 to $150.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Wedbush upped their target price on shares of Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Finally, Canaccord Genuity Group dropped their target price on shares of Qualys from $163.00 to $158.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $141.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Cim LLC boosted its position in shares of Qualys by 8.4% during the 2nd quarter. Cim LLC now owns 9,283 shares of the software maker's stock valued at $1,326,000 after acquiring an additional 722 shares during the last quarter. State of Wyoming boosted its stake in Qualys by 254.6% during the second quarter. State of Wyoming now owns 2,720 shares of the software maker's stock worth $389,000 after buying an additional 1,953 shares during the period. Kestra Investment Management LLC boosted its stake in Qualys by 63.2% during the second quarter. Kestra Investment Management LLC now owns 3,119 shares of the software maker's stock worth $446,000 after buying an additional 1,208 shares during the period. Caxton Associates LLP purchased a new position in Qualys during the second quarter worth about $788,000. Finally, Tower Research Capital LLC TRC boosted its stake in Qualys by 216.3% during the second quarter. Tower Research Capital LLC TRC now owns 5,876 shares of the software maker's stock worth $840,000 after buying an additional 4,018 shares during the period. Institutional investors and hedge funds own 99.31% of the company's stock.

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.

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