Qualys’ (QLYS) Equal Weight Rating Reaffirmed at Stephens

Stephens reaffirmed their equal weight rating on shares of Qualys (NASDAQ:QLYSFree Report) in a research report sent to investors on Thursday morning, Benzinga reports. The brokerage currently has a $190.00 target price on the software maker’s stock.

QLYS has been the topic of a number of other reports. StockNews.com raised shares of Qualys from a hold rating to a buy rating in a research report on Tuesday, January 9th. Piper Sandler upped their price target on shares of Qualys from $109.00 to $117.00 and gave the stock an underweight rating in a research note on Friday, November 3rd. Truist Financial upped their price target on shares of Qualys from $145.00 to $175.00 and gave the stock a hold rating in a research note on Tuesday, January 16th. Wedbush dropped their price target on shares of Qualys from $230.00 to $210.00 and set an outperform rating on the stock in a research note on Thursday. Finally, Morgan Stanley upped their target price on shares of Qualys from $104.00 to $137.00 and gave the company an underweight rating in a research note on Tuesday, November 7th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Qualys has a consensus rating of Hold and a consensus target price of $151.57.

View Our Latest Research Report on Qualys

Qualys Price Performance

NASDAQ:QLYS opened at $171.85 on Thursday. The firm’s 50-day moving average price is $191.37 and its 200-day moving average price is $169.40. The company has a market capitalization of $6.32 billion, a PE ratio of 42.54 and a beta of 0.54. Qualys has a 1-year low of $107.00 and a 1-year high of $206.35.

Insider Buying and Selling

In related news, CFO Joo Mi Kim sold 1,130 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $169.49, for a total value of $191,523.70. Following the completion of the sale, the chief financial officer now directly owns 96,734 shares of the company’s stock, valued at approximately $16,395,445.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Qualys news, insider Bruce K. Posey sold 6,300 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $180.81, for a total transaction of $1,139,103.00. Following the completion of the sale, the insider now directly owns 63,255 shares of the company’s stock, valued at approximately $11,437,136.55. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Joo Mi Kim sold 1,130 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $169.49, for a total transaction of $191,523.70. Following the sale, the chief financial officer now directly owns 96,734 shares of the company’s stock, valued at $16,395,445.66. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,193 shares of company stock valued at $4,103,753. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Qualys

Institutional investors have recently added to or reduced their stakes in the stock. McGlone Suttner Wealth Management Inc. purchased a new stake in Qualys during the 4th quarter valued at approximately $30,000. Dark Forest Capital Management LP grew its holdings in Qualys by 58.2% during the 1st quarter. Dark Forest Capital Management LP now owns 242 shares of the software maker’s stock valued at $31,000 after buying an additional 89 shares in the last quarter. Blue Trust Inc. grew its holdings in Qualys by 218.2% during the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock valued at $41,000 after buying an additional 144 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock valued at $43,000 after acquiring an additional 99 shares during the last quarter. Finally, Fortis Capital Advisors LLC grew its holdings in shares of Qualys by 3,000.0% in the first quarter. Fortis Capital Advisors LLC now owns 341 shares of the software maker’s stock valued at $44,000 after purchasing an additional 330 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Qualys Company Profile

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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; Custom Assessment and Remediation; Context Extended Detection and Response; Network Detection and Response; 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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