Qualys (NASDAQ:QLYS) Given New $152.00 Price Target at JPMorgan Chase & Co.

Qualys (NASDAQ:QLYSFree Report) had its price objective increased by JPMorgan Chase & Co. from $146.00 to $152.00 in a research report report published on Thursday, Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the software maker’s stock.

A number of other research analysts have also recently commented on the stock. Truist Financial increased their price target on shares of Qualys from $145.00 to $175.00 and gave the company a hold rating in a research report on Tuesday, January 16th. Royal Bank of Canada lowered their price target on shares of Qualys from $212.00 to $180.00 and set a sector perform rating for the company in a research note on Thursday. Wedbush reduced their price objective on Qualys from $230.00 to $210.00 and set an outperform rating on the stock in a research note on Thursday. Piper Sandler boosted their target price on Qualys from $109.00 to $117.00 and gave the company an underweight rating in a research note on Friday, November 3rd. Finally, StockNews.com raised Qualys from a hold rating to a buy rating in a research note on Tuesday, January 9th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $151.57.

Get Our Latest Stock Analysis on Qualys

Qualys Stock Performance

Qualys stock opened at $169.65 on Thursday. Qualys has a fifty-two week low of $107.00 and a fifty-two week high of $206.35. The firm’s fifty day moving average price is $191.69 and its 200-day moving average price is $168.67. The stock has a market cap of $6.24 billion, a P/E ratio of 41.99 and a beta of 0.54.

Insider Transactions at Qualys

In related news, CFO Joo Mi Kim sold 1,130 shares of Qualys stock in a transaction that occurred on Monday, February 5th. The stock was 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 in the company, valued at $16,395,445.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Bruce K. Posey sold 6,300 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $180.81, for a total value of $1,139,103.00. Following the transaction, the insider now owns 63,255 shares in the company, valued at approximately $11,437,136.55. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 1,130 shares of the firm’s stock in a transaction dated 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 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. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Qualys

Large investors have recently bought and sold shares of the business. Signaturefd LLC grew its stake in shares of Qualys by 24.9% in the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock worth $57,000 after acquiring an additional 58 shares during the period. Intrust Bank NA increased its position in Qualys by 1.4% during the fourth quarter. Intrust Bank NA now owns 4,984 shares of the software maker’s stock valued at $978,000 after acquiring an additional 69 shares during the last quarter. Huntington National Bank grew its position in shares of Qualys by 4.3% during the 2nd quarter. Huntington National Bank now owns 1,740 shares of the software maker’s stock valued at $225,000 after acquiring an additional 71 shares during the period. KLR Investment Advisors LLC increased its holdings in Qualys by 3.3% in the 3rd quarter. KLR Investment Advisors LLC now owns 2,384 shares of the software maker’s stock worth $364,000 after acquiring an additional 77 shares in the last quarter. Finally, Park Place Capital Corp increased its stake in Qualys by 12.3% in the 3rd quarter. Park Place Capital Corp now owns 733 shares of the software maker’s stock worth $112,000 after buying an additional 80 shares in the last quarter. 95.90% of the stock is currently owned by 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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