JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Director John A. Zangardi of Qualys, Inc. NASDAQ:QLYS, a cybersecurity company with a market capitalization of $4.65 billion and impressive gross profit margins of 82%, sold 1,287 shares of common stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $132.0266, for a total transaction value of $169,918.
Following the transaction, Zangardi directly owns 11,034 shares of Qualys, Inc. common stock. The filing also indicates that Zangardi indirectly owns 5 shares through his son. The sale was executed on August 13, 2025.
In other recent news, Qualys reported strong financial results for the second quarter of 2025, exceeding Wall Street expectations. The company posted an earnings per share of $1.68, surpassing the forecast of $1.47, and revenue reached $164.1 million, above the anticipated $161.24 million. Following these results, several firms adjusted their price targets for Qualys. Scotiabank raised its price target to $150 from $142, maintaining a Sector Perform rating, while DA Davidson increased its target to $135 from $130, keeping a Neutral rating. Jefferies also raised its price target to $150 from $140, describing the results as "better than feared." Qualys reported an 8% year-over-year growth in current calculated billings, an improvement from the previous quarter’s 7%. These developments highlight the company’s strong performance in the recent quarter.
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