UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Raises Stock Holdings in Qualys, Inc. $QLYS

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 92.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 643,238 shares of the software maker’s stock after acquiring an additional 308,635 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.77% of Qualys worth $81,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of QLYS. SBI Securities Co. Ltd. raised its holdings in shares of Qualys by 82.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock worth $46,000 after acquiring an additional 167 shares in the last quarter. Manchester Capital Management LLC raised its holdings in shares of Qualys by 52.4% during the 1st quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock worth $55,000 after acquiring an additional 150 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Qualys by 27.9% during the 1st quarter. Fifth Third Bancorp now owns 500 shares of the software maker’s stock worth $63,000 after acquiring an additional 109 shares in the last quarter. Quarry LP raised its holdings in shares of Qualys by 154.9% during the 1st quarter. Quarry LP now owns 576 shares of the software maker’s stock worth $73,000 after acquiring an additional 350 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Qualys by 96.4% during the 1st quarter. Signaturefd LLC now owns 601 shares of the software maker’s stock worth $76,000 after acquiring an additional 295 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Qualys news, CEO Sumedh S. Thakar sold 8,500 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $129.95, for a total value of $1,104,575.00. Following the sale, the chief executive officer owned 207,920 shares in the company, valued at $27,019,204. This trade represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John A. Zangardi sold 3,103 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $134.94, for a total value of $418,718.82. Following the completion of the sale, the director owned 4,071 shares in the company, valued at approximately $549,340.74. The trade was a 43.25% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 52,222 shares of company stock valued at $7,252,957. Insiders own 0.88% of the company’s stock.

Qualys Stock Performance

NASDAQ:QLYS opened at $133.46 on Friday. The stock’s fifty day moving average is $135.18 and its 200 day moving average is $132.93. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $170.00. The firm has a market capitalization of $4.82 billion, a PE ratio of 26.64 and a beta of 0.65.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.21. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The business had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. During the same quarter last year, the firm posted $1.52 earnings per share. The business’s revenue was up 10.3% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. Equities analysts forecast that Qualys, Inc. will post 3.85 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on QLYS shares. DA Davidson upped their price objective on Qualys from $130.00 to $135.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Jefferies Financial Group upped their price objective on Qualys from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Wedbush increased their price target on Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Wall Street Zen lowered Qualys from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Morgan Stanley increased their price target on Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $141.00.

Qualys 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.