Parallel Advisors LLC Acquires 218 Shares of Qualys, Inc. $QLYS

Parallel Advisors LLC increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 82.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 484 shares of the software maker’s stock after purchasing an additional 218 shares during the period. Parallel Advisors LLC’s holdings in Qualys were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of QLYS. Wesbanco Bank Inc. lifted its position in shares of Qualys by 52.6% in the second quarter. Wesbanco Bank Inc. now owns 10,156 shares of the software maker’s stock worth $1,451,000 after purchasing an additional 3,500 shares in the last quarter. Voya Investment Management LLC lifted its position in Qualys by 3.2% during the 1st quarter. Voya Investment Management LLC now owns 293,050 shares of the software maker’s stock worth $36,904,000 after buying an additional 9,212 shares in the last quarter. Cim LLC lifted its position in Qualys by 1.2% during the 1st quarter. Cim LLC now owns 8,561 shares of the software maker’s stock worth $1,078,000 after buying an additional 98 shares in the last quarter. Strs Ohio bought a new stake in Qualys during the 1st quarter worth about $416,000. Finally, Intech Investment Management LLC raised its holdings in Qualys by 35.6% during the first quarter. Intech Investment Management LLC now owns 23,988 shares of the software maker’s stock worth $3,021,000 after acquiring an additional 6,292 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Qualys stock opened at $135.36 on Friday. The stock’s fifty day moving average price is $133.93 and its two-hundred day moving average price is $133.22. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The firm has a market cap of $4.89 billion, a PE ratio of 27.02 and a beta of 0.65.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, beating the consensus estimate of $1.47 by $0.21. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The firm had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. During the same period last year, the firm earned $1.52 EPS. The business’s quarterly 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. Sell-side analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Insider Activity at Qualys

In other Qualys news, Director John A. Zangardi sold 3,103 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $134.94, for a total transaction of $418,718.82. Following the sale, the director owned 4,071 shares of the company’s stock, valued at approximately $549,340.74. The trade was a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $132.49, for a total value of $1,126,165.00. Following the sale, the chief executive officer owned 205,951 shares in the company, valued at $27,286,447.99. This represents a 3.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 51,565 shares of company stock worth $7,102,374 in the last ninety days. Insiders own 0.88% of the company’s stock.

Analyst Ratings Changes

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