GAMMA Investing LLC Lowers Holdings in Qualys, Inc. $QLYS

GAMMA Investing LLC decreased its holdings in Qualys, Inc. (NASDAQ:QLYS) by 10.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 869 shares of the software maker’s stock after selling 104 shares during the quarter. GAMMA Investing LLC’s holdings in Qualys were worth $124,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. AQR Capital Management LLC raised its holdings in shares of Qualys by 96.8% during the first quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker’s stock valued at $85,394,000 after acquiring an additional 338,702 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Qualys by 92.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 643,238 shares of the software maker’s stock valued at $81,003,000 after acquiring an additional 308,635 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Qualys by 53.3% during the first quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker’s stock valued at $62,849,000 after acquiring an additional 173,512 shares during the last quarter. Nuveen LLC acquired a new position in shares of Qualys during the first quarter valued at approximately $13,291,000. Finally, Retirement Systems of Alabama raised its holdings in shares of Qualys by 162.4% during the first quarter. Retirement Systems of Alabama now owns 147,535 shares of the software maker’s stock valued at $18,579,000 after acquiring an additional 91,312 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on QLYS shares. Scotiabank increased their target price on Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a report on Wednesday, August 6th. Wedbush increased their target price on Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Zacks Research raised Qualys to a “strong-buy” rating in a report on Monday, August 11th. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Morgan Stanley upped their price target on Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $141.00.

Qualys Stock Down 3.1%

QLYS opened at $132.33 on Wednesday. Qualys, Inc. has a 52 week low of $112.61 and a 52 week high of $170.00. The business has a fifty day simple moving average of $133.65 and a 200-day simple moving average of $133.52. The firm has a market cap of $4.78 billion, a P/E ratio of 26.41 and a beta of 0.65.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $161.25 million. During the same period last year, the business posted $1.52 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. 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 year.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 12,000 shares of the firm’s stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $149.25, for a total transaction of $1,791,000.00. Following the completion of the transaction, the chief executive officer directly owned 217,962 shares in the company, valued at $32,530,828.50. This trade represents a 5.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Joo Mi Kim sold 1,018 shares of the firm’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $132.26, for a total value of $134,640.68. Following the transaction, the chief financial officer owned 94,468 shares of the company’s stock, valued at approximately $12,494,337.68. This represents a 1.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 51,565 shares of company stock valued at $7,102,374. Corporate insiders own 1.00% of the company’s stock.

About Qualys

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.