Capital Fund Management S.A. reduced its holdings in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) by 17.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,962 shares of the software maker’s stock after selling 8,635 shares during the period. Capital Fund Management S.A. owned about 0.12% of Qualys worth $5,995,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in Qualys by 4.6% during the first quarter. LPL Financial LLC now owns 36,751 shares of the software maker’s stock worth $4,628,000 after purchasing an additional 1,615 shares during the period. Federated Hermes Inc. raised its holdings in shares of Qualys by 43.4% in the 1st quarter. Federated Hermes Inc. now owns 68,837 shares of the software maker’s stock worth $8,669,000 after buying an additional 20,833 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Qualys during the 1st quarter worth approximately $637,000. Jefferies Financial Group Inc. boosted its stake in Qualys by 818.1% in the 1st quarter. Jefferies Financial Group Inc. now owns 17,857 shares of the software maker’s stock valued at $2,249,000 after buying an additional 15,912 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Qualys by 9.0% in the first quarter. PNC Financial Services Group Inc. now owns 5,602 shares of the software maker’s stock valued at $705,000 after acquiring an additional 463 shares during the period. Institutional investors own 99.31% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have issued reports on QLYS. Morgan Stanley lifted their price objective on Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a report on Wednesday, August 6th. Zacks Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. upped their price objective on shares of Qualys from $115.00 to $117.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 5th. Jefferies Financial Group raised their price objective on shares of Qualys from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Finally, Canaccord Genuity Group boosted their target price on Qualys from $158.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $142.14.
Qualys Trading Down 0.4%
Shares of QLYS stock opened at $141.11 on Monday. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $159.73. The firm’s 50 day moving average is $134.52 and its 200-day moving average is $136.09. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 28.17 and a beta of 0.58.
Qualys (NASDAQ:QLYS – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The business had revenue of $169.88 million during the quarter, compared to analyst estimates of $166.30 million. During the same quarter last year, the business posted $1.56 earnings per share. Qualys’s revenue for the quarter was up 10.4% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS. Q4 2025 guidance at 1.730-1.800 EPS. On average, equities research analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.
Insider Activity
In other news, CFO Joo Mi Kim sold 787 shares of the business’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $129.17, for a total transaction of $101,656.79. Following the completion of the sale, the chief financial officer owned 92,864 shares in the company, valued at $11,995,242.88. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $155.04, for a total value of $341,088.00. Following the completion of the transaction, the chief executive officer owned 256,800 shares in the company, valued at approximately $39,814,272. This represents a 0.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 21,896 shares of company stock valued at $2,900,790. Company insiders own 0.88% of the company’s stock.
Qualys Company 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.
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