Alps Advisors Inc. Sells 5,389 Shares of Qualys, Inc. $QLYS

Alps Advisors Inc. reduced its position in shares of Qualys, Inc. (NASDAQ:QLYSFree Report) by 61.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,416 shares of the software maker’s stock after selling 5,389 shares during the period. Alps Advisors Inc.’s holdings in Qualys were worth $452,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Boston Trust Walden Corp grew its position in Qualys by 0.7% during the third quarter. Boston Trust Walden Corp now owns 1,146,289 shares of the software maker’s stock worth $151,688,000 after buying an additional 8,425 shares in the last quarter. First Trust Advisors LP increased its position in shares of Qualys by 4.1% during the 2nd quarter. First Trust Advisors LP now owns 1,115,717 shares of the software maker’s stock valued at $159,402,000 after purchasing an additional 44,000 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Qualys by 6.7% during the 2nd quarter. Legal & General Group Plc now owns 1,051,673 shares of the software maker’s stock valued at $150,253,000 after buying an additional 65,924 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Qualys by 46.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock valued at $144,133,000 after buying an additional 323,324 shares in the last quarter. Finally, Penserra Capital Management LLC lifted its position in Qualys by 9.3% in the 2nd quarter. Penserra Capital Management LLC now owns 545,380 shares of the software maker’s stock worth $77,918,000 after buying an additional 46,296 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Activity at Qualys

In other news, CFO Joo Mi Kim sold 7,506 shares of Qualys stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $146.59, for a total value of $1,100,304.54. Following the completion of the sale, the chief financial officer directly owned 108,074 shares in the company, valued at $15,842,567.66. The trade was a 6.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $147.12, for a total transaction of $1,250,520.00. Following the transaction, the chief executive officer directly owned 252,800 shares of the company’s stock, valued at $37,191,936. The trade was a 3.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 42,227 shares of company stock valued at $5,875,962. 0.88% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Qualys from $117.00 to $113.00 and set an “underweight” rating on the stock in a research report on Friday, February 6th. Scotiabank cut their price objective on Qualys from $139.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, February 6th. Robert W. Baird set a $150.00 target price on Qualys in a research note on Wednesday, November 5th. Canaccord Genuity Group set a $150.00 target price on Qualys in a report on Friday, February 6th. Finally, Zacks Research lowered Qualys from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $140.46.

Read Our Latest Stock Analysis on QLYS

Qualys Stock Up 0.1%

Shares of QLYS opened at $104.91 on Friday. The stock has a market cap of $3.76 billion, a P/E ratio of 19.28 and a beta of 0.53. The business’s 50 day moving average price is $133.25 and its 200-day moving average price is $134.05. Qualys, Inc. has a 52 week low of $104.22 and a 52 week high of $155.47.

Qualys (NASDAQ:QLYSGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The software maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.09. The business had revenue of $175.28 million during the quarter, compared to analysts’ expectations of $173.18 million. Qualys had a return on equity of 37.65% and a net margin of 29.64%.The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.60 earnings per share. Qualys has set its Q1 2026 guidance at 1.760-1.830 EPS and its FY 2026 guidance at 7.170-7.450 EPS. On average, equities analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Qualys Profile

(Free Report)

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.

See Also

Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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