Qualys, Inc. $QLYS Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 4.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,805 shares of the software maker’s stock after selling 592 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Qualys were worth $1,972,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AlphaQuest LLC boosted its stake in Qualys by 465,100.0% during the second quarter. AlphaQuest LLC now owns 4,652 shares of the software maker’s stock worth $665,000 after buying an additional 4,651 shares during the last quarter. Paralel Advisors LLC lifted its stake in shares of Qualys by 41.0% in the 2nd quarter. Paralel Advisors LLC now owns 21,215 shares of the software maker’s stock valued at $3,031,000 after purchasing an additional 6,167 shares during the last quarter. Tributary Capital Management LLC lifted its stake in shares of Qualys by 3.8% in the 2nd quarter. Tributary Capital Management LLC now owns 6,954 shares of the software maker’s stock valued at $994,000 after purchasing an additional 255 shares during the last quarter. Aurora Investment Counsel lifted its stake in shares of Qualys by 1.8% in the 2nd quarter. Aurora Investment Counsel now owns 17,362 shares of the software maker’s stock valued at $2,481,000 after purchasing an additional 313 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Qualys in the 2nd quarter valued at $2,264,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Trading Up 1.0%

QLYS opened at $123.79 on Friday. The stock’s 50-day moving average price is $131.66 and its 200 day moving average price is $133.88. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $170.00. The firm has a market cap of $4.47 billion, a price-to-earnings ratio of 24.71 and a beta of 0.62.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share 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 company had revenue of $164.06 million for the quarter, compared to the consensus estimate of $161.25 million. During the same quarter in the prior year, the business earned $1.52 EPS. Qualys’s 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. On average, research analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on QLYS shares. Wedbush upped their price target on Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Jefferies Financial Group upped their price target on Qualys from $140.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, August 6th. Wall Street Zen lowered Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Scotiabank boosted their target price on Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 6th. Finally, Zacks Research lowered Qualys from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Two research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $140.62.

Insider Activity at Qualys

In other Qualys news, CFO Joo Mi Kim sold 787 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $129.17, for a total transaction of $101,656.79. Following the sale, the chief financial officer owned 92,864 shares in the company, valued at $11,995,242.88. This represents a 0.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John A. Zangardi sold 3,103 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $134.94, for a total value of $418,718.82. Following the sale, the director owned 4,071 shares in the company, valued at approximately $549,340.74. This trade represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,364 shares of company stock worth $5,162,899 over the last quarter. 0.88% of the stock is currently owned by insiders.

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.