Profund Advisors LLC purchased a new position in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,446 shares of the software maker’s stock, valued at approximately $207,000.
Other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Qualys by 96.8% during the 1st quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker’s stock worth $85,394,000 after buying an additional 338,702 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake 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. Nuveen LLC bought a new position in shares of Qualys during the first quarter valued at $13,291,000. Boston Trust Walden Corp lifted its holdings in shares of Qualys by 8.4% during the second quarter. Boston Trust Walden Corp now owns 1,137,864 shares of the software maker’s stock worth $162,567,000 after purchasing an additional 88,051 shares during the period. Finally, Acadian Asset Management LLC grew its stake in shares of Qualys by 100.6% in the second quarter. Acadian Asset Management LLC now owns 136,835 shares of the software maker’s stock worth $19,535,000 after purchasing an additional 68,632 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.
Insider Activity at Qualys
In other news, CEO Sumedh S. Thakar sold 8,500 shares of the company’s stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $126.82, for a total transaction of $1,077,970.00. Following the transaction, the chief executive officer owned 203,951 shares in the company, valued at approximately $25,865,065.82. This represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John A. Zangardi sold 3,860 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $134.82, for a total transaction of $520,405.20. Following the transaction, the director directly owned 7,174 shares in the company, valued at $967,198.68. This trade represents a 34.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 30,559 shares of company stock worth $4,068,904 over the last ninety days. 0.88% of the stock is owned by corporate insiders.
Qualys Price Performance
Qualys (NASDAQ:QLYS – Get Free Report) last issued its earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.30. The business had revenue of $169.88 million during the quarter, compared to the consensus estimate of $166.30 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.56 earnings per share. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS. Q4 2025 guidance at 1.730-1.800 EPS. On average, sell-side analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages recently issued reports on QLYS. Northland Capmk raised Qualys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Robert W. Baird set a $150.00 price objective on Qualys in a research report on Wednesday, November 5th. Jefferies Financial Group lifted their price objective on Qualys from $140.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, August 6th. Zacks Research raised shares of Qualys from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Finally, UBS Group raised their price target on shares of Qualys from $145.00 to $150.00 and gave the stock a “neutral” 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, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $140.38.
View Our Latest Report on QLYS
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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