Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) by 1.8% during the second quarter, Holdings Channel reports. The fund owned 156,614 shares of the software maker’s stock after buying an additional 2,794 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Qualys were worth $22,375,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in QLYS. SBI Securities Co. Ltd. grew its holdings in shares of Qualys by 82.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock valued at $46,000 after purchasing an additional 167 shares during the last quarter. Manchester Capital Management LLC grew its stake in shares of Qualys by 52.4% during the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock valued at $55,000 after buying an additional 150 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Qualys by 27.9% during the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker’s stock valued at $63,000 after buying an additional 109 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Qualys by 82.0% in the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock worth $69,000 after buying an additional 218 shares during the period. Finally, Quarry LP lifted its stake in shares of Qualys by 154.9% in the 1st quarter. Quarry LP now owns 576 shares of the software maker’s stock valued at $73,000 after acquiring an additional 350 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors.
Insider Transactions at Qualys
In other news, CEO Sumedh S. Thakar sold 12,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $149.25, for a total value of $1,791,000.00. Following the completion of the transaction, the chief executive officer owned 217,962 shares of the company’s stock, valued at approximately $32,530,828.50. This represents a 5.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kristi Marie Rogers sold 1,700 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.70, for a total value of $228,990.00. Following the completion of the transaction, the director owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. The trade was a 16.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 51,565 shares of company stock worth $7,102,374 over the last quarter. Insiders own 1.00% of the company’s stock.
Qualys Stock Up 1.0%
Qualys (NASDAQ:QLYS – Get Free Report) last posted its 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 net margin of 29.04% and a return on equity of 37.19%. The firm had revenue of $164.06 million during the quarter, compared to analysts’ expectations of $161.25 million. During the same period last year, the company posted $1.52 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. On average, analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.
Analysts Set New Price Targets
QLYS has been the topic of several recent research reports. Wedbush raised their price target on Qualys from $145.00 to $155.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Scotiabank raised their target price on shares of Qualys from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 6th. Zacks Research raised shares of Qualys to a “strong-buy” rating in a research note on Monday, August 11th. Morgan Stanley increased their price target on shares of Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a research report on Wednesday, August 6th. Finally, UBS Group boosted their price objective on shares of Qualys from $140.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $141.00.
Read Our Latest Analysis on Qualys
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.
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