Tributary Capital Management LLC Purchases 255 Shares of Qualys, Inc. $QLYS

Tributary Capital Management LLC lifted its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 3.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,954 shares of the software maker’s stock after buying an additional 255 shares during the quarter. Tributary Capital Management LLC’s holdings in Qualys were worth $994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its holdings in shares of Qualys by 82.7% during the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock worth $46,000 after purchasing an additional 167 shares during the last quarter. Manchester Capital Management LLC grew its holdings 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 worth $55,000 after purchasing an additional 150 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Qualys by 82.0% during the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock worth $69,000 after purchasing an additional 218 shares during the last quarter. Quarry LP grew its holdings in shares of Qualys by 154.9% during the first quarter. Quarry LP now owns 576 shares of the software maker’s stock worth $73,000 after purchasing an additional 350 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in Qualys by 96.4% in the first quarter. Signaturefd LLC now owns 601 shares of the software maker’s stock valued at $76,000 after acquiring an additional 295 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Joo Mi Kim sold 787 shares of the firm’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 directly owned 92,864 shares of the company’s stock, valued at $11,995,242.88. This trade represents a 0.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kristi Marie Rogers sold 1,700 shares of the firm’s stock in a transaction 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 sale, the director directly owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. This represents a 16.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 39,364 shares of company stock worth $5,162,899 in the last three months. 0.88% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on QLYS. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Scotiabank boosted their price target on Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 6th. UBS Group dropped their price target on Qualys from $150.00 to $145.00 and set a “neutral” rating on the stock in a research note on Tuesday. Morgan Stanley boosted their price target on Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a research note on Wednesday, August 6th. Finally, Jefferies Financial Group boosted 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. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $140.62.

Qualys Stock Down 2.7%

Shares of NASDAQ:QLYS opened at $128.22 on Thursday. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $170.00. The stock’s 50 day moving average is $132.25 and its 200-day moving average is $133.58. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 25.59 and a beta of 0.62.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $161.25 million. During the same period in the prior year, the firm earned $1.52 earnings per share. Qualys’s revenue for the quarter 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. Equities research analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Qualys 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.