IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) by 9.3% in the second quarter, HoldingsChannel reports. The fund owned 38,139 shares of the software maker’s stock after buying an additional 3,235 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Qualys were worth $5,449,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently modified their holdings of the company. SBI Securities Co. Ltd. raised its stake 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 valued at $46,000 after purchasing an additional 167 shares in the last quarter. Manchester Capital Management LLC increased its stake in Qualys by 52.4% during the 1st 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 period. Parallel Advisors LLC raised its position in shares of Qualys by 82.0% during the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock worth $69,000 after buying an additional 218 shares in the last quarter. 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 worth $73,000 after acquiring an additional 350 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of 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 in the last quarter. Institutional investors own 99.31% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on QLYS shares. Zacks Research downgraded Qualys from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualys in a research note on Wednesday, October 8th. Jefferies Financial Group lifted their target price on Qualys from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Wedbush upped their price target on shares of Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Finally, Scotiabank raised their price objective on shares of Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $140.62.
Insider Activity at Qualys
In other news, Director Kristi Marie Rogers sold 1,700 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $134.70, for a total value of $228,990.00. Following the completion of the sale, the director owned 8,596 shares in the company, valued at $1,157,881.20. This represents a 16.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 value 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 approximately $11,995,242.88. This trade represents a 0.84% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 39,364 shares of company stock worth $5,162,899. Insiders own 1.00% of the company’s stock.
Qualys Trading Down 1.5%
QLYS stock opened at $126.07 on Tuesday. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The firm has a 50-day moving average of $132.11 and a two-hundred day moving average of $133.93. The firm has a market capitalization of $4.55 billion, a PE ratio of 25.16 and a beta of 0.62.
Qualys (NASDAQ:QLYS – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.21. The business had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The firm’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.52 earnings per share. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. On average, equities research analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current 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.
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