Voleon Capital Management LP Makes New Investment in Qualys, Inc. $QLYS

Voleon Capital Management LP purchased a new position in Qualys, Inc. (NASDAQ:QLYS) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,821 shares of the software maker’s stock, valued at approximately $355,000.

A number of other hedge funds have also made changes to their positions in QLYS. State of Michigan Retirement System raised its holdings in Qualys by 1.2% during the first quarter. State of Michigan Retirement System now owns 8,776 shares of the software maker’s stock worth $1,105,000 after purchasing an additional 100 shares in the last quarter. Securian Asset Management Inc. boosted its stake in Qualys by 3.7% during the 1st quarter. Securian Asset Management Inc. now owns 2,809 shares of the software maker’s stock valued at $354,000 after purchasing an additional 100 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Qualys by 1.0% during the 1st quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the software maker’s stock valued at $1,297,000 after purchasing an additional 100 shares during the period. Fifth Third Bancorp increased its position in shares of Qualys by 27.9% during the 1st quarter. Fifth Third Bancorp now owns 500 shares of the software maker’s stock valued at $63,000 after purchasing an additional 109 shares during the period. Finally, State of Alaska Department of Revenue raised its stake in shares of Qualys by 2.8% in the 1st quarter. State of Alaska Department of Revenue now owns 4,287 shares of the software maker’s stock worth $539,000 after buying an additional 115 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Sumedh S. Thakar sold 12,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $149.25, for a total value of $1,791,000.00. Following the completion of the sale, the chief executive officer directly owned 217,962 shares of the company’s stock, valued at $32,530,828.50. This represents a 5.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joo Mi Kim sold 1,018 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $132.26, for a total transaction of $134,640.68. Following the sale, the chief financial officer owned 94,468 shares of the company’s stock, valued at approximately $12,494,337.68. This represents a 1.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 52,222 shares of company stock valued at $7,252,957 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.

Qualys Price Performance

QLYS stock opened at $133.11 on Wednesday. The firm has a market capitalization of $4.81 billion, a P/E ratio of 26.57 and a beta of 0.65. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $170.00. The company’s 50 day simple moving average is $136.09 and its 200-day simple moving average is $132.93.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $161.25 million. During the same quarter last year, the business posted $1.52 EPS. The company’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. Sell-side analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the subject of several research analyst reports. Jefferies Financial Group upped their price objective on Qualys from $140.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, August 6th. Morgan Stanley upped their price target on shares of Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a report on Wednesday, August 6th. DA Davidson lifted their price objective on shares of Qualys from $130.00 to $135.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Wedbush boosted their target price on shares of Qualys from $145.00 to $155.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $141.00.

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.