Envestnet Portfolio Solutions Inc. Buys 177 Shares of Qualys, Inc. $QLYS

Envestnet Portfolio Solutions Inc. lifted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 7.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,517 shares of the software maker’s stock after buying an additional 177 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Qualys were worth $360,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QLYS. AQR Capital Management LLC grew its position in shares of Qualys by 96.8% in 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 grew its position in shares of Qualys by 92.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 643,238 shares of the software maker’s stock worth $81,003,000 after buying an additional 308,635 shares during the period. Penserra Capital Management LLC grew its position in shares of Qualys by 53.3% in the 1st quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker’s stock worth $62,849,000 after buying an additional 173,512 shares during the period. Nuveen LLC purchased a new stake in shares of Qualys in the 1st quarter worth about $13,291,000. Finally, Alapocas Investment Partners Inc. purchased a new stake in shares of Qualys in the 1st quarter worth about $6,705,000. 99.31% of the stock is owned by hedge funds and other institutional investors.

Qualys Trading Down 2.7%

NASDAQ:QLYS opened at $128.22 on Thursday. The company has a market cap of $4.63 billion, a PE ratio of 25.59 and a beta of 0.62. The company has a 50 day simple moving average of $132.25 and a two-hundred day simple moving average of $133.58. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, topping the consensus estimate of $1.47 by $0.21. The company had revenue of $164.06 million during the quarter, compared to analyst estimates of $161.25 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.Qualys’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. Research analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analyst Ratings Changes

QLYS has been the topic of several recent analyst reports. Jefferies Financial Group increased their price objective on shares of Qualys from $140.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, August 6th. Scotiabank increased 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. Weiss Ratings reissued a “hold (c)” rating on shares of Qualys in a research report on Wednesday, October 8th. Wedbush increased their price objective on shares of Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Finally, Zacks Research downgraded shares of Qualys from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $140.62.

Insider Buying and Selling at Qualys

In related news, 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 transaction, the director owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. This trade represents a 16.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $132.49, for a total transaction of $1,126,165.00. Following the sale, the chief executive officer directly owned 205,951 shares of the company’s stock, valued at approximately $27,286,447.99. This represents a 3.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,364 shares of company stock worth $5,162,899 over the last quarter. Company insiders own 0.88% of the company’s stock.

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.