Tributary Capital Management LLC Has $994,000 Stock Position in Qualys, Inc. $QLYS

Tributary Capital Management LLC raised its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 3.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,954 shares of the software maker’s stock after purchasing an additional 255 shares during the period. Tributary Capital Management LLC’s holdings in Qualys were worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. lifted its position in 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 period. Manchester Capital Management LLC raised its position in shares of Qualys by 52.4% in the 1st quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock valued at $55,000 after acquiring an additional 150 shares during the period. Parallel Advisors LLC raised its position in shares of Qualys by 82.0% in the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock valued at $69,000 after acquiring an additional 218 shares during the period. Quarry LP raised its position 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 period. Finally, Signaturefd LLC raised its position in shares of Qualys by 96.4% in the 1st 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 period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Performance

QLYS opened at $128.22 on Thursday. The company has a market capitalization of $4.63 billion, a P/E ratio of 25.59 and a beta of 0.62. The stock has a fifty day moving average of $132.25 and a 200-day moving average of $133.58. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $170.00.

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

Wall Street Analyst Weigh In

QLYS has been the topic of a number of analyst reports. Jefferies Financial Group increased their price target 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. Morgan Stanley increased their target price on Qualys from $90.00 to $97.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 6th. UBS Group lowered their target price on Qualys from $150.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday. DA Davidson raised their target price on shares of Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Finally, Scotiabank raised their target price on shares of Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $140.62.

Insider Buying and Selling

In related news, Director Kristi Marie Rogers sold 1,700 shares of the business’s stock in a transaction dated 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 transaction, the director owned 8,596 shares of the company’s stock, valued at $1,157,881.20. The trade was 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 through this link. Also, CFO Joo Mi Kim sold 1,018 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $132.26, for a total value of $134,640.68. Following the transaction, the chief financial officer directly owned 94,468 shares of the company’s stock, valued at approximately $12,494,337.68. The trade was a 1.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 39,364 shares of company stock worth $5,162,899 in the last ninety days. 0.88% of the stock is owned by company insiders.

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.