Qualys, Inc. $QLYS Shares Bought by AlphaQuest LLC

AlphaQuest LLC grew its holdings in Qualys, Inc. (NASDAQ:QLYS) by 465,100.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,652 shares of the software maker’s stock after buying an additional 4,651 shares during the period. AlphaQuest LLC’s holdings in Qualys were worth $665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of QLYS. AQR Capital Management LLC raised its position in shares of Qualys by 96.8% in the first quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker’s stock valued at $85,394,000 after buying an additional 338,702 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Qualys by 92.2% during the first 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 purchasing an additional 308,635 shares during the last quarter. Penserra Capital Management LLC increased its position in Qualys by 53.3% during the first quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker’s stock worth $62,849,000 after purchasing an additional 173,512 shares during the last quarter. Nuveen LLC acquired a new stake in Qualys during the first quarter worth about $13,291,000. Finally, Boston Trust Walden Corp increased its position in Qualys by 8.4% during the second quarter. Boston Trust Walden Corp now owns 1,137,864 shares of the software maker’s stock worth $162,567,000 after purchasing an additional 88,051 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on QLYS shares. Scotiabank raised their price objective on shares of Qualys from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 6th. Wall Street Zen cut shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 30th. UBS Group dropped their price target on shares of Qualys from $150.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Wedbush lifted their price target 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, Morgan Stanley lifted their price target on shares of Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $140.62.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 540 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $127.12, for a total transaction of $68,644.80. Following the sale, the insider owned 56,775 shares of the company’s stock, valued at approximately $7,217,238. This trade represents a 0.94% 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, CEO Sumedh S. Thakar sold 8,500 shares of Qualys stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $126.82, for a total transaction of $1,077,970.00. Following the completion of the transaction, the chief executive officer directly owned 203,951 shares in the company, valued at $25,865,065.82. The trade was a 4.00% 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 valued at $5,162,899 in the last quarter. Company insiders own 1.00% of the company’s stock.

Qualys Stock Down 1.5%

Shares of Qualys stock opened at $126.07 on Tuesday. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $170.00. The company has a 50 day moving average of $132.11 and a 200 day moving average of $133.93. The company has a market capitalization of $4.55 billion, a P/E ratio of 25.16 and a beta of 0.62.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share (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 company had revenue of $164.06 million during the quarter, compared to the consensus estimate of $161.25 million. During the same quarter in the previous year, the firm earned $1.52 earnings per share. The firm’s quarterly 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. As a group, research analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

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.