Vontobel Holding Ltd. cut its stake in Qualys, Inc. (NASDAQ:QLYS – Free Report) by 11.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 95,659 shares of the software maker’s stock after selling 11,883 shares during the quarter. Vontobel Holding Ltd.’s holdings in Qualys were worth $17,907,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in QLYS. BlackRock Inc. purchased a new stake in Qualys during the 2nd quarter worth about $792,316,000. Legal & General Group Plc bought a new position in Qualys in the 2nd quarter worth about $197,624,000. Arrowstreet Capital Limited Partnership grew its holdings in Qualys by 127.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock valued at $73,161,000 after buying an additional 465,952 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Qualys by 6.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 763,099 shares of the software maker’s stock valued at $67,041,000 after buying an additional 45,718 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Qualys by 3.6% during the 1st quarter. Renaissance Technologies LLC now owns 497,600 shares of the software maker’s stock valued at $43,714,000 after buying an additional 17,300 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on QLYS shares. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research report on Saturday. Jefferies Financial Group raised their price objective on shares of Qualys from $150.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada raised their price objective on shares of Qualys from $145.00 to $180.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. TD Cowen boosted their price objective on shares of Qualys from $170.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday. Finally, DA Davidson upped their target price on shares of Qualys from $135.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Qualys presently has a consensus rating of “Hold” and an average price target of $180.53.
View Our Latest Report on QLYS
Qualys Stock Performance
Shares of QLYS stock opened at $181.05 on Friday. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $206.25. The company has a market capitalization of $6.26 billion, a PE ratio of 31.32 and a beta of 0.60. The business’s fifty day moving average is $182.85 and its 200 day moving average is $138.60.
Qualys (NASDAQ:QLYS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%. The company had revenue of $182.18 million during the quarter, compared to analyst estimates of $178.57 million. During the same quarter last year, the company earned $1.68 earnings per share. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. On average, sell-side analysts forecast that Qualys, Inc. will post 5.84 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Bruce Posey sold 882 shares of Qualys stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $158.17, for a total transaction of $139,505.94. Following the completion of the sale, the insider owned 62,689 shares in the company, valued at approximately $9,915,519.13. This trade represents a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of Qualys stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $153.04, for a total value of $248,996.08. Following the sale, the chief financial officer owned 75,743 shares of the company’s stock, valued at approximately $11,591,708.72. This trade represents a 2.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,141 shares of company stock valued at $1,935,891 over the last 90 days. 0.72% of the stock is owned by insiders.
Qualys Profile
Qualys, Inc provides cloud-based information technology, security and compliance solutions for organizations worldwide. Its platform is designed to help businesses identify, assess and manage security vulnerabilities across their networks, endpoints, cloud environments and web applications.
The company’s offerings include vulnerability management, asset inventory, security and compliance assessment, web application security, endpoint detection and response, and cloud security capabilities.
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