Penserra Capital Management LLC boosted its position in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 545,380 shares of the software maker’s stock after acquiring an additional 46,296 shares during the quarter. Qualys accounts for 1.1% of Penserra Capital Management LLC’s portfolio, making the stock its 19th biggest holding. Penserra Capital Management LLC owned 1.50% of Qualys worth $77,918,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Boston Trust Walden Corp lifted its stake in shares of Qualys by 8.4% in the 2nd 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 period. AQR Capital Management LLC increased its holdings in Qualys by 96.8% during 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 raised its position in Qualys by 92.2% in 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 acquiring an additional 308,635 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Qualys by 6.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 449,650 shares of the software maker’s stock worth $56,628,000 after acquiring an additional 26,074 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Qualys by 2.8% during the 1st quarter. Invesco Ltd. now owns 415,582 shares of the software maker’s stock valued at $52,334,000 after acquiring an additional 11,481 shares during the period. 99.31% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently commented on QLYS. DA Davidson raised their target price on Qualys from $130.00 to $135.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Zacks Research cut Qualys from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Robert W. Baird set a $150.00 price objective on Qualys in a research note on Wednesday. Wedbush increased 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, JPMorgan Chase & Co. lifted their price target on shares of Qualys from $115.00 to $117.00 and gave the company an “underweight” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Qualys presently has an average rating of “Hold” and a consensus price target of $140.38.
Insiders Place Their Bets
In other news, Director Kristi Marie Rogers sold 1,700 shares of Qualys 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 sale, the director directly owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. The trade was a 16.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bruce K. Posey sold 540 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $127.12, for a total value of $68,644.80. Following the completion of the sale, the insider owned 56,775 shares in the company, valued at $7,217,238. This represents a 0.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 38,346 shares of company stock worth $5,028,258. 0.88% of the stock is owned by corporate insiders.
Qualys Price Performance
QLYS stock opened at $149.73 on Friday. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $159.73. The business has a 50 day simple moving average of $131.82 and a two-hundred day simple moving average of $134.47. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 29.89 and a beta of 0.58.
Qualys (NASDAQ:QLYS – Get Free Report) last released its earnings results on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, topping the consensus estimate of $1.56 by $0.30. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The firm had revenue of $169.88 million for the quarter, compared to the consensus estimate of $166.30 million. During the same quarter in the previous year, the firm earned $1.56 earnings per share. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS. Q4 2025 guidance at 1.730-1.800 EPS. Sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.
Qualys 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.
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