Montag A & Associates Inc. Sells 362 Shares of Qualys, Inc. $QLYS

Montag A & Associates Inc. reduced its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 25.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,086 shares of the software maker’s stock after selling 362 shares during the period. Montag A & Associates Inc.’s holdings in Qualys were worth $155,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Arkadios Wealth Advisors lifted its stake in Qualys by 2.4% in the second quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock valued at $572,000 after purchasing an additional 93 shares during the last quarter. Occidental Asset Management LLC raised its stake in shares of Qualys by 4.3% in the second quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock valued at $326,000 after buying an additional 95 shares during the period. Cim LLC lifted its position in shares of Qualys by 1.2% during the 1st quarter. Cim LLC now owns 8,561 shares of the software maker’s stock valued at $1,078,000 after buying an additional 98 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in shares of Qualys by 1.0% during the 1st quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the software maker’s stock valued at $1,297,000 after buying an additional 100 shares during the last quarter. Finally, Securian Asset Management Inc. grew its stake in shares of Qualys by 3.7% during the 1st quarter. Securian Asset Management Inc. now owns 2,809 shares of the software maker’s stock worth $354,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

QLYS has been the topic of a number of research reports. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. JPMorgan Chase & Co. lifted their target price on shares of Qualys from $115.00 to $117.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 5th. Morgan Stanley boosted 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. Northland Securities set a $162.00 price objective on shares of Qualys in a report on Wednesday, November 5th. Finally, UBS Group lifted their price objective on shares of Qualys from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Qualys presently has an average rating of “Hold” and an average target price of $140.38.

Qualys Trading Down 2.4%

Shares of Qualys stock opened at $150.05 on Thursday. The company’s 50-day moving average price is $132.83 and its 200-day moving average price is $135.15. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $159.73. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 29.95 and a beta of 0.58.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, beating 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 company had revenue of $169.88 million during the quarter, compared to analysts’ expectations of $166.30 million. During the same quarter in the previous year, the company earned $1.56 earnings per share. Qualys’s revenue for the quarter was up 10.4% on a year-over-year basis. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS. Q4 2025 guidance at 1.730-1.800 EPS. On average, sell-side analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current year.

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 540 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $127.12, for a total value of $68,644.80. Following the sale, the insider owned 56,775 shares in the company, valued at approximately $7,217,238. This trade represents a 0.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $126.82, for a total value of $1,077,970.00. Following the transaction, the chief executive officer owned 203,951 shares of the company’s stock, valued at approximately $25,865,065.82. The trade was a 4.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 28,559 shares of company stock valued at $3,753,760. Corporate insiders own 0.88% of the company’s stock.

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.