Swiss National Bank Sells 1,200 Shares of Qualys, Inc. $QLYS

Swiss National Bank reduced its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,700 shares of the software maker’s stock after selling 1,200 shares during the period. Swiss National Bank owned 0.19% of Qualys worth $9,958,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of QLYS. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Qualys in the 2nd quarter worth approximately $44,000. Manchester Capital Management LLC lifted its stake in Qualys by 52.4% in the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock worth $55,000 after acquiring an additional 150 shares during the period. Parallel Advisors LLC lifted its stake in Qualys by 82.0% in the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock worth $69,000 after acquiring an additional 218 shares during the period. Quarry LP boosted its holdings in Qualys by 154.9% in the first quarter. Quarry LP now owns 576 shares of the software maker’s stock valued at $73,000 after acquiring an additional 350 shares in the last quarter. Finally, Hennessy Advisors Inc. purchased a new position in Qualys during the 2nd quarter valued at $115,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

Shares of NASDAQ QLYS opened at $141.11 on Friday. The company has a 50 day simple moving average of $134.52 and a two-hundred day simple moving average of $136.09. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $159.73. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of 28.17 and a beta of 0.58.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.30. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The company had revenue of $169.88 million for the quarter, compared to the consensus estimate of $166.30 million. During the same quarter in the prior year, the business posted $1.56 EPS. The firm’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. On average, analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on QLYS shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualys in a research report on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target 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. Jefferies Financial Group raised their price objective on shares of Qualys from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. UBS Group lifted their price objective on Qualys from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, Truist Financial reissued a “hold” rating and issued a $130.00 target price (down previously from $145.00) on shares of Qualys in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Qualys has an average rating of “Hold” and an average target price of $142.14.

Insider Transactions at Qualys

In other news, insider Bruce K. Posey sold 540 shares of the company’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 value of $68,644.80. Following the transaction, the insider owned 56,775 shares in the company, valued at approximately $7,217,238. This 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 this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was 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 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 21,896 shares of company stock worth $2,900,790. Corporate insiders own 1.00% 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.