15,845 Shares in Qualys, Inc. $QLYS Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems ET Al purchased 15,845 shares of Qualys, Inc., valued at approximately $2.26 million, indicating strong institutional interest in the software maker.
• Several research firms have downgraded Qualys, with Zacks Research cutting the rating from "strong-buy" to "hold," and a consensus target price of $140.62 among analysts.
• Insider trading activity included CFO Joo Mi Kim and Director Kristi Marie Rogers selling shares, totaling over $363,000, while institutional investors own 99.31% of Qualys stock.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 15,845 shares of the software maker's stock, valued at approximately $2,264,000.

Other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. lifted its stake in shares of Qualys by 82.7% in the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker's stock worth $46,000 after acquiring an additional 167 shares in the last quarter. Manchester Capital Management LLC lifted its stake in shares of 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 in the last quarter. Parallel Advisors LLC lifted its stake in shares of 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 in the last quarter. Quarry LP lifted its stake in shares of Qualys by 154.9% in the first quarter. Quarry LP now owns 576 shares of the software maker's stock worth $73,000 after acquiring an additional 350 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in shares of Qualys by 96.4% in the first quarter. Signaturefd LLC now owns 601 shares of the software maker's stock worth $76,000 after acquiring an additional 295 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on QLYS. Zacks Research cut Qualys from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 6th. DA Davidson boosted their price target on Qualys from $130.00 to $135.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Wall Street Zen lowered Qualys from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Weiss Ratings reissued a "hold (c)" rating on shares of Qualys in a report on Wednesday, October 8th. Finally, Morgan Stanley boosted their price objective on Qualys from $90.00 to $97.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. Two 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's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $140.62.

Insider Buying and Selling

In other news, CFO Joo Mi Kim sold 1,018 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $132.26, for a total transaction of $134,640.68. Following the completion of the transaction, the chief financial officer directly owned 94,468 shares of the company's stock, valued at approximately $12,494,337.68. This represents a 1.07% 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 the SEC website. Also, Director Kristi Marie Rogers sold 1,700 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.70, for a total value of $228,990.00. Following the transaction, the director directly owned 8,596 shares of the company's stock, valued at $1,157,881.20. This trade represents a 16.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 39,364 shares of company stock valued at $5,162,899 over the last three months. 1.00% of the stock is owned by company insiders.

Qualys Stock Up 3.3%

Shares of Qualys stock opened at $131.84 on Wednesday. The firm has a market cap of $4.76 billion, a P/E ratio of 26.32 and a beta of 0.62. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $170.00. The business has a 50-day moving average price of $132.32 and a 200 day moving average price of $133.62.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.21. The firm had revenue of $164.06 million during the quarter, compared to analyst estimates of $161.25 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.Qualys's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 earnings per share. 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, equities research analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current 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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