Sivia Capital Partners LLC Buys New Position in Qualys, Inc. $QLYS

Key Points

• Sivia Capital Partners LLC acquired 2,042 shares of Qualys, Inc., valued at approximately $292,000, during the second quarter.
• CEO Sumedh S. Thakar sold 12,000 shares, reducing his ownership by 5.22%, while other insiders also sold a significant number of shares recently.
• Analysts have set new price targets for Qualys, with DA Davidson raising theirs from $130 to $135, suggesting a consensus rating of "Hold" with a price target of $141.

Sivia Capital Partners LLC acquired a new position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,042 shares of the software maker's stock, valued at approximately $292,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. grew its holdings in Qualys by 82.7% during 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 during the period. Manchester Capital Management LLC grew its holdings in Qualys by 52.4% in the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker's stock valued at $55,000 after purchasing an additional 150 shares during the last quarter. Fifth Third Bancorp grew its holdings in Qualys by 27.9% in the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock valued at $63,000 after purchasing an additional 109 shares during the last quarter. Parallel Advisors LLC grew its holdings in Qualys by 82.0% in the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker's stock valued at $69,000 after purchasing an additional 218 shares during the last quarter. Finally, Quarry LP grew 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 purchasing an additional 350 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Jefferies Financial Group upped their target price on Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Wedbush upped their target price on Qualys from $145.00 to $155.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. DA Davidson lifted their price objective on Qualys from $130.00 to $135.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Wall Street Zen cut Qualys from a "buy" rating to a "hold" rating in a research report on Saturday, August 30th. Finally, Zacks Research upgraded Qualys to a "strong-buy" rating in a research report on Monday, August 11th. One research 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 issued a Sell rating to the company. According to data from MarketBeat, Qualys currently has an average rating of "Hold" and an average target price of $141.00.

Qualys Price Performance

NASDAQ:QLYS traded up $0.59 during mid-day trading on Monday, reaching $136.15. The company's stock had a trading volume of 36,256 shares, compared to its average volume of 334,333. The company's fifty day simple moving average is $134.18 and its two-hundred day simple moving average is $133.05. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $170.00. The stock has a market cap of $4.91 billion, a P/E ratio of 27.17 and a beta of 0.65.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.21. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The firm had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. During the same period last year, the company earned $1.52 EPS. The firm's quarterly revenue was up 10.3% on a year-over-year basis. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. Sell-side analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 1,018 shares of Qualys stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $132.26, for a total value of $134,640.68. Following the transaction, the chief financial officer directly owned 94,468 shares of the company's stock, valued at $12,494,337.68. The trade was a 1.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Sumedh S. Thakar sold 12,000 shares of Qualys stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $149.25, for a total value of $1,791,000.00. Following the completion of the transaction, the chief executive officer directly owned 217,962 shares in the company, valued at $32,530,828.50. This represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 51,040 shares of company stock valued at $7,030,879. 1.00% of the stock is currently owned by company insiders.

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.