39,000 Qualys, Inc. $QLYS Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. cut its Qualys holdings by 76.7%, selling 39,000 shares and retaining 11,820 shares valued at $2.21 million. Institutional investors and hedge funds collectively own 99.31% of the company.
• Qualys insiders sold 10,640 shares worth approximately $1.88 million over the past 90 days, including sales by CEO Sumedh S. Thakar and insider Bruce Posey under pre-arranged Rule 10b5-1 plans.
• Qualys reported quarterly revenue of $182.18 million and adjusted earnings of $1.98 per share, exceeding analyst estimates. The stock opened at $216.70, while analysts maintained a consensus “Hold” rating with an average price target of $183.62.

Robeco Institutional Asset Management B.V. reduced its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 76.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,820 shares of the software maker's stock after selling 39,000 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Qualys were worth $2,213,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Kilter Group LLC acquired a new position in shares of Qualys in the second quarter worth about $31,000. Continuum Advisory LLC bought a new stake in Qualys in the 2nd quarter valued at about $33,000. Root Financial Partners LLC boosted its position in Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock worth $26,000 after acquiring an additional 200 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Qualys in the 2nd quarter worth approximately $51,000. Finally, Allworth Financial LP acquired a new stake in shares of Qualys in the 2nd quarter worth approximately $64,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualys

In other news, insider Bruce Posey sold 881 shares of Qualys stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $189.52, for a total value of $166,967.12. Following the transaction, the insider directly owned 57,807 shares of the company's stock, valued at $10,955,582.64. This trade represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 3,200 shares of the business's stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $190.36, for a total transaction of $609,152.00. Following the sale, the chief executive officer owned 177,138 shares in the company, valued at $33,719,989.68. This represents a 1.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 10,640 shares of company stock valued at $1,884,257. 0.72% of the stock is currently owned by corporate insiders.

Qualys Price Performance

Shares of Qualys stock opened at $216.70 on Monday. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $219.03. The firm has a market capitalization of $7.50 billion, a PE ratio of 37.49 and a beta of 0.60. The stock's fifty day moving average is $184.03 and its 200-day moving average is $142.91.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, beating analysts' consensus estimates of $1.78 by $0.20. The business had revenue of $182.18 million during the quarter, compared to analyst estimates of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%. Qualys's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the company posted $1.68 EPS. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Analysts expect that Qualys, Inc. will post 5.84 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Morgan Stanley set a $200.00 price objective on shares of Qualys in a report on Tuesday, October 13th. Wedbush cut Qualys from an "outperform" rating to a "neutral" rating and set a $175.00 target price on the stock. in a report on Thursday, September 10th. JPMorgan Chase & Co. boosted their target price on Qualys from $139.00 to $150.00 and gave the stock a "neutral" rating in a report on Monday, July 27th. Northland Securities set a $208.00 target price on Qualys in a research report on Wednesday, August 5th. Finally, Scotiabank increased their price target on Qualys from $190.00 to $220.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $183.62.

Qualys Profile

Qualys, Inc is a cloud-based cybersecurity company that helps organizations identify, assess and manage security risks across information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across on-premises infrastructure, endpoints, networks, applications and cloud environments.

The company's offerings include vulnerability management, detection and response, policy compliance, asset inventory, web application security, endpoint security and cloud security capabilities.

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