4,277 Shares in Qualys, Inc. $QLYS Purchased by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd has acquired 4,277 shares of Qualys, Inc. valued at approximately $611,000, marking its new position in the software maker.
• Institutional investors have increased their holdings in Qualys, with notable stakes raised by SBI Securities (up 82.7%) and Quarry LP (up 154.9%) during the 1st quarter.
• Analysts have mixed ratings on Qualys, with Zacks downgrading the stock to a "hold" while several firms raised their target prices, setting a consensus target at $141.00.

Bayforest Capital Ltd acquired a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 4,277 shares of the software maker's stock, valued at approximately $611,000.

Several other institutional investors and hedge funds have also made changes to their positions in QLYS. SBI Securities Co. Ltd. lifted its holdings in Qualys by 82.7% in the 1st quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker's stock valued at $46,000 after purchasing an additional 167 shares in the last quarter. Manchester Capital Management LLC lifted its holdings in Qualys by 52.4% in the 1st 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 in the last quarter. Fifth Third Bancorp lifted its holdings in Qualys by 27.9% in the 1st quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock valued at $63,000 after purchasing an additional 109 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Qualys by 82.0% in the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker's stock valued at $69,000 after purchasing an additional 218 shares in the last quarter. Finally, Quarry LP lifted its holdings in Qualys by 154.9% in the 1st quarter. Quarry LP now owns 576 shares of the software maker's stock valued at $73,000 after purchasing an additional 350 shares in the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Zacks Research lowered shares of Qualys from a "strong-buy" rating to a "hold" rating in a report on Monday, October 6th. DA Davidson upped their target price on shares of Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Wedbush upped their target price on shares of Qualys from $145.00 to $155.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Jefferies Financial Group upped their price objective on shares of Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen downgraded shares of Qualys from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $141.00.

Insider Buying and Selling at Qualys

In other news, insider Bruce K. Posey sold 525 shares of the business's stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $136.18, for a total transaction of $71,494.50. Following the completion of the sale, the insider owned 57,315 shares in the company, valued at approximately $7,805,156.70. The trade was a 0.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kristi Marie Rogers sold 1,700 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $134.70, for a total value of $228,990.00. Following the sale, the director owned 8,596 shares of the company's stock, valued at $1,157,881.20. The trade was a 16.51% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,865 shares of company stock worth $4,092,083. Company insiders own 1.00% of the company's stock.

Qualys Price Performance

NASDAQ QLYS opened at $127.64 on Wednesday. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00. The company has a 50-day moving average of $132.39 and a 200-day moving average of $133.51. The company has a market cap of $4.61 billion, a P/E ratio of 25.48 and a beta of 0.62.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its 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 business had revenue of $164.06 million during the quarter, compared to analysts' expectations of $161.25 million. During the same quarter in the previous year, the business earned $1.52 EPS. The company's revenue for the quarter 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. As a group, equities research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Qualys Company 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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