Qualys, Inc. $QLYS Shares Sold by Amundi

Key Points

• Amundi has reduced its holdings in Qualys, Inc. by 30.7%, selling 6,422 shares and bringing its total ownership to 14,521 shares, valued at approximately $1.79 million.
• Multiple institutional investors have increased their stakes in Qualys during Q1, with SBI Securities Co. Ltd. raising its position by 82.7%, contributing to a significant 99.31% of the stock being held by institutions.
• Qualys reported a quarterly EPS of $1.68, exceeding analysts' estimates and demonstrating a 10.3% year-over-year revenue increase, alongside updated guidance for FY 2025 at $6.20-$6.50 EPS.

Amundi lowered its position in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 30.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,521 shares of the software maker's stock after selling 6,422 shares during the period. Amundi's holdings in Qualys were worth $1,790,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. boosted its position in Qualys by 82.7% in the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker's stock valued at $46,000 after buying an additional 167 shares during the last quarter. Manchester Capital Management LLC boosted its position 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 buying an additional 150 shares during the last quarter. Fifth Third Bancorp boosted its position 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 buying an additional 109 shares during the last quarter. Quarry LP boosted its position 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 buying an additional 350 shares during the last quarter. Finally, Signaturefd LLC boosted its position in Qualys by 96.4% in the first quarter. Signaturefd LLC now owns 601 shares of the software maker's stock valued at $76,000 after buying an additional 295 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Morgan Stanley upped their target price on Qualys from $90.00 to $97.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. Zacks Research upgraded Qualys to a "strong-buy" rating in a research report on Monday, August 11th. DA Davidson upped 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. Scotiabank increased their target price on Qualys from $142.00 to $150.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 6th. Finally, UBS Group increased their target price on Qualys from $140.00 to $150.00 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $141.00.

Qualys Stock Up 2.7%

Shares of QLYS traded up $3.57 during midday trading on Thursday, reaching $135.78. The company had a trading volume of 285,019 shares, compared to its average volume of 284,936. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $170.00. The stock has a market cap of $4.90 billion, a PE ratio of 27.10 and a beta of 0.65. The firm has a 50 day simple moving average of $134.18 and a 200-day simple moving average of $132.98.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $164.06 million during the quarter, compared to the consensus estimate of $161.25 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The company's quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the company earned $1.52 EPS. 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, sell-side analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kristi Marie Rogers sold 1,700 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $134.70, for a total transaction of $228,990.00. Following the sale, the director 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Joo Mi Kim sold 1,018 shares of the 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 owned 94,468 shares in the company, valued at $12,494,337.68. This trade represents a 1.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 51,565 shares of company stock worth $7,102,258. 0.88% of the stock is owned by insiders.

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.