Fort Washington Investment Advisors Inc. OH Boosts Holdings in Qualys, Inc. $QLYS

Key Points

• Fort Washington Investment Advisors Inc. OH increased its stake in Qualys, Inc. by 1.8% during the 2nd quarter, now holding 156,614 shares valued at $22.4 million.
• Insider transactions saw Qualys directors sell a total of 51,565 shares worth approximately $7.1 million over the last three months, indicating a decrease in their ownership.
• Qualys reported a quarterly earnings per share of $1.68, exceeding estimates, with revenue of $164.06 million reflecting a year-over-year growth of 10.3%.

Fort Washington Investment Advisors Inc. OH boosted its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 156,614 shares of the software maker's stock after acquiring an additional 2,794 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.43% of Qualys worth $22,375,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of QLYS. ST Germain D J Co. Inc. bought a new stake in shares of Qualys in the 2nd quarter worth approximately $154,000. Dakota Wealth Management bought a new stake in shares of Qualys in the second quarter valued at $204,000. Public Employees Retirement System of Ohio lifted its position in shares of Qualys by 2.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 33,567 shares of the software maker's stock valued at $4,796,000 after buying an additional 848 shares during the last quarter. Argent Capital Management LLC lifted its position in shares of Qualys by 4.7% during the 2nd quarter. Argent Capital Management LLC now owns 4,651 shares of the software maker's stock valued at $664,000 after buying an additional 209 shares during the last quarter. Finally, Occidental Asset Management LLC increased its holdings in Qualys by 4.3% in the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker's stock worth $326,000 after acquiring an additional 95 shares during the last quarter. 99.31% of the stock is owned by institutional investors.

Insider Activity at Qualys

In related news, Director John A. Zangardi sold 3,860 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.82, for a total value of $520,405.20. Following the sale, the director directly owned 7,174 shares of the company's stock, valued at $967,198.68. This trade represents a 34.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kristi Marie Rogers sold 1,700 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the director directly owned 8,596 shares of the company's stock, valued at approximately $1,157,881.20. This represents a 16.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 51,565 shares of company stock valued at $7,102,374 in the last ninety days. 1.00% of the stock is currently owned by company insiders.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $136.66 on Monday. The firm has a fifty day moving average price of $133.88 and a two-hundred day moving average price of $133.46. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 27.28 and a beta of 0.65. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.21. The firm had revenue of $164.06 million for the quarter, compared to analysts' expectations of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The business's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Equities research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wedbush upped their price objective on shares of Qualys from $145.00 to $155.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. DA Davidson upped their price target on shares of Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Scotiabank lifted their price objective on shares of Qualys from $142.00 to $150.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 6th. UBS Group boosted their target price on shares of Qualys from $140.00 to $150.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Finally, Morgan Stanley raised their price target on Qualys from $90.00 to $97.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $141.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.