Intech Investment Management LLC Has $3.02 Million Position in Qualys, Inc. $QLYS

Key Points

• Intech Investment Management LLC increased its stake in Qualys by 35.6% in Q1, now holding approximately 0.07% of the company worth $3.02 million.
• Insiders, including the CEO and a director, have recently sold significant shares of Qualys, with total insider sales amounting to $5.98 million in the past three months.
• Qualys reported better-than-expected earnings of $1.68 per share for its last quarter, exceeding analyst estimates by $0.21.

Intech Investment Management LLC raised its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 35.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,988 shares of the software maker's stock after acquiring an additional 6,292 shares during the period. Intech Investment Management LLC owned approximately 0.07% of Qualys worth $3,021,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tandem Investment Advisors Inc. raised its holdings in Qualys by 24.4% in the 1st quarter. Tandem Investment Advisors Inc. now owns 41,370 shares of the software maker's stock valued at $5,210,000 after acquiring an additional 8,120 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Qualys by 4.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,143 shares of the software maker's stock valued at $1,036,000 after acquiring an additional 310 shares in the last quarter. Novem Group raised its holdings in Qualys by 35.0% in the 1st quarter. Novem Group now owns 7,008 shares of the software maker's stock valued at $883,000 after acquiring an additional 1,817 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Qualys by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 110,027 shares of the software maker's stock valued at $13,856,000 after acquiring an additional 1,177 shares in the last quarter. Finally, Verity Asset Management Inc. acquired a new position in Qualys in the 1st quarter valued at $360,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualys

In other Qualys news, Director Wendy Pfeiffer sold 200 shares of the company's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $129.72, for a total value of $25,944.00. Following the sale, the director owned 11,082 shares in the company, valued at approximately $1,437,557.04. The trade was a 1.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the company's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $129.95, for a total value of $1,104,575.00. Following the completion of the sale, the chief executive officer owned 207,920 shares in the company, valued at $27,019,204. This trade represents a 3.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 43,065 shares of company stock worth $5,976,093 over the last three months. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. DA Davidson lifted their price objective on Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Wall Street Zen cut Qualys from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. Scotiabank boosted their price target on Qualys from $142.00 to $150.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 6th. Jefferies Financial Group boosted their price target on Qualys from $140.00 to $150.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. Finally, Zacks Research raised Qualys to a "strong-buy" rating in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $141.00.

Qualys Stock Down 1.6%

Shares of QLYS stock opened at $133.46 on Monday. The firm has a market capitalization of $4.82 billion, a P/E ratio of 26.64 and a beta of 0.65. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $170.00. The stock's fifty day simple moving average is $135.18 and its 200 day simple moving average is $132.94.

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 for the quarter, topping analysts' consensus estimates of $1.47 by $0.21. The business had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.Qualys's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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, equities research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Qualys 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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