Invesco Ltd. Grows Stock Position in Qualys, Inc. $QLYS

Key Points

• Invesco Ltd. increased its stake in Qualys, Inc. by 2.8% during the first quarter by acquiring an additional 11,481 shares, bringing its total ownership to approximately 415,582 shares valued at $52.3 million.
• Insider transactions revealed CEO Sumedh S. Thakar sold 8,500 shares, reducing his stake by 3.93% and leaving him with 207,920 shares valued at around $27 million.
• Qualys, Inc. reported earnings that exceeded analyst expectations, with a $1.68 EPS for the quarter, surpassing estimates by $0.21, contributing to a net margin of 29.04%.

Invesco Ltd. grew its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 2.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 415,582 shares of the software maker's stock after acquiring an additional 11,481 shares during the quarter. Invesco Ltd. owned about 1.14% of Qualys worth $52,334,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of QLYS. Cubist Systematic Strategies LLC acquired a new stake in shares of Qualys in the 4th quarter worth $27,086,000. Penserra Capital Management LLC increased its stake in shares of Qualys by 53.3% in the 1st quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker's stock worth $62,849,000 after acquiring an additional 173,512 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Qualys by 43,505.0% during the 1st quarter. GAMMA Investing LLC now owns 122,530 shares of the software maker's stock worth $15,430,000 after purchasing an additional 122,249 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Qualys by 37.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 423,576 shares of the software maker's stock worth $59,393,000 after purchasing an additional 115,427 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Qualys during the 4th quarter worth about $15,937,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys Stock Performance

Shares of QLYS traded down $1.6120 during midday trading on Thursday, hitting $130.4980. The company had a trading volume of 96,693 shares, compared to its average volume of 335,406. The company's 50-day simple moving average is $137.75 and its 200-day simple moving average is $133.67. The firm has a market capitalization of $4.71 billion, a P/E ratio of 26.05 and a beta of 0.56. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $170.00.

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

Insider Activity

In related news, Director John A. Zangardi sold 1,287 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $132.03, for a total transaction of $169,922.61. Following the completion of the sale, the director owned 11,034 shares in the company, valued at $1,456,819.02. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bruce K. Posey sold 541 shares of the business's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $140.11, for a total value of $75,799.51. Following the sale, the insider owned 60,643 shares of the company's stock, valued at approximately $8,496,690.73. The trade was a 0.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,060 shares of company stock valued at $7,247,888 over the last 90 days. Insiders own 0.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on QLYS shares. UBS Group raised their price objective on Qualys from $140.00 to $150.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Wall Street Zen raised Qualys from a "hold" rating to a "buy" rating in a research report on Sunday. Royal Bank Of Canada lifted their target price on Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. dropped their target price on Qualys from $122.00 to $117.00 and set an "underweight" rating for the company in a research report on Monday, April 28th. Finally, Morgan Stanley lifted 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. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Qualys currently has a consensus rating of "Hold" and a consensus price target of $141.00.

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.