Livforsakringsbolaget Skandia Omsesidigt Boosts Stock Position in Qualys, Inc. $QLYS

Key Points

• Livforsakringsbolaget Skandia Omsesidigt has significantly increased its stake in Qualys, Inc. by 166.9%, owning approximately $3.33 million worth of shares after purchasing an additional 14,600 shares.
• Qualys reported earnings of $1.68 EPS for the last quarter, exceeding the consensus estimate, with quarterly revenue showing a 10.3% year-over-year increase.
• Analysts have mixed ratings for Qualys, with target price upgrades and a consensus rating of "Hold", reflecting a calculated average target price of $141.00.

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 166.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,350 shares of the software maker's stock after acquiring an additional 14,600 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned approximately 0.06% of Qualys worth $3,334,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in QLYS. Quantinno Capital Management LP purchased a new stake in Qualys during the fourth quarter valued at about $213,000. ProShare Advisors LLC raised its position in Qualys by 40.8% during the fourth quarter. ProShare Advisors LLC now owns 12,246 shares of the software maker's stock valued at $1,717,000 after purchasing an additional 3,548 shares in the last quarter. Snowden Capital Advisors LLC raised its position in Qualys by 13.1% during the fourth quarter. Snowden Capital Advisors LLC now owns 3,016 shares of the software maker's stock valued at $423,000 after purchasing an additional 349 shares in the last quarter. Tidal Investments LLC raised its position in Qualys by 63.0% during the fourth quarter. Tidal Investments LLC now owns 4,030 shares of the software maker's stock valued at $565,000 after purchasing an additional 1,558 shares in the last quarter. Finally, Voloridge Investment Management LLC raised its position in Qualys by 1.6% during the fourth quarter. Voloridge Investment Management LLC now owns 177,438 shares of the software maker's stock valued at $24,880,000 after purchasing an additional 2,727 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company's stock.

Qualys Stock Up 0.6%

Shares of NASDAQ:QLYS traded up $0.83 during trading on Monday, reaching $136.39. The stock had a trading volume of 178,104 shares, compared to its average volume of 335,170. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $170.00. The business has a fifty day moving average price of $134.18 and a 200-day moving average price of $133.05. The stock has a market cap of $4.92 billion, a P/E ratio of 27.22 and a beta of 0.65.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings results 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 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 firm's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, equities analysts forecast that Qualys, Inc. will post 3.85 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Jefferies Financial Group raised their price objective on Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. Zacks Research raised Qualys to a "strong-buy" rating in a research note on Monday, August 11th. UBS Group raised their target price on Qualys from $140.00 to $150.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Morgan Stanley lifted their price objective on Qualys from $90.00 to $97.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. Finally, Wedbush lifted their price objective on Qualys from $145.00 to $155.00 and gave the company an "outperform" 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $141.00.

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 12,000 shares of Qualys stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $149.25, for a total transaction of $1,791,000.00. Following the sale, the chief executive officer owned 217,962 shares in the company, valued at $32,530,828.50. The trade was a 5.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kristi Marie Rogers sold 1,700 shares of Qualys 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 in the company, valued at $1,157,881.20. This represents a 16.51% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,040 shares of company stock worth $7,030,879. 1.00% of the stock is owned by insiders.

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.