Voya Investment Management LLC Has $36.90 Million Position in Qualys, Inc. $QLYS

Key Points

• Voya Investment Management LLC increased its stake in Qualys, Inc. by 3.2% during the first quarter, acquiring an additional 9,212 shares, bringing its total ownership to 293,050 shares worth approximately $36.9 million.
• CEO Sumedh S. Thakar sold 12,000 shares valued at about $1.79 million, resulting in a 5.22% decrease in his ownership, while other insiders also sold a total of 52,222 shares worth over $7.25 million in the last quarter.
• Analysts have raised their target prices for Qualys with Jefferies Financial Group setting it at $150, while the stock received a consensus rating of "Hold" and current average target price of $141.

Voya Investment Management LLC boosted its position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 3.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 293,050 shares of the software maker's stock after buying an additional 9,212 shares during the quarter. Voya Investment Management LLC owned 0.81% of Qualys worth $36,904,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of QLYS. Tandem Investment Advisors Inc. boosted its position in Qualys by 24.4% during the 1st quarter. Tandem Investment Advisors Inc. now owns 41,370 shares of the software maker's stock worth $5,210,000 after acquiring an additional 8,120 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in Qualys by 4.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,143 shares of the software maker's stock worth $1,036,000 after acquiring an additional 310 shares during the period. Novem Group raised its stake in shares of Qualys by 35.0% during the 1st quarter. Novem Group now owns 7,008 shares of the software maker's stock worth $883,000 after purchasing an additional 1,817 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Qualys by 1.1% during the 1st quarter. Principal Financial Group Inc. now owns 110,027 shares of the software maker's stock worth $13,856,000 after purchasing an additional 1,177 shares in the last quarter. Finally, Verity Asset Management Inc. purchased a new stake in shares of Qualys during the 1st quarter worth about $360,000. Institutional investors and hedge funds own 99.31% of the company's stock.

Insiders Place Their Bets

In other Qualys news, Director Kristi Marie Rogers sold 1,700 shares of Qualys stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $134.70, for a total value of $228,990.00. Following the transaction, the director directly owned 8,596 shares of the company's stock, valued at $1,157,881.20. The trade was a 16.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John A. Zangardi sold 3,860 shares of the business'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 owned 7,174 shares in the company, valued at approximately $967,198.68. This represents a 34.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,565 shares of company stock valued at $7,102,258. Corporate insiders own 0.88% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on QLYS. Wall Street Zen downgraded Qualys from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. DA Davidson raised their price target on Qualys from $130.00 to $135.00 and gave the stock a "neutral" 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. Jefferies Financial Group raised their price target on Qualys from $140.00 to $150.00 and gave the stock a "hold" rating in a research note on Wednesday, August 6th. Finally, Scotiabank raised their price target on Qualys from $142.00 to $150.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $141.00.

Qualys Price Performance

Shares of QLYS stock traded up $3.37 during trading on Thursday, reaching $135.58. The company had a trading volume of 50,144 shares, compared to its average volume of 331,335. The firm's 50 day simple moving average is $134.29 and its two-hundred day simple moving average is $132.94. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The company has a market capitalization of $4.89 billion, a PE ratio of 26.93 and a beta of 0.65.

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, beating analysts' consensus estimates of $1.47 by $0.21. The business had revenue of $164.06 million for 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 firm's revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business 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. Analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

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.