Livforsakringsbolaget Skandia Omsesidigt Grows Stake in Qualys, Inc. $QLYS

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in Qualys, Inc. by 202.3%, resulting in ownership of 26,450 shares worth approximately $3.78 million.
• Several institutional investors have significantly raised their positions in Qualys, with AQR Capital Management boosting its holdings by 96.8% to 688,776 shares.
• Qualys reported earnings of $1.68 EPS for the last quarter, surpassing estimates, and set FY 2025 guidance at 6.200-6.5 EPS, indicative of a strong performance outlook.

Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 202.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,450 shares of the software maker's stock after acquiring an additional 17,700 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned 0.07% of Qualys worth $3,779,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in Qualys by 96.8% in the first quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker's stock worth $85,394,000 after purchasing an additional 338,702 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Qualys by 92.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 643,238 shares of the software maker's stock worth $81,003,000 after purchasing an additional 308,635 shares during the last quarter. Penserra Capital Management LLC lifted its stake in Qualys by 53.3% in the first quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker's stock worth $62,849,000 after purchasing an additional 173,512 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Qualys by 6.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 449,650 shares of the software maker's stock worth $56,628,000 after purchasing an additional 26,074 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Qualys by 2.8% in the first quarter. Invesco Ltd. now owns 415,582 shares of the software maker's stock worth $52,334,000 after purchasing an additional 11,481 shares during the last quarter. Institutional investors own 99.31% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on QLYS. Scotiabank raised their price objective on shares of Qualys from $142.00 to $150.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 6th. UBS Group raised their target price on shares of 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 lowered shares of Qualys from a "buy" rating to a "hold" rating in a research report on Saturday, August 30th. Wedbush raised their target price on shares of Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Finally, Jefferies Financial Group raised their target price on shares of Qualys from $140.00 to $150.00 and gave the stock a "hold" 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 assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $141.00.

Insider Activity

In other news, Director Wendy Pfeiffer sold 200 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $129.72, for a total transaction of $25,944.00. Following the sale, the director directly owned 11,082 shares of the company's stock, valued at $1,437,557.04. The trade was a 1.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Joo Mi Kim sold 844 shares of the business's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $134.80, for a total transaction of $113,771.20. Following the sale, the chief financial officer directly owned 93,651 shares in the company, valued at $12,624,154.80. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,040 shares of company stock valued at $7,030,879. 0.88% of the stock is owned by corporate insiders.

Qualys Price Performance

NASDAQ QLYS traded down $0.22 on Friday, hitting $135.56. The stock had a trading volume of 931,562 shares, compared to its average volume of 288,165. The business's fifty day moving average price is $134.18 and its 200 day moving average price is $133.02. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $170.00. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 27.06 and a beta of 0.65.

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 (EPS) for the quarter, topping the consensus estimate 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 net margin of 29.04% and a return on equity of 37.19%. The business's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $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, sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current 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.