Qualys, Inc. $QLYS Stock Position Lifted by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS increased its stake in Qualys, Inc. by 22%, holding 14,400 shares valued at approximately $2.06 million.
• Qualys reported $1.68 EPS for the latest quarter, exceeding analyst expectations, with quarterly revenue increasing by 10.3% year-over-year.
• Institutional investors own 99.31% of Qualys, emphasizing strong interest from larger financial entities in the company's performance.

KLP Kapitalforvaltning AS raised its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 22.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,400 shares of the software maker's stock after buying an additional 2,600 shares during the quarter. KLP Kapitalforvaltning AS's holdings in Qualys were worth $2,057,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of QLYS. AQR Capital Management LLC grew its holdings in shares of Qualys by 96.8% during the 1st quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker's stock valued at $85,394,000 after acquiring an additional 338,702 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Qualys by 92.2% during 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 valued at $81,003,000 after purchasing an additional 308,635 shares during the last quarter. Penserra Capital Management LLC grew 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 valued at $62,849,000 after purchasing an additional 173,512 shares in the last quarter. Nuveen LLC acquired a new position in Qualys in the 1st quarter worth about $13,291,000. Finally, Retirement Systems of Alabama increased its position in Qualys by 162.4% in the 1st quarter. Retirement Systems of Alabama now owns 147,535 shares of the software maker's stock worth $18,579,000 after purchasing an additional 91,312 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Qualys Price Performance

Shares of QLYS opened at $128.81 on Monday. The company has a market capitalization of $4.65 billion, a PE ratio of 25.71 and a beta of 0.62. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The company's fifty day moving average price is $132.61 and its 200 day moving average price is $133.54.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on QLYS. DA Davidson lifted their price target on Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Qualys in a research report on Wednesday, October 8th. Scotiabank boosted their target price on shares of Qualys from $142.00 to $150.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 6th. Wedbush increased their price target on shares of Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Finally, UBS Group raised their price target on shares of Qualys from $140.00 to $150.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $141.00.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 8,500 shares of the firm's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $132.49, for a total value of $1,126,165.00. Following the sale, the chief executive officer owned 205,951 shares in the company, valued at approximately $27,286,447.99. This trade represents a 3.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John A. Zangardi sold 3,103 shares of the business's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $134.94, for a total transaction of $418,718.82. Following the transaction, the director directly owned 4,071 shares in the company, valued at $549,340.74. This trade represents a 43.25% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,065 shares of company stock worth $4,119,973. Insiders own 1.00% of the company's stock.

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.

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