Qualys, Inc. $QLYS Stock Position Raised by Blair William & Co. IL

Key Points

• Blair William & Co. IL increased its position in Qualys, Inc. by 5.7%, now owning 45,263 shares valued at approximately $6.47 million.
• CEO Sumedh S. Thakar sold 8,500 shares worth over $1.12 million, reducing his ownership by 3.96% to 205,951 shares.
• Qualys reported a quarterly earnings per share (EPS) of $1.68, surpassing expectations and showing a 10.3% revenue increase year-over-year.

Blair William & Co. IL increased its position in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 5.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 45,263 shares of the software maker's stock after purchasing an additional 2,440 shares during the period. Blair William & Co. IL owned about 0.12% of Qualys worth $6,467,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its position in Qualys by 82.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker's stock worth $46,000 after acquiring an additional 167 shares during the period. Manchester Capital Management LLC lifted its position in shares of Qualys by 52.4% in the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker's stock worth $55,000 after purchasing an additional 150 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of Qualys by 27.9% during the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock worth $63,000 after purchasing an additional 109 shares during the period. Parallel Advisors LLC grew its position in Qualys by 82.0% during the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker's stock valued at $69,000 after purchasing an additional 218 shares in the last quarter. Finally, Quarry LP increased its stake in Qualys by 154.9% in the 1st quarter. Quarry LP now owns 576 shares of the software maker's stock valued at $73,000 after buying an additional 350 shares during the period. 99.31% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Qualys

In related 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 completion of the transaction, the chief executive officer owned 205,951 shares of the company's stock, valued at approximately $27,286,447.99. This trade represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 787 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $129.17, for a total value of $101,656.79. Following the completion of the sale, the chief financial officer directly owned 92,864 shares of the company's stock, valued at approximately $11,995,242.88. The trade was a 0.84% 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. 1.00% of the stock is currently owned by company insiders.

Qualys Stock Down 0.7%

NASDAQ:QLYS opened at $128.81 on Monday. The firm has a market cap of $4.65 billion, a PE ratio of 25.71 and a beta of 0.62. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00. The company's 50-day moving average price is $132.61 and its two-hundred day moving average price is $133.54.

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 business had revenue of $164.06 million for 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 firm's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business 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. On average, research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wedbush upped their target price on Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Jefferies Financial Group boosted their price target on Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Qualys in a research note on Wednesday, October 8th. UBS Group upped their price objective on shares of Qualys from $140.00 to $150.00 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Finally, Morgan Stanley raised their target price on Qualys from $90.00 to $97.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $141.00.

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.

Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.