Qualys, Inc. $QLYS Stock Position Raised by Boston Trust Walden Corp

Key Points

• Boston Trust Walden Corp increased its stake in Qualys, Inc. by 8.4% during the 2nd quarter, owning approximately $162.57 million in shares, which constitutes around 1.2% of its total holdings.
• Qualys reported earnings of $1.68 per share for the latest quarter, exceeding estimates and showcasing a 10.3% year-over-year revenue growth.
• Several analysts have adjusted their price targets for Qualys, with Jefferies and UBS both raising theirs to $150.00, while the average target price now stands at $141.00.

Boston Trust Walden Corp boosted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 8.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,137,864 shares of the software maker's stock after purchasing an additional 88,051 shares during the quarter. Qualys makes up approximately 1.2% of Boston Trust Walden Corp's holdings, making the stock its 9th largest holding. Boston Trust Walden Corp owned about 3.13% of Qualys worth $162,567,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Occidental Asset Management LLC increased its holdings in Qualys by 4.3% during the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker's stock worth $326,000 after purchasing an additional 95 shares during the last quarter. Cim LLC increased its holdings in shares of Qualys by 1.2% in the 1st quarter. Cim LLC now owns 8,561 shares of the software maker's stock valued at $1,078,000 after acquiring an additional 98 shares during the last quarter. State of Michigan Retirement System increased its holdings in shares of Qualys by 1.2% in the 1st quarter. State of Michigan Retirement System now owns 8,776 shares of the software maker's stock valued at $1,105,000 after acquiring an additional 100 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Qualys by 1.0% in the 1st quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the software maker's stock valued at $1,297,000 after acquiring an additional 100 shares during the last quarter. Finally, Securian Asset Management Inc. increased its holdings in shares of Qualys by 3.7% in the 1st quarter. Securian Asset Management Inc. now owns 2,809 shares of the software maker's stock valued at $354,000 after acquiring an additional 100 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Qualys Stock Performance

NASDAQ:QLYS opened at $127.91 on Tuesday. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $170.00. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 25.53 and a beta of 0.62. The business has a fifty day moving average of $132.45 and a 200-day moving average of $133.55.

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. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The company had revenue of $164.06 million during the quarter, compared to analysts' expectations of $161.25 million. During the same quarter in the prior year, the business posted $1.52 earnings per share. The company's revenue for the quarter was up 10.3% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. On average, equities research analysts predict that Qualys, Inc. will post 3.85 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group boosted their price target on Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. UBS Group boosted their price target on Qualys from $140.00 to $150.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Wedbush upped their price objective on Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Wall Street Zen downgraded Qualys from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Qualys in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Qualys currently has an average rating of "Hold" and an average target price of $141.00.

Insider Buying and Selling

In other news, insider Bruce K. Posey sold 541 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $140.11, for a total value of $75,799.51. Following the completion of the sale, the insider owned 60,643 shares in the company, valued at $8,496,690.73. This represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Joo Mi Kim sold 1,018 shares of the company's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $132.26, for a total value of $134,640.68. Following the completion of the sale, the chief financial officer owned 94,468 shares of the company's stock, valued at approximately $12,494,337.68. This trade represents a 1.07% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,865 shares of company stock valued at $4,092,083. Company 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.

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.