UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Boosts Holdings in Qualys, Inc. $QLYS

Key Points

• UBS Asset Management raised its stake in Qualys, Inc. by 92.2% in Q1, now owning approximately 643,238 shares worth $81 million.
• Qualys announced Q2 earnings of $1.68 per share, exceeding analyst expectations, with revenue totaling $164.06 million, a 10.3% increase year-over-year.
• Several analysts have updated their price targets on Qualys, with the average target now set at $141.00, reflecting a mixed outlook with ratings ranging from 'Strong Buy' to 'Sell'.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 92.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 643,238 shares of the software maker's stock after acquiring an additional 308,635 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 1.77% of Qualys worth $81,003,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its stake in shares of Qualys by 82.7% in the first 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 grew its position in Qualys by 52.4% during the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker's stock valued at $55,000 after buying an additional 150 shares during the period. Fifth Third Bancorp grew its position in Qualys by 27.9% during the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock valued at $63,000 after buying an additional 109 shares during the period. Quarry LP grew its position in Qualys by 154.9% during the first 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. Finally, Signaturefd LLC grew its position in Qualys by 96.4% during the first quarter. Signaturefd LLC now owns 601 shares of the software maker's stock valued at $76,000 after buying an additional 295 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Kristi Marie Rogers sold 1,700 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $134.70, for a total value of $228,990.00. Following the sale, the director owned 8,596 shares in the company, valued at approximately $1,157,881.20. The trade was a 16.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 844 shares of the business's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $134.80, for a total transaction of $113,771.20. Following the completion of the sale, the chief financial officer owned 93,651 shares in the company, valued at $12,624,154.80. This represents a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 43,065 shares of company stock valued at $5,976,093 in the last three months. Corporate insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Morgan Stanley boosted their target price on shares of Qualys from $90.00 to $97.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. UBS Group lifted 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. DA Davidson increased their price objective on shares of Qualys from $130.00 to $135.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Jefferies Financial Group lifted their target price on shares of Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. Finally, Wedbush increased their price target on Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a research note 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 given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $141.00.

Qualys Stock Down 1.0%

NASDAQ QLYS traded down $1.38 during trading on Monday, hitting $132.08. 385,797 shares of the stock traded hands, compared to its average volume of 278,432. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $170.00. The firm has a 50-day simple moving average of $134.88 and a 200-day simple moving average of $132.95. The company has a market capitalization of $4.77 billion, a P/E ratio of 26.36 and a beta of 0.65.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its earnings results on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.21. The firm had revenue of $164.06 million during 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 company'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 EPS. 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, research analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

About Qualys

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.