Qualys, Inc. $QLYS Shares Purchased by Vident Advisory LLC

Key Points

• Vident Advisory LLC increased its holdings in Qualys by 53.9% in Q1, acquiring an additional 28,755 shares to reach a total of 82,068 shares valued at approximately $10.3 million.
• Qualys reported $1.68 EPS for the most recent quarter, exceeding analyst estimates by $0.21, with revenue rising 10.3% year-over-year.
• Wall Street analysts have mixed ratings for Qualys, with an average target price of $141.00, indicating a general expectation of modest growth.

Vident Advisory LLC lifted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 53.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 82,068 shares of the software maker's stock after buying an additional 28,755 shares during the period. Vident Advisory LLC owned approximately 0.23% of Qualys worth $10,335,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Northern Trust Corp boosted its stake in shares of Qualys by 10.1% during the fourth quarter. Northern Trust Corp now owns 571,016 shares of the software maker's stock worth $80,068,000 after buying an additional 52,256 shares during the period. Penserra Capital Management LLC boosted its stake in shares of Qualys by 53.3% during the first quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker's stock worth $62,849,000 after buying an additional 173,512 shares during the period. London Co. of Virginia boosted its stake in shares of Qualys by 2.8% during the fourth quarter. London Co. of Virginia now owns 464,304 shares of the software maker's stock worth $65,105,000 after buying an additional 12,599 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Qualys by 37.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 423,576 shares of the software maker's stock worth $59,393,000 after purchasing an additional 115,427 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Qualys by 2.8% during 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 in the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Activity

In other Qualys news, Director Wendy Pfeiffer sold 200 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $129.72, for a total transaction of $25,944.00. Following the sale, the director owned 11,082 shares in the company, valued at approximately $1,437,557.04. This represents a 1.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $129.95, for a total value of $1,104,575.00. Following the sale, the chief executive officer owned 207,920 shares in the company, valued at approximately $27,019,204. This trade represents a 3.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,223 shares of company stock worth $7,257,452 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Zacks Research raised shares of Qualys to a "strong-buy" rating in a report on Monday, August 11th. Jefferies Financial Group increased their price target on shares of Qualys from $140.00 to $150.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. DA Davidson increased their price target on shares of Qualys from $130.00 to $135.00 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Canaccord Genuity Group cut their price target on shares of Qualys from $163.00 to $158.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Finally, Royal Bank Of Canada increased their price target on shares of Qualys from $131.00 to $140.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $141.00.

Qualys Price Performance

Qualys stock traded up $2.11 during mid-day trading on Wednesday, reaching $135.88. The company had a trading volume of 340,880 shares, compared to its average volume of 335,176. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $170.00. The company has a market capitalization of $4.91 billion, a P/E ratio of 27.12 and a beta of 0.65. The stock's 50-day simple moving average is $136.85 and its 200-day simple moving average is $133.20.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its 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 firm had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.Qualys's revenue was up 10.3% on a year-over-year basis. During the same quarter 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. On average, equities analysts forecast 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.