Voleon Capital Management LP Makes New $355,000 Investment in Qualys, Inc. $QLYS

Key Points

• Voleon Capital Management LP has invested $355,000 in Qualys, Inc. by acquiring 2,821 shares during the first quarter.
• Multiple institutional investors increased their stakes in Qualys, with SBI Securities Co. Ltd. raising its position by 82.7% in the same period.
• Qualys reported earnings of $1.68 per share, surpassing analysts' expectations, and set its FY 2025 guidance at 6.200-6.5 EPS.

Voleon Capital Management LP purchased a new position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,821 shares of the software maker's stock, valued at approximately $355,000.

Other large investors have also modified their holdings of the company. Tandem Investment Advisors Inc. lifted its position in shares of Qualys by 24.4% during the first quarter. Tandem Investment Advisors Inc. now owns 41,370 shares of the software maker's stock worth $5,210,000 after purchasing an additional 8,120 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Qualys by 4.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,143 shares of the software maker's stock worth $1,036,000 after acquiring an additional 310 shares during the last quarter. Novem Group lifted its holdings in Qualys by 35.0% in the first quarter. Novem Group now owns 7,008 shares of the software maker's stock worth $883,000 after acquiring an additional 1,817 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Qualys by 1.1% in the first quarter. Principal Financial Group Inc. now owns 110,027 shares of the software maker's stock worth $13,856,000 after acquiring an additional 1,177 shares during the last quarter. Finally, Verity Asset Management Inc. bought a new position in Qualys in the first quarter worth about $360,000. Institutional investors own 99.31% of the company's stock.

Qualys Price Performance

Shares of NASDAQ QLYS traded down $2.19 during mid-day trading on Friday, reaching $133.46. 182,111 shares of the company traded hands, compared to its average volume of 280,962. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $170.00. The firm has a market cap of $4.82 billion, a PE ratio of 26.64 and a beta of 0.65. The stock has a fifty day simple moving average of $135.18 and a 200-day simple moving average of $132.93.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.21. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The business had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. During the same quarter last year, the business earned $1.52 earnings per share. The business's revenue for the quarter was up 10.3% on a year-over-year basis. 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, analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Scotiabank raised their target price on shares of Qualys from $142.00 to $150.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 6th. Jefferies Financial Group raised their target price on shares of Qualys from $140.00 to $150.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. Wall Street Zen cut shares of Qualys from a "buy" rating to a "hold" rating in a report on Saturday, August 30th. 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. Finally, UBS Group lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Qualys currently has an average rating of "Hold" and an average price target of $141.00.

Insider Activity at Qualys

In related news, CEO Sumedh S. Thakar sold 12,000 shares of the firm's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $149.25, for a total transaction of $1,791,000.00. Following the transaction, the chief executive officer owned 217,962 shares in the company, valued at $32,530,828.50. This trade represents a 5.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John A. Zangardi sold 3,860 shares of Qualys stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $134.82, for a total transaction of $520,405.20. Following the completion of the transaction, the director owned 7,174 shares in the company, valued at approximately $967,198.68. This trade represents a 34.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,222 shares of company stock worth $7,252,957 over the last ninety days. Insiders own 0.88% 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.