Vontobel Holding Ltd. Sells 11,883 Shares of Qualys, Inc. $QLYS

Key Points

• Vontobel Holding cut its Qualys stake by 11% in the third quarter, selling 11,883 shares and retaining 95,659 shares valued at approximately $17.9 million. Institutional investors collectively own 99.31% of QLYS.
• Analyst sentiment remains mixed, with Qualys receiving an average “Hold” rating and a consensus price target of $180.53. The stock opened at $181.05, versus a 52-week range of $74.51 to $206.25.
• Qualys reported quarterly EPS of $1.98, exceeding estimates by $0.20, while revenue rose 11.1% year over year to $182.18 million. Insiders sold 11,141 shares worth about $1.94 million over the past three months, primarily through pre-arranged trading plans.

Vontobel Holding Ltd. reduced its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 11.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,659 shares of the software maker's stock after selling 11,883 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.28% of Qualys worth $17,907,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of QLYS. Eagle Bay Advisors LLC purchased a new stake in shares of Qualys during the 3rd quarter valued at $213,000. ZWJ Investment Counsel Inc. raised its stake in shares of Qualys by 4.9% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,114 shares of the software maker's stock worth $396,000 after purchasing an additional 98 shares during the period. ANB Bank bought a new stake in shares of Qualys during the 3rd quarter worth $333,000. GAMMA Investing LLC raised its stake in shares of Qualys by 32.2% during the 3rd quarter. GAMMA Investing LLC now owns 2,086 shares of the software maker's stock worth $390,000 after purchasing an additional 508 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Qualys by 25.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 527 shares of the software maker's stock worth $99,000 after buying an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Qualys from a "hold" rating to a "buy" rating in a research report on Saturday. Zacks Research upgraded shares of Qualys from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 11th. Canaccord Genuity Group set a $190.00 price objective on shares of Qualys in a research report on Wednesday, August 5th. Wedbush cut shares of Qualys from an "outperform" rating to a "neutral" rating and set a $175.00 target price on the stock. in a research note on Thursday, September 10th. Finally, Jefferies Financial Group boosted their target price on shares of Qualys from $150.00 to $185.00 and gave the company a "hold" rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $180.53.

Insider Buying and Selling at Qualys

In other news, CEO Sumedh S. Thakar sold 3,200 shares of Qualys stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $190.36, for a total value of $609,152.00. Following the completion of the transaction, the chief executive officer owned 177,138 shares in the company, valued at $33,719,989.68. This trade represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wendy Pfeiffer sold 500 shares of Qualys stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $158.19, for a total transaction of $79,095.00. Following the completion of the transaction, the director owned 12,210 shares of the company's stock, valued at $1,931,499.90. The trade was a 3.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,141 shares of company stock valued at $1,935,891 in the last three months. 0.72% of the stock is owned by company insiders.

Qualys Price Performance

Shares of QLYS opened at $181.05 on Friday. The firm has a market cap of $6.26 billion, a PE ratio of 31.32 and a beta of 0.60. The stock's fifty day moving average price is $182.85 and its two-hundred day moving average price is $138.60. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $206.25.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%. The firm had revenue of $182.18 million for the quarter, compared to analysts' expectations of $178.57 million. During the same quarter in the prior year, the firm earned $1.68 EPS. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Sell-side analysts anticipate that Qualys, Inc. will post 5.84 earnings per share for the current fiscal year.

Qualys Company Profile

Qualys, Inc provides cloud-based information technology, security and compliance solutions for organizations worldwide. Its platform is designed to help businesses identify, assess and manage security vulnerabilities across their networks, endpoints, cloud environments and web applications.

The company's offerings include vulnerability management, asset inventory, security and compliance assessment, web application security, endpoint detection and response, and cloud security capabilities.

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