Qualys, Inc. $QLYS Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its holdings in Qualys, Inc. (NASDAQ:QLYS) by 21.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 190,121 shares of the software maker’s stock after buying an additional 33,507 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Qualys were worth $25,159,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Qualys in the 2nd quarter valued at about $44,000. Parallel Advisors LLC grew its stake in shares of Qualys by 82.0% in the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock valued at $69,000 after purchasing an additional 218 shares during the last quarter. Quarry LP grew its stake in shares of Qualys by 154.9% in the 1st quarter. Quarry LP now owns 576 shares of the software maker’s stock valued at $73,000 after purchasing an additional 350 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Qualys in the second quarter valued at approximately $73,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Qualys by 3,218.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after purchasing an additional 515 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Stock Down 2.0%

Shares of QLYS opened at $134.57 on Wednesday. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $155.47. The company has a 50-day simple moving average of $140.37 and a 200-day simple moving average of $137.02. The company has a market capitalization of $4.83 billion, a PE ratio of 26.08 and a beta of 0.55.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.30. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The company had revenue of $169.88 million for the quarter, compared to analyst estimates of $166.30 million. During the same period in the prior year, the business posted $1.56 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. On average, research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Insider Buying and Selling

In related news, CEO Sumedh S. Thakar sold 8,500 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $147.12, for a total value of $1,250,520.00. Following the completion of the transaction, the chief executive officer directly owned 252,800 shares of the company’s stock, valued at $37,191,936. This trade represents a 3.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Joo Mi Kim sold 7,506 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $146.59, for a total value of $1,100,304.54. Following the sale, the chief financial officer owned 108,074 shares in the company, valued at approximately $15,842,567.66. The trade was a 6.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,187 shares of company stock worth $4,692,825 in the last quarter. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on QLYS shares. Canaccord Genuity Group lifted their price objective on shares of Qualys from $158.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Truist Financial restated a “hold” rating and issued a $130.00 target price (down previously from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Zacks Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Berenberg Bank initiated coverage on shares of Qualys in a report on Tuesday, November 18th. They set a “hold” rating and a $165.00 price target for the company. Finally, Robert W. Baird set a $150.00 price objective on Qualys in a report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $143.57.

Qualys Company Profile

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.