Qualys, Inc. $QLYS Shares Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 27.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,400 shares of the software maker’s stock after buying an additional 4,000 shares during the quarter. KLP Kapitalforvaltning AS owned about 0.05% of Qualys worth $2,435,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Qualys during the 2nd quarter valued at about $44,000. Parallel Advisors LLC lifted its holdings in shares of Qualys by 82.0% during the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock worth $69,000 after purchasing an additional 218 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Qualys in the second quarter valued at approximately $73,000. Northwestern Mutual Wealth Management Co. increased its holdings in Qualys by 3,218.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after buying an additional 515 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in Qualys by 482.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock worth $92,000 after buying an additional 535 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

QLYS has been the topic of a number of research reports. UBS Group increased their price objective on shares of Qualys from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Qualys in a research report on Monday, December 29th. Morgan Stanley restated an “underweight” rating and set a $117.00 target price on shares of Qualys in a research report on Thursday, December 18th. Truist Financial restated a “hold” rating and issued a $130.00 price target (down previously from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Finally, Northland Capmk upgraded Qualys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. One 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $143.57.

Qualys Trading Down 0.2%

Shares of Qualys stock opened at $133.15 on Friday. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $155.47. The firm has a market capitalization of $4.77 billion, a PE ratio of 25.80 and a beta of 0.50. The firm’s 50-day moving average price is $141.36 and its 200 day moving average price is $136.66.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, topping the consensus estimate of $1.56 by $0.30. The company had revenue of $169.88 million during the quarter, compared to analyst estimates of $166.30 million. Qualys had a return on equity of 37.40% and a net margin of 28.96%.Qualys’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.56 EPS. 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, sell-side analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 3,077 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $145.99, for a total value of $449,211.23. Following the transaction, the insider owned 71,776 shares in the company, valued at approximately $10,478,578.24. This trade represents a 4.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 8,500 shares of Qualys stock in a transaction on Monday, December 15th. The stock was sold at an average price of $147.12, for a total transaction of $1,250,520.00. Following the sale, the chief executive officer directly owned 252,800 shares in the company, valued at approximately $37,191,936. This trade represents a 3.25% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 37,153 shares of company stock valued at $5,212,718. 0.88% of the stock is owned by insiders.

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.