Grandeur Peak Global Advisors LLC Has $5.91 Million Stake in Qualys, Inc. $QLYS

Grandeur Peak Global Advisors LLC trimmed its stake in Qualys, Inc. (NASDAQ:QLYS) by 2.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,365 shares of the software maker’s stock after selling 1,006 shares during the period. Grandeur Peak Global Advisors LLC owned 0.11% of Qualys worth $5,910,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of Qualys by 96.8% in the first quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker’s stock valued at $85,394,000 after purchasing an additional 338,702 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Qualys by 92.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 643,238 shares of the software maker’s stock worth $81,003,000 after buying an additional 308,635 shares during the period. Nuveen LLC bought a new stake in shares of Qualys during the 1st quarter worth $13,291,000. Boston Trust Walden Corp grew its stake in Qualys by 8.4% in the 2nd quarter. Boston Trust Walden Corp now owns 1,137,864 shares of the software maker’s stock valued at $162,567,000 after buying an additional 88,051 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in Qualys by 100.6% in the 2nd quarter. Acadian Asset Management LLC now owns 136,835 shares of the software maker’s stock worth $19,535,000 after acquiring an additional 68,632 shares during the period. Institutional investors own 99.31% of the company’s stock.

Insiders Place Their Bets

In other Qualys news, CEO Sumedh S. Thakar sold 2,200 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $155.04, for a total value of $341,088.00. Following the sale, the chief executive officer owned 256,800 shares of the company’s stock, valued at $39,814,272. The trade was a 0.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Bruce K. Posey sold 540 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $127.12, for a total transaction of $68,644.80. Following the transaction, the insider directly owned 56,775 shares of the company’s stock, valued at $7,217,238. The trade was a 0.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,896 shares of company stock worth $2,900,790 over the last 90 days. Corporate insiders own 0.88% of the company’s stock.

Qualys Stock Down 0.4%

Shares of QLYS opened at $141.11 on Friday. The stock’s 50-day moving average price is $134.52 and its 200 day moving average price is $136.09. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 28.17 and a beta of 0.58. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $159.73.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.30. The company had revenue of $169.88 million during the quarter, compared to the consensus estimate of $166.30 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $1.56 EPS. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS. Q4 2025 guidance at 1.730-1.800 EPS. Equities research analysts expect that Qualys, Inc. will post 3.85 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Berenberg Bank assumed 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. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. JPMorgan Chase & Co. increased their target price on Qualys from $115.00 to $117.00 and gave the company an “underweight” rating in a research note on Wednesday, November 5th. Canaccord Genuity Group raised their target price on Qualys from $158.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Northland Capmk raised Qualys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $142.14.

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.