Tributary Capital Management LLC Acquires 4,448 Shares of Qualys, Inc. $QLYS

Tributary Capital Management LLC grew its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 64.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,402 shares of the software maker’s stock after purchasing an additional 4,448 shares during the quarter. Tributary Capital Management LLC’s holdings in Qualys were worth $1,509,000 at the end of the most recent quarter.

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

Qualys Stock Up 1.4%

Shares of Qualys stock opened at $131.86 on Thursday. The company has a market cap of $4.73 billion, a P/E ratio of 25.55 and a beta of 0.50. The firm’s 50 day moving average price is $140.97 and its 200-day moving average price is $136.76. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $155.47.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $166.30 million. During the same period last year, the firm earned $1.56 earnings per share. Qualys’s revenue 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. As a group, equities research analysts forecast that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

QLYS has been the topic of several research reports. Northland Securities set a $162.00 price objective on Qualys in a report on Wednesday, November 5th. UBS Group increased their price target on Qualys from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Zacks Research downgraded Qualys from a “strong-buy” rating to a “hold” rating in a report on Monday. Canaccord Genuity Group increased their target price on shares of Qualys from $158.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Morgan Stanley restated an “underweight” rating and issued a $117.00 price target on shares of Qualys in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $143.57.

Insider Buying and Selling at Qualys

In other news, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction dated 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 owned 252,800 shares in the company, valued at approximately $37,191,936. The trade was a 3.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bruce K. Posey sold 1,077 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $142.46, for a total transaction of $153,429.42. Following the transaction, the insider owned 69,699 shares in the company, valued at $9,929,319.54. The trade was a 1.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 37,153 shares of company stock worth $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.