Voya Investment Management LLC Lowers Position in Qualys, Inc. $QLYS

Voya Investment Management LLC lowered its stake in Qualys, Inc. (NASDAQ:QLYS) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 287,618 shares of the software maker’s stock after selling 3,581 shares during the quarter. Voya Investment Management LLC owned about 0.80% of Qualys worth $38,060,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in QLYS. AQR Capital Management LLC lifted its stake in shares of Qualys by 96.8% during the 1st quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker’s stock valued at $85,394,000 after buying an additional 338,702 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Qualys by 92.2% in the first 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 in the last quarter. Boston Trust Walden Corp boosted its position in shares of Qualys by 8.4% during the second quarter. Boston Trust Walden Corp now owns 1,137,864 shares of the software maker’s stock worth $162,567,000 after acquiring an additional 88,051 shares during the last quarter. Acadian Asset Management LLC increased 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 valued at $19,535,000 after acquiring an additional 68,632 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in Qualys by 6.7% in the 2nd quarter. Legal & General Group Plc now owns 1,051,673 shares of the software maker’s stock worth $150,253,000 after purchasing an additional 65,924 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Insider Transactions at Qualys

In related news, CFO Joo Mi Kim sold 7,506 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $146.59, for a total transaction of $1,100,304.54. Following the completion of the sale, the chief financial officer directly owned 108,074 shares in the company, valued at $15,842,567.66. This represents a 6.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $147.12, for a total transaction of $1,250,520.00. Following the completion of the sale, the chief executive officer owned 252,800 shares in the company, valued at $37,191,936. This represents a 3.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 32,635 shares of company stock valued at $4,610,890. Corporate insiders own 0.88% of the company’s stock.

Qualys Price Performance

Shares of QLYS opened at $142.76 on Friday. The firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 27.67 and a beta of 0.55. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $155.47. The company has a 50-day moving average of $138.92 and a 200 day moving average of $137.13.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.30. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The business had revenue of $169.88 million for the quarter, compared to analyst estimates of $166.30 million. During the same period last year, the company posted $1.56 earnings per share. The company’s quarterly 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. On average, equities analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Scotiabank reduced their price objective on Qualys from $150.00 to $139.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 5th. Wall Street Zen upgraded shares of Qualys from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Canaccord Genuity Group lifted their price target on Qualys from $158.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Morgan Stanley restated an “underweight” rating and set a $117.00 price objective on shares of Qualys in a research report on Thursday. Finally, Robert W. Baird set a $150.00 target price on Qualys in a research 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.com, Qualys has a consensus rating of “Hold” and a consensus target price of $143.57.

About Qualys

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.