Voya Investment Management LLC Decreases Stake in Qualys, Inc. $QLYS

Voya Investment Management LLC trimmed its position in Qualys, Inc. (NASDAQ:QLYS) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 287,618 shares of the software maker’s stock after selling 3,581 shares during the period. Voya Investment Management LLC’s holdings in Qualys were worth $38,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of 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. acquired a new position in shares of Qualys in the second quarter valued at about $44,000. Parallel Advisors LLC boosted its holdings 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 acquiring an additional 218 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Qualys in the second quarter worth $73,000. Northwestern Mutual Wealth Management Co. lifted its position in Qualys by 3,218.8% during 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, Quarry LP boosted its holdings in Qualys by 154.9% in the first 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. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on QLYS. UBS Group lifted their price objective on Qualys from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Northland Capmk upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualys in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on Qualys from $115.00 to $117.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 5th. Finally, Zacks Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $143.57.

Qualys Trading Down 0.1%

Qualys stock opened at $142.76 on Friday. The firm has a market capitalization of $5.12 billion, a P/E ratio of 27.67 and a beta of 0.55. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $155.47. The stock’s fifty day simple moving average is $138.92 and its 200-day simple moving average is $137.13.

Qualys (NASDAQ:QLYS) last released its earnings results 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 firm had revenue of $169.88 million during the quarter, compared to analysts’ expectations of $166.30 million. Qualys had a return on equity of 37.40% and a net margin of 28.96%.Qualys’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Sell-side analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current year.

Insider Buying and Selling

In other Qualys news, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 252,800 shares in the company, valued at $37,191,936. The trade was a 3.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Bruce K. Posey sold 3,077 shares of Qualys stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $145.99, for a total transaction of $449,211.23. Following the sale, the insider directly owned 71,776 shares of the company’s stock, valued at approximately $10,478,578.24. This trade represents a 4.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,635 shares of company stock worth $4,610,890 over the last 90 days. 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.