Federated Hermes Inc. Has $11.54 Million Stock Holdings in Qualys, Inc. $QLYS

Federated Hermes Inc. boosted its stake in Qualys, Inc. (NASDAQ:QLYS) by 26.3% in the third quarter, Holdings Channel reports. The institutional investor owned 87,217 shares of the software maker’s stock after acquiring an additional 18,164 shares during the quarter. Federated Hermes Inc.’s holdings in Qualys were worth $11,541,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of QLYS. Boston Trust Walden Corp raised its holdings in shares of Qualys by 0.7% during the third quarter. Boston Trust Walden Corp now owns 1,146,289 shares of the software maker’s stock worth $151,688,000 after acquiring an additional 8,425 shares in the last quarter. First Trust Advisors LP increased its position in Qualys by 4.1% in the 2nd quarter. First Trust Advisors LP now owns 1,115,717 shares of the software maker’s stock worth $159,402,000 after purchasing an additional 44,000 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Qualys by 6.7% during 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. AQR Capital Management LLC lifted its holdings in shares of Qualys by 46.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock valued at $144,133,000 after buying an additional 323,324 shares during the last quarter. Finally, Penserra Capital Management LLC grew its stake in shares of Qualys by 9.3% in the 2nd quarter. Penserra Capital Management LLC now owns 545,380 shares of the software maker’s stock valued at $77,918,000 after buying an additional 46,296 shares in the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Truist Financial reiterated a “hold” rating and issued a $130.00 target price (down from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Robert W. Baird set a $150.00 price objective on shares of Qualys in a research note on Wednesday, November 5th. UBS Group increased their target price on shares of Qualys from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Morgan Stanley reiterated an “underweight” rating and set a $117.00 price target on shares of Qualys in a research note on Thursday, December 18th. Finally, JPMorgan Chase & Co. increased their price objective on Qualys from $115.00 to $117.00 and gave the company an “underweight” rating in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $143.57.

Insider Buying and Selling at Qualys

In other Qualys news, CFO Joo Mi Kim sold 7,506 shares of Qualys stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $146.59, for a total transaction of $1,100,304.54. Following the sale, the chief financial officer owned 108,074 shares in the company, valued at $15,842,567.66. The trade was a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bruce K. Posey sold 3,077 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $145.99, for a total transaction of $449,211.23. Following the completion of the sale, the insider directly owned 71,776 shares in the company, valued at $10,478,578.24. This trade represents a 4.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 34,214 shares of company stock valued at $4,880,609 in the last quarter. Corporate insiders own 0.88% of the company’s stock.

Qualys Trading Down 0.2%

Shares of QLYS stock opened at $131.90 on Friday. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $155.47. The firm’s fifty day simple moving average is $138.60 and its 200 day simple moving average is $135.54. The firm has a market capitalization of $4.73 billion, a P/E ratio of 25.56 and a beta of 0.50.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.30. The company had revenue of $169.88 million for the quarter, compared to the consensus estimate of $166.30 million. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter 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. Equities research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Qualys 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.