Leuthold Group LLC Sells 398 Shares of Qualys, Inc. $QLYS

Leuthold Group LLC lowered its stake in Qualys, Inc. (NASDAQ:QLYS) by 1.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,410 shares of the software maker’s stock after selling 398 shares during the quarter. Leuthold Group LLC owned about 0.06% of Qualys worth $3,345,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in shares of Qualys by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 382,100 shares of the software maker’s stock valued at $54,591,000 after purchasing an additional 10,359 shares during the period. Acadian Asset Management LLC lifted its stake in Qualys by 100.6% in the second quarter. Acadian Asset Management LLC now owns 136,835 shares of the software maker’s stock valued at $19,535,000 after buying an additional 68,632 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of Qualys by 9.3% in the second 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 during the period. Willis Investment Counsel increased its position in shares of Qualys by 68.8% during the second quarter. Willis Investment Counsel now owns 23,611 shares of the software maker’s stock worth $3,373,000 after acquiring an additional 9,626 shares in the last quarter. Finally, denkapparat Operations GmbH bought a new stake in Qualys in the 2nd quarter valued at $300,000. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In related news, CFO Joo Mi Kim sold 787 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $129.17, for a total transaction of $101,656.79. Following the sale, the chief financial officer owned 92,864 shares in the company, valued at approximately $11,995,242.88. This trade represents a 0.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 2,200 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $155.04, for a total transaction of $341,088.00. Following the transaction, the chief executive officer owned 256,800 shares of the company’s stock, valued at approximately $39,814,272. This represents a 0.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,896 shares of company stock valued at $2,900,790 over the last quarter. 0.88% of the stock is owned by company insiders.

Qualys Trading Down 0.4%

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

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.30. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The business had revenue of $169.88 million during the quarter, compared to analysts’ expectations of $166.30 million. During the same period in the previous year, the company posted $1.56 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. 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 predict that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Berenberg Bank initiated coverage on Qualys in a report on Tuesday, November 18th. They issued a “hold” rating and a $165.00 price target on the stock. Truist Financial restated a “hold” rating and set a $130.00 price objective (down from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Morgan Stanley upped their price objective on Qualys from $90.00 to $97.00 and gave the company an “underweight” rating in a research note on Wednesday, August 6th. Canaccord Genuity Group raised their price target on Qualys from $158.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, DA Davidson increased their price objective on shares of Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $142.14.

Qualys Profile

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.