Cim LLC Has $1.08 Million Stock Position in Qualys, Inc. $QLYS

Cim LLC raised its stake in Qualys, Inc. (NASDAQ:QLYS) by 1.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,561 shares of the software maker’s stock after buying an additional 98 shares during the period. Cim LLC’s holdings in Qualys were worth $1,078,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its position in Qualys by 82.7% in the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock valued at $46,000 after buying an additional 167 shares in the last quarter. Manchester Capital Management LLC boosted its position in Qualys by 52.4% in the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock valued at $55,000 after buying an additional 150 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Qualys by 27.9% during the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker’s stock worth $63,000 after purchasing an additional 109 shares during the period. Quarry LP lifted its holdings in shares of Qualys by 154.9% during the first quarter. Quarry LP now owns 576 shares of the software maker’s stock worth $73,000 after purchasing an additional 350 shares during the period. Finally, Signaturefd LLC lifted its holdings in shares of Qualys by 96.4% during the first quarter. Signaturefd LLC now owns 601 shares of the software maker’s stock worth $76,000 after purchasing an additional 295 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Activity

In related news, Director John A. Zangardi sold 3,860 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $134.82, for a total value of $520,405.20. Following the transaction, the director owned 7,174 shares in the company, valued at $967,198.68. The trade was a 34.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sumedh S. Thakar sold 12,000 shares of the business’s stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $149.25, for a total transaction of $1,791,000.00. Following the completion of the transaction, the chief executive officer owned 217,962 shares in the company, valued at approximately $32,530,828.50. The trade was a 5.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,222 shares of company stock worth $7,252,957 in the last three months. Corporate insiders own 0.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on QLYS shares. Morgan Stanley lifted their price target on shares of Qualys from $90.00 to $97.00 and gave the stock an “underweight” rating in a report on Wednesday, August 6th. DA Davidson lifted their price target on shares of Qualys from $130.00 to $135.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Scotiabank lifted their price target on shares of Qualys from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 6th. Zacks Research upgraded shares of Qualys to a “strong-buy” rating in a report on Monday, August 11th. Finally, Wedbush lifted their price target on shares of Qualys from $145.00 to $155.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $141.00.

Qualys Stock Up 3.1%

QLYS stock opened at $135.65 on Friday. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of 27.08 and a beta of 0.65. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $170.00. The company’s fifty day simple moving average is $135.53 and its 200 day simple moving average is $132.93.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.21. The business had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. Qualys’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 earnings per share. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. Research analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current year.

About Qualys

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.