XTX Topco Ltd Acquires 1,065 Shares of Qualys, Inc. (NASDAQ:QLYS)

XTX Topco Ltd raised its stake in Qualys, Inc. (NASDAQ:QLYS) by 38.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,824 shares of the software maker’s stock after acquiring an additional 1,065 shares during the period. XTX Topco Ltd’s holdings in Qualys were worth $545,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Rise Advisors LLC purchased a new stake in Qualys during the first quarter valued at $26,000. Sound Income Strategies LLC lifted its stake in Qualys by 545.2% in the first quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock worth $33,000 after purchasing an additional 169 shares during the last quarter. DecisionPoint Financial LLC bought a new stake in shares of Qualys during the 1st quarter worth approximately $34,000. First Horizon Advisors Inc. lifted its position in shares of Qualys by 294.7% during the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock worth $32,000 after purchasing an additional 168 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Qualys by 149.0% during the 2nd quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after buying an additional 143 shares in the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. TD Cowen lowered their target price on Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, August 7th. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a research report on Wednesday, August 7th. Westpark Capital reiterated a “hold” rating on shares of Qualys in a research note on Monday, August 5th. Royal Bank of Canada dropped their price target on Qualys from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Finally, Piper Sandler cut their price objective on shares of Qualys from $116.00 to $115.00 and set an “underweight” rating on the stock in a research note on Wednesday, August 7th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $147.83.

Qualys Stock Performance

Qualys stock opened at $127.01 on Tuesday. The company’s fifty day moving average price is $130.33 and its 200 day moving average price is $145.31. Qualys, Inc. has a 1 year low of $119.32 and a 1 year high of $206.35. The stock has a market capitalization of $4.69 billion, a P/E ratio of 29.40 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.20. The firm had revenue of $148.70 million for the quarter, compared to analyst estimates of $148.80 million. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The business’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.95 earnings per share. Sell-side analysts predict that Qualys, Inc. will post 3.94 EPS for the current year.

Insiders Place Their Bets

In other Qualys news, CFO Joo Mi Kim sold 634 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $144.75, for a total value of $91,771.50. Following the completion of the sale, the chief financial officer now directly owns 90,745 shares of the company’s stock, valued at approximately $13,135,338.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Qualys news, CFO Joo Mi Kim sold 634 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $144.75, for a total transaction of $91,771.50. Following the completion of the sale, the chief financial officer now owns 90,745 shares of the company’s stock, valued at $13,135,338.75. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Bruce K. Posey sold 1,339 shares of the business’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $143.35, for a total transaction of $191,945.65. Following the completion of the sale, the insider now owns 58,947 shares in the company, valued at $8,450,052.45. The disclosure for this sale can be found here. Insiders have sold 11,535 shares of company stock valued at $1,609,023 in the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

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.