Park State Asset Management Invests $5.94 Million in Qualys, Inc. $QLYS

Park State Asset Management bought a new stake in Qualys, Inc. (NASDAQ:QLYS) in the second quarter, Holdings Channel.com reports. The institutional investor bought 43,215 shares of the software maker’s stock, valued at approximately $5,942,000. Qualys makes up approximately 5.8% of Park State Asset Management’s portfolio, making the stock its 6th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in QLYS. Sei Investments Co. increased its stake in Qualys by 28.8% during the 1st quarter. Sei Investments Co. now owns 47,295 shares of the software maker’s stock valued at $4,155,000 after purchasing an additional 10,569 shares in the last quarter. Quantinno Capital Management LP grew its holdings in shares of Qualys by 306.4% during the first quarter. Quantinno Capital Management LP now owns 36,253 shares of the software maker’s stock valued at $3,185,000 after buying an additional 27,333 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of Qualys by 63.5% during the second quarter. Handelsbanken Fonder AB now owns 17,251 shares of the software maker’s stock worth $2,372,000 after acquiring an additional 6,700 shares in the last quarter. Chase Investment Counsel Corp acquired a new stake in shares of Qualys in the 2nd quarter worth about $2,749,000. Finally, LGT Fund Management Co Ltd. bought a new position in Qualys in the 1st quarter valued at about $2,064,000. Institutional investors own 99.31% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on QLYS. JPMorgan Chase & Co. boosted their price objective on Qualys from $139.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Morgan Stanley upped their price target on Qualys from $115.00 to $130.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Robert W. Baird set a $160.00 price target on Qualys in a research report on Wednesday, August 5th. Northland Securities set a $208.00 price objective on Qualys in a research note on Wednesday, August 5th. Finally, TD Cowen lifted their price objective on shares of Qualys from $145.00 to $170.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $170.53.

Qualys Stock Up 2.5%

Qualys stock opened at $187.98 on Wednesday. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $201.54. The firm has a 50 day moving average price of $146.65 and a 200-day moving average price of $114.78. The company has a market capitalization of $6.50 billion, a P/E ratio of 32.52 and a beta of 0.60.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The company had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. During the same quarter in the previous year, the firm posted $1.68 EPS. Qualys’s revenue was up 11.1% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Equities analysts expect that Qualys, Inc. will post 5.85 EPS for the current fiscal year.

Insider Transactions at Qualys

In other news, Director Wendy Pfeiffer sold 500 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $158.19, for a total transaction of $79,095.00. Following the completion of the transaction, the director owned 12,210 shares in the company, valued at approximately $1,931,499.90. This represents a 3.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 882 shares of Qualys stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $158.17, for a total value of $139,505.94. Following the completion of the sale, the insider directly owned 62,689 shares of the company’s stock, valued at approximately $9,915,519.13. This trade represents a 1.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 71,979 shares of company stock valued at $9,217,993. Corporate insiders own 0.72% of the company’s stock.

About Qualys

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.