VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Qualys, Inc. (NASDAQ:QLYS – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,745 shares of the software maker’s stock, valued at approximately $2,852,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC boosted its position in shares of Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after acquiring an additional 200 shares in the last quarter. Strive Financial Group LLC acquired a new position in Qualys during the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. lifted its stake in Qualys by 204.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock worth $28,000 after purchasing an additional 143 shares during the last quarter. Kilter Group LLC bought a new stake in Qualys during the second quarter worth $31,000. Finally, Continuum Advisory LLC acquired a new stake in shares of Qualys in the 2nd quarter valued at $33,000. Institutional investors own 99.31% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Morgan Stanley lifted their price target on Qualys from $115.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on Qualys from $145.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Truist Financial raised their price objective on Qualys from $160.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded Qualys from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 24th. Finally, Canaccord Genuity Group set a $190.00 target price on Qualys in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Qualys currently has an average rating of “Hold” and an average target price of $173.87.
Qualys Stock Down 5.1%
Shares of QLYS stock opened at $161.57 on Friday. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $201.54. The stock’s fifty day simple moving average is $166.31 and its 200 day simple moving average is $122.28. The firm has a market capitalization of $5.59 billion, a P/E ratio of 27.95 and a beta of 0.62.
Qualys (NASDAQ:QLYS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.20. The firm had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $1.68 earnings per share. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. As a group, equities research analysts expect that Qualys, Inc. will post 5.85 EPS for the current fiscal year.
Insider Buying and Selling at Qualys
In other Qualys news, Director Wendy Pfeiffer sold 500 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $158.19, for a total transaction of $79,095.00. Following the sale, the director directly owned 12,210 shares of the company’s stock, valued at $1,931,499.90. The trade was a 3.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $153.04, for a total transaction of $248,996.08. Following the transaction, the chief financial officer directly owned 75,743 shares of the company’s stock, valued at $11,591,708.72. The trade was a 2.10% 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. Insiders have sold 57,205 shares of company stock valued at $7,592,800 in the last quarter. 0.72% of the stock is currently owned by corporate insiders.
Qualys Profile
Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.
The company’s offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.
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