NewEdge Wealth LLC Makes New Investment in Qualys, Inc. $QLYS

NewEdge Wealth LLC purchased a new position in shares of Qualys, Inc. (NASDAQ:QLYS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,946 shares of the software maker’s stock, valued at approximately $2,742,000. NewEdge Wealth LLC owned approximately 0.06% of Qualys as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC grew its position in 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 during the last quarter. Strive Financial Group LLC bought a new position in Qualys in the fourth quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. raised its position in Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Qualys during the fourth quarter valued at about $43,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of Qualys by 37,400.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 375 shares of the software maker’s stock valued at $50,000 after purchasing an additional 374 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Canaccord Genuity Group set a $190.00 price objective on Qualys in a research note on Wednesday, August 5th. DA Davidson lifted their target price on shares of Qualys from $135.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. William Blair lowered shares of Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Wedbush decreased their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Finally, TD Cowen raised their price target on shares of Qualys from $145.00 to $170.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $170.53.

Qualys Price Performance

Shares of QLYS opened at $182.21 on Friday. The business has a 50-day moving average of $149.61 and a 200-day moving average of $115.51. The company has a market capitalization of $6.30 billion, a price-to-earnings ratio of 31.52 and a beta of 0.60. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $201.54.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating the consensus estimate of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The business had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. During the same period in the prior year, the business posted $1.68 earnings per share. The firm’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. As a group, sell-side analysts anticipate that Qualys, Inc. will post 5.85 EPS for the current year.

Insider Activity

In other news, Director Wendy Pfeiffer sold 500 shares of the stock in a transaction 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 completion of the sale, the director directly owned 12,210 shares in the company, valued at $1,931,499.90. This represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 30,000 shares of Qualys stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the transaction, the chief executive officer directly owned 196,686 shares of the company’s stock, valued at $26,552,610. This represents a 13.23% 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. In the last 90 days, insiders sold 71,979 shares of company stock valued at $9,217,993. Company insiders own 0.72% of the company’s stock.

Qualys Profile

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.