BI Asset Management Fondsmaeglerselskab A S lifted its holdings in Qualys, Inc. (NASDAQ:QLYS – Free Report) by 77.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,973 shares of the software maker’s stock after purchasing an additional 27,484 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Qualys were worth $5,532,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. lifted its position in Qualys by 4.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock valued at $264,000 after purchasing an additional 81 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Qualys by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock worth $665,000 after buying an additional 88 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after buying an additional 90 shares during the last quarter. Covestor Ltd increased its holdings in shares of Qualys by 9.1% in the 4th quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock worth $156,000 after buying an additional 98 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Qualys by 8.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker’s stock valued at $164,000 after buying an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on QLYS shares. Morgan Stanley set a $96.00 price target on shares of Qualys in a report on Wednesday, May 6th. Piper Sandler lowered their price objective on Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. JPMorgan Chase & Co. dropped their target price on Qualys from $113.00 to $87.00 and set an “underweight” rating for the company in a report on Wednesday, May 6th. Scotiabank decreased their price target on Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Finally, Wedbush lowered their price target on Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $122.14.
Qualys Price Performance
Shares of QLYS opened at $108.51 on Tuesday. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 19.48 and a beta of 0.65. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $155.47. The company has a 50-day moving average of $97.64 and a 200 day moving average of $110.14.
Qualys (NASDAQ:QLYS – Get Free Report) last issued its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.67 EPS. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. On average, equities analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Thomas Berquist sold 939 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $110.75, for a total value of $103,994.25. Following the completion of the sale, the director directly owned 6,781 shares of the company’s stock, valued at $750,995.75. This represents a 12.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,031 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $111.67, for a total transaction of $115,131.77. Following the transaction, the chief financial officer owned 82,180 shares in the company, valued at approximately $9,177,040.60. The trade was a 1.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 20,516 shares of company stock valued at $2,273,413 over the last quarter. 1.00% of the stock is owned by company insiders.
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.
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