Elevation Point Wealth Partners LLC Invests $333,000 in Qualys, Inc. $QLYS

Elevation Point Wealth Partners LLC acquired a new position in Qualys, Inc. (NASDAQ:QLYS) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,790 shares of the software maker’s stock, valued at approximately $333,000.

A number of other hedge funds also recently bought and sold shares of QLYS. Strive Financial Group LLC purchased a new position in Qualys in the fourth quarter worth about $27,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Qualys by 204.3% during the 4th 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. Allworth Financial LP lifted its stake in shares of Qualys by 86.8% in the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares during the period. Root Financial Partners LLC lifted its stake in shares of Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after purchasing an additional 200 shares during the period. Finally, Employees Retirement System of Texas bought a new position in shares of Qualys in the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on QLYS. Weiss Ratings upgraded shares of Qualys from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. TD Cowen reiterated a “hold” rating on shares of Qualys in a research note on Tuesday, April 14th. William Blair lowered Qualys from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Finally, Morgan Stanley set a $96.00 price objective on Qualys in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $132.29.

Qualys Trading Up 3.8%

Qualys stock opened at $159.39 on Friday. The firm has a 50 day moving average of $111.88 and a 200 day moving average of $109.32. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 28.62 and a beta of 0.61. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $164.17.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million for the quarter, compared to analysts’ expectations of $173.63 million. The firm’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last 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, analysts predict that Qualys, Inc. will post 5.47 EPS for the current year.

Insider Activity

In other Qualys news, CEO Sumedh S. Thakar sold 30,000 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $135.00, for a total value of $4,050,000.00. Following the completion of the sale, the chief executive officer owned 196,686 shares in the company, valued at approximately $26,552,610. This represents a 13.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 1,000 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $155.00, for a total value of $155,000.00. Following the completion of the sale, the insider owned 63,571 shares of the company’s stock, valued at $9,853,505. The trade was a 1.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 73,846 shares of company stock worth $9,239,073. 0.88% of the stock is currently owned by insiders.

Qualys Company 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.