Paralel Advisors LLC Makes New Investment in Qualys, Inc. $QLYS

Paralel Advisors LLC acquired a new stake in Qualys, Inc. (NASDAQ:QLYSFree Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 26,294 shares of the software maker’s stock, valued at approximately $3,615,000. Qualys accounts for 0.1% of Paralel Advisors LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. Root Financial Partners LLC boosted its holdings in Qualys by 206.2% in the first 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 bought a new stake in Qualys during the fourth quarter worth $27,000. Northwestern Mutual Wealth Management Co. raised its position in Qualys by 204.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after buying an additional 143 shares during the last quarter. Kilter Group LLC purchased a new stake in Qualys in the 2nd quarter valued at $31,000. Finally, Employees Retirement System of Texas bought a new position in Qualys during the 4th quarter valued at $43,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on QLYS. Piper Sandler lifted their price objective on shares of Qualys from $100.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Northland Securities set a $208.00 target price on shares of Qualys in a report on Wednesday, August 5th. JPMorgan Chase & Co. raised their price target on shares of Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Wedbush cut their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Finally, Zacks Research raised shares of Qualys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Qualys has a consensus rating of “Hold” and an average target price of $170.53.

Check Out Our Latest Research Report on QLYS

Qualys Stock Performance

Shares of NASDAQ:QLYS opened at $182.21 on Friday. The company’s 50-day moving average is $149.61 and its 200 day moving average is $115.51. The company has a market capitalization of $6.30 billion, a P/E ratio of 31.52 and a beta of 0.60. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $201.54.

Qualys (NASDAQ:QLYSGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. The business had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the company 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, research analysts predict that Qualys, Inc. will post 5.85 earnings per share for the current year.

Insider Activity at Qualys

In other news, CEO Sumedh S. Thakar sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the completion of the sale, the chief executive officer owned 196,686 shares in the company, valued at $26,552,610. This trade represents a 13.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 1,000 shares of Qualys stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $155.00, for a total transaction of $155,000.00. Following the completion of the sale, the insider directly owned 63,571 shares in the company, valued at $9,853,505. This trade represents a 1.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,979 shares of company stock valued at $9,217,993 over the last quarter. 0.72% of the stock is currently owned by insiders.

Qualys Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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