The Manufacturers Life Insurance Company Invests $4.60 Million in Qualys, Inc. $QLYS

The Manufacturers Life Insurance Company bought a new position in shares of Qualys, Inc. (NASDAQ:QLYSFree Report) in the second quarter, Holdings Channel reports. The firm bought 33,435 shares of the software maker’s stock, valued at approximately $4,597,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Root Financial Partners LLC raised 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 valued at $26,000 after buying an additional 200 shares during the period. Strive Financial Group LLC purchased a new stake in Qualys during the fourth quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. grew 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 buying an additional 143 shares during the period. Kilter Group LLC acquired a new stake in shares of Qualys in the second quarter worth $31,000. Finally, Employees Retirement System of Texas acquired a new stake in shares of Qualys in the fourth quarter worth $43,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Scotiabank lifted their target price on shares of Qualys from $190.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Piper Sandler increased their price target on Qualys from $100.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Robert W. Baird set a $160.00 price objective on Qualys in a research report on Wednesday, August 5th. Truist Financial boosted their price objective on Qualys from $160.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley upped their target price on Qualys from $115.00 to $130.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Two investment 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’s stock. According to data from MarketBeat.com, Qualys has a consensus rating of “Hold” and an average target price of $170.53.

View Our Latest Analysis on Qualys

Qualys Trading Down 0.5%

QLYS opened at $186.14 on Tuesday. The company has a fifty day simple moving average of $159.45 and a 200 day simple moving average of $118.49. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of 32.20 and a beta of 0.60. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $201.54.

Qualys (NASDAQ:QLYSGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, topping 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 net margin of 29.38% and a return on equity of 37.52%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.68 EPS. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. On average, analysts forecast that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Qualys news, CEO Sumedh S. Thakar sold 30,000 shares of Qualys stock in a transaction that occurred 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 sale, the chief executive officer directly owned 196,686 shares in the company, valued at $26,552,610. The trade was a 13.23% decrease in their position. The transaction was disclosed in a document filed 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, Director Thomas Berquist sold 939 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 6,781 shares in the company, valued at approximately $750,995.75. The trade was a 12.16% 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. Over the last three months, insiders sold 58,614 shares of company stock worth $7,747,968. Company insiders own 0.72% of the company’s stock.

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.

Recommended Stories

Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYSFree Report).

Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.