VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,745 shares of the software maker’s stock, valued at approximately $2,852,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.06% of Qualys at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Qualys during the 2nd quarter worth about $792,316,000. California State Teachers Retirement System grew its holdings in Qualys by 13,255.9% during the second quarter. California State Teachers Retirement System now owns 5,651,801 shares of the software maker’s stock worth $777,066,000 after purchasing an additional 5,609,484 shares during the period. Legal & General Group Plc bought a new position in Qualys during the second quarter worth about $197,624,000. Fuller & Thaler Asset Management Inc. acquired a new position in Qualys during the fourth quarter worth approximately $78,591,000. Finally, Arrowstreet Capital Limited Partnership increased its position in Qualys by 127.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock worth $73,161,000 after buying an additional 465,952 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.
Wall Street Analyst Weigh In
QLYS has been the subject of a number of recent analyst reports. DA Davidson raised their price objective on Qualys from $135.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. TD Cowen boosted their target price on Qualys from $145.00 to $170.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Robert W. Baird set a $160.00 price target on Qualys in a research note on Wednesday, August 5th. Morgan Stanley raised their price target on Qualys from $115.00 to $130.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. Finally, Piper Sandler raised 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. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Qualys has an average rating of “Hold” and an average price target of $173.87.
Insider Buying and Selling at Qualys
In other news, insider Bruce K. Posey sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $155.00, for a total transaction of $155,000.00. Following the transaction, the insider directly owned 63,571 shares of the company’s stock, valued at approximately $9,853,505. This trade represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh Thakar sold 30,000 shares of Qualys 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 of the company’s stock, valued at approximately $26,552,610. The trade was a 13.23% decrease in their ownership of the stock. 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 quarter, insiders have sold 57,205 shares of company stock worth $7,592,800. 0.72% of the stock is currently owned by company insiders.
Qualys Trading Down 5.1%
Shares of NASDAQ QLYS opened at $161.57 on Friday. The firm has a market cap of $5.59 billion, a P/E ratio of 27.95 and a beta of 0.62. The business’s 50 day moving average is $166.31 and its 200-day moving average is $122.28. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $201.54.
Qualys (NASDAQ:QLYS – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 37.52% and a net margin of 29.38%.The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the company 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. Analysts forecast that Qualys, Inc. will post 5.85 EPS for the current year.
Qualys Profile
Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.
The company’s offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.
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