NewEdge Wealth LLC Acquires 5,252 Shares of Qualys, Inc. $QLYS

NewEdge Wealth LLC boosted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 46.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 16,538 shares of the software maker’s stock after acquiring an additional 5,252 shares during the quarter. NewEdge Wealth LLC’s holdings in Qualys were worth $1,453,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QLYS. Chase Investment Counsel Corp bought a new position in shares of Qualys in the first quarter worth about $1,405,000. Dimensional Fund Advisors LP grew its holdings in shares of Qualys by 6.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 763,099 shares of the software maker’s stock valued at $67,041,000 after purchasing an additional 45,718 shares during the last quarter. KBC Group NV grew its holdings in shares of Qualys by 251.3% during the 1st quarter. KBC Group NV now owns 27,958 shares of the software maker’s stock valued at $2,456,000 after purchasing an additional 20,000 shares during the last quarter. Aurora Investment Counsel increased its position in Qualys by 3.7% during the 1st quarter. Aurora Investment Counsel now owns 19,142 shares of the software maker’s stock worth $1,682,000 after purchasing an additional 689 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in Qualys during the 1st quarter worth approximately $301,000. Institutional investors own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

QLYS has been the subject of several research reports. TD Cowen increased their price objective on shares of Qualys from $90.00 to $145.00 and gave the company a “hold” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. raised shares of Qualys from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $87.00 to $139.00 in a research note on Tuesday, June 30th. Piper Sandler lowered their price target on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. William Blair cut 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 report on Wednesday, May 6th. One research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $141.80.

Qualys Price Performance

Qualys stock opened at $137.48 on Monday. The business has a 50 day moving average of $125.13 and a 200-day moving average of $110.44. The company has a market capitalization of $4.84 billion, a P/E ratio of 24.68 and a beta of 0.61. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $167.86.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, topping the consensus estimate of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The business had revenue of $175.64 million for the quarter, compared to the consensus estimate of $173.63 million. During the same period last year, the company earned $1.67 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. Equities analysts anticipate that Qualys, Inc. will post 5.47 EPS for the current year.

Insider Buying and Selling at Qualys

In related news, Director Thomas Berquist sold 939 shares of the stock in a transaction on Friday, June 12th. The stock was 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 in the company, valued at $750,995.75. This represents a 12.16% decrease in their ownership of the stock. The transaction 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, CFO Joo Mi Kim sold 1,627 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $100.17, for a total value of $162,976.59. Following the completion of the sale, the chief financial officer owned 83,211 shares of the company’s stock, valued at $8,335,245.87. The trade was a 1.92% 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. Insiders sold a total of 73,846 shares of company stock worth $9,239,073 over the last ninety days. Insiders own 0.72% of the company’s stock.

Qualys 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.