Park State Asset Management Boosts Stake in Qualys, Inc. $QLYS

Park State Asset Management lifted its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 18.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 58,123 shares of the software maker’s stock after purchasing an additional 9,212 shares during the quarter. Qualys accounts for approximately 3.9% of Park State Asset Management’s investment portfolio, making the stock its 12th biggest holding. Park State Asset Management’s holdings in Qualys were worth $5,106,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Strive Financial Group LLC purchased a new position in Qualys in the 4th quarter worth $27,000. Northwestern Mutual Wealth Management Co. grew its stake in 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. Root Financial Partners LLC grew its stake in Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Employees Retirement System of Texas acquired a new position in shares of Qualys in the fourth quarter valued at about $43,000. Finally, Richardson Financial Services Inc. increased its holdings in shares of Qualys by 127.0% in the fourth quarter. Richardson Financial Services Inc. now owns 345 shares of the software maker’s stock valued at $46,000 after purchasing an additional 193 shares during the period. 99.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Scotiabank raised Qualys from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $100.00 to $190.00 in a report on Monday, July 6th. Wall Street Zen downgraded shares of Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Morgan Stanley set a $96.00 price target on shares of Qualys in a research report on Wednesday, May 6th. Wedbush dropped their price objective 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, Piper Sandler cut their price objective on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $142.53.

Insider Activity

In related news, Director Thomas Berquist sold 939 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $110.75, for a total transaction of $103,994.25. Following the sale, the director directly owned 6,781 shares of the company’s stock, valued at approximately $750,995.75. This represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a filing 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 2,384 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $100.18, for a total transaction of $238,829.12. Following the sale, the insider owned 66,301 shares in the company, valued at approximately $6,642,034.18. This represents a 3.47% decrease in their position. 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 90 days, insiders have sold 75,228 shares of company stock valued at $9,457,674. 0.72% of the stock is currently owned by company insiders.

Qualys Stock Up 4.9%

Qualys stock opened at $141.71 on Friday. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 25.44 and a beta of 0.61. Qualys, Inc. has a 52 week low of $74.51 and a 52 week high of $167.86. The business’s 50-day moving average price is $128.09 and its 200 day moving average price is $110.58.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The company had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. During the same period in the previous year, the company posted $1.67 earnings per share. Qualys’s revenue for the quarter was up 9.8% on a year-over-year basis. 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 expect that Qualys, Inc. will post 5.47 EPS for the current year.

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.