Van Hulzen Asset Management LLC Purchases New Shares in Qualys, Inc. $QLYS

Van Hulzen Asset Management LLC acquired a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) in the 2nd quarter, Holdings Channel reports. The firm acquired 27,342 shares of the software maker’s stock, valued at approximately $3,759,000.

A number of other large investors have also recently made changes to their positions in QLYS. BlackRock Inc. purchased a new position in Qualys in the second quarter worth about $792,316,000. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Qualys in the 4th quarter valued at approximately $78,591,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Qualys by 127.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock valued at $73,161,000 after purchasing an additional 465,952 shares during the last quarter. Alyeska Investment Group L.P. purchased a new position in shares of Qualys in the 3rd quarter worth approximately $45,854,000. Finally, AQR Capital Management LLC boosted its holdings in shares of Qualys by 46.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock worth $144,133,000 after purchasing an additional 323,324 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Qualys Stock Down 1.9%

QLYS opened at $178.46 on Tuesday. The business has a fifty day moving average of $152.30 and a 200 day moving average of $116.20. The stock has a market cap of $6.17 billion, a P/E ratio of 30.88 and a beta of 0.60. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $201.54.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The business had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. During the same quarter last year, the firm posted $1.68 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Equities analysts anticipate that Qualys, Inc. will post 5.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on QLYS shares. Scotiabank increased their price target on Qualys from $190.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. 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 research note on Wednesday, August 5th. Canaccord Genuity Group set a $190.00 price objective on shares of Qualys in a research report on Wednesday, August 5th. Zacks Research raised shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, Truist Financial increased their target price on shares of Qualys from $160.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $170.53.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 1,000 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $155.00, for a total value of $155,000.00. Following the completion of the sale, the insider directly owned 63,571 shares of the company’s stock, valued at $9,853,505. The trade was a 1.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 30,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 196,686 shares in the company, valued at $26,552,610. This represents a 13.23% 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 quarter, insiders sold 72,845 shares of company stock worth $9,377,536. 0.72% of the stock is currently owned by corporate insiders.

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.