Chase Investment Counsel Corp Purchases Shares of 20,000 Qualys, Inc. $QLYS

Chase Investment Counsel Corp bought a new position in Qualys, Inc. (NASDAQ:QLYS) in the second quarter, HoldingsChannel.com reports. The firm bought 20,000 shares of the software maker’s stock, valued at approximately $2,749,000.

Other institutional investors have also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Qualys in the fourth quarter valued at approximately $78,591,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Qualys by 127.0% during the 1st 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. Alyeska Investment Group L.P. acquired a new position in shares of Qualys during the 3rd quarter worth about $45,854,000. AQR Capital Management LLC grew 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 valued at $144,133,000 after acquiring an additional 323,324 shares in the last quarter. Finally, Clark Capital Management Group Inc. increased its position in shares of Qualys by 402.2% during the 4th quarter. Clark Capital Management Group Inc. now owns 363,593 shares of the software maker’s stock worth $48,322,000 after purchasing an additional 291,192 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

NASDAQ:QLYS opened at $186.05 on Monday. Qualys, Inc. has a 52 week low of $74.51 and a 52 week high of $201.54. The firm’s 50-day simple moving average is $143.63 and its 200 day simple moving average is $114.03. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of 32.19 and a beta of 0.60.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Piper Sandler upped their target price on shares of Qualys from $100.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Wedbush decreased their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. JPMorgan Chase & Co. raised their price objective on shares of Qualys from $139.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Northland Securities set a $208.00 price objective on Qualys in a report on Wednesday, August 5th. Finally, Zacks Research raised Qualys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $170.53.

Insider Activity

In related news, insider Bruce K. Posey sold 2,384 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $100.18, for a total transaction of $238,829.12. Following the completion of the sale, the insider directly owned 66,301 shares in the company, valued at $6,642,034.18. This represents a 3.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 dated Tuesday, May 19th. The stock was sold at an average price of $100.17, for a total transaction of $162,976.59. Following the completion of the transaction, the chief financial officer directly owned 83,211 shares of the company’s stock, valued at $8,335,245.87. This trade represents a 1.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 76,855 shares of company stock worth $9,706,670. 0.72% of the stock is currently owned by corporate insiders.

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.