RFG Advisory LLC Purchases New Stake in Qualys, Inc. $QLYS

RFG Advisory LLC acquired a new position in shares of Qualys, Inc. (NASDAQ:QLYS) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 12,934 shares of the software maker’s stock, valued at approximately $1,778,000.

Other large investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. boosted its position in shares of Qualys by 4.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock worth $264,000 after purchasing an additional 81 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Qualys by 1.8% in the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock valued at $665,000 after purchasing an additional 88 shares during the period. Captrust Financial Advisors boosted its position in Qualys by 4.6% during the second quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after purchasing an additional 90 shares in the last quarter. Covestor Ltd increased its position in shares of Qualys by 9.1% in the fourth quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock valued at $156,000 after buying an additional 98 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Qualys by 8.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker’s stock worth $164,000 after buying an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Joo Mi Kim sold 1,627 shares of Qualys stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $153.04, for a total value of $248,996.08. Following the completion of the sale, the chief financial officer owned 75,743 shares of the company’s stock, valued at $11,591,708.72. The trade was a 2.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce Posey sold 1,000 shares of the company’s stock in a transaction on 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 transaction, the insider owned 63,571 shares of the company’s stock, valued at $9,853,505. The trade was a 1.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 57,205 shares of company stock valued at $7,592,800. Insiders own 0.72% of the company’s stock.

Qualys Trading Down 7.0%

Shares of QLYS stock opened at $150.28 on Friday. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 26.00 and a beta of 0.62. The firm has a 50-day moving average price of $166.35 and a 200 day moving average price of $122.47. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $201.54.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.20. The company had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, research analysts predict that Qualys, Inc. will post 5.85 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on QLYS shares. Robert W. Baird set a $160.00 price objective on shares of Qualys in a research report on Wednesday, August 5th. Truist Financial lifted their target price on shares of Qualys from $160.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Piper Sandler upped their price target on shares of Qualys from $100.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Scotiabank increased their price target on shares of Qualys from $190.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Wedbush cut shares of Qualys from an “outperform” rating to a “neutral” rating and set a $175.00 price objective for the company. in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Qualys presently has a consensus rating of “Hold” and a consensus target price of $173.87.

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.