7,118 Shares in Qualys, Inc. $QLYS Acquired by Empowered Funds LLC

Empowered Funds LLC purchased a new stake in Qualys, Inc. (NASDAQ:QLYS) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 7,118 shares of the software maker’s stock, valued at approximately $979,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sei Investments Co. raised its holdings in shares of Qualys by 28.8% during the first quarter. Sei Investments Co. now owns 47,295 shares of the software maker’s stock valued at $4,155,000 after purchasing an additional 10,569 shares during the period. Quantinno Capital Management LP increased its position in Qualys by 306.4% in the 1st quarter. Quantinno Capital Management LP now owns 36,253 shares of the software maker’s stock valued at $3,185,000 after buying an additional 27,333 shares in the last quarter. Handelsbanken Fonder AB increased its position in Qualys by 63.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 17,251 shares of the software maker’s stock valued at $2,372,000 after buying an additional 6,700 shares in the last quarter. Park State Asset Management acquired a new position in Qualys during the 2nd quarter worth approximately $5,942,000. Finally, Chase Investment Counsel Corp bought a new position in Qualys in the second quarter worth approximately $2,749,000. 99.31% of the stock is currently owned by institutional investors.

Qualys Stock Performance

Shares of QLYS stock opened at $171.65 on Friday. The company has a 50-day simple moving average of $163.98 and a two-hundred day simple moving average of $120.27. The company has a market capitalization of $5.94 billion, a price-to-earnings ratio of 29.70 and a beta of 0.62. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $201.54.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.20. The business had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, sell-side analysts forecast that Qualys, Inc. will post 5.85 EPS for the current fiscal year.

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 30,000 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the sale, the chief executive officer directly owned 196,686 shares of the company’s stock, valued at $26,552,610. This represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $153.04, for a total transaction of $248,996.08. Following the sale, the chief financial officer owned 75,743 shares in the company, valued at $11,591,708.72. The trade was a 2.10% 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 quarter, insiders sold 58,614 shares of company stock worth $7,747,968. Company insiders own 0.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on QLYS. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Canaccord Genuity Group set a $190.00 price target on shares of Qualys in a research note on Wednesday, August 5th. Morgan Stanley raised their price objective on shares of Qualys from $115.00 to $130.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. TD Cowen boosted their target price on shares of Qualys from $145.00 to $170.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Finally, Zacks Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a 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 data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $170.53.

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.