NewEdge Wealth LLC Purchases Shares of 19,946 Qualys, Inc. $QLYS

NewEdge Wealth LLC purchased a new position in shares of Qualys, Inc. (NASDAQ:QLYS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 19,946 shares of the software maker’s stock, valued at approximately $2,742,000.

Several other hedge funds also recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in shares of Qualys by 3,948.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock valued at $255,000 after acquiring an additional 1,974 shares during the period. Sivia Capital Partners LLC bought a new position in Qualys during the second quarter worth $292,000. Northwestern Mutual Wealth Management Co. grew its holdings in Qualys by 3,218.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after purchasing an additional 515 shares during the period. EverSource Wealth Advisors LLC increased its stake in Qualys by 482.0% in the second quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock valued at $92,000 after purchasing an additional 535 shares in the last quarter. Finally, Amundi increased its stake in Qualys by 47.1% in the second quarter. Amundi now owns 21,365 shares of the software maker’s stock valued at $3,076,000 after purchasing an additional 6,844 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In other news, CEO Sumedh S. Thakar sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $135.00, for a total value of $4,050,000.00. Following the transaction, the chief executive officer owned 196,686 shares in the company, valued at $26,552,610. This trade 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of Qualys stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $153.04, for a total value of $248,996.08. Following the transaction, the chief financial officer directly owned 75,743 shares in the company, valued at approximately $11,591,708.72. The trade was a 2.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 71,979 shares of company stock valued at $9,217,993. 0.72% of the stock is owned by company insiders.

Qualys Price Performance

Shares of NASDAQ QLYS opened at $182.21 on Friday. The company has a 50-day moving average price of $149.61 and a 200-day moving average price of $115.51. The stock has a market capitalization of $6.30 billion, a P/E ratio of 31.52 and a beta of 0.60. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $201.54.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, beating 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 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 quarter last year, the firm 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, equities research analysts anticipate that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on QLYS shares. Piper Sandler increased their price objective on shares of Qualys from $100.00 to $175.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. DA Davidson boosted their target price on Qualys from $135.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Truist Financial upped their price target on Qualys from $160.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. William Blair lowered Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Finally, Northland Securities set a $208.00 price objective on Qualys in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Qualys currently has a consensus rating of “Hold” and an average target price of $170.53.

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.