Wellington Management Group LLP Takes Position in Qualys, Inc. $QLYS

Wellington Management Group LLP bought a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 141,444 shares of the software maker’s stock, valued at approximately $19,447,000. Wellington Management Group LLP owned about 0.41% of Qualys at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Qualys during the second quarter valued at approximately $792,316,000. Legal & General Group Plc bought a new stake in shares of Qualys during the second quarter valued at approximately $197,624,000. First Trust Advisors LP increased its holdings in Qualys by 24.1% in the 4th quarter. First Trust Advisors LP now owns 1,372,587 shares of the software maker’s stock valued at $182,417,000 after acquiring an additional 266,924 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Qualys by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock worth $168,380,000 after purchasing an additional 48,877 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Qualys by 46.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock worth $144,133,000 after acquiring an additional 323,324 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Shares of QLYS stock opened at $171.65 on Monday. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $201.54. The firm has a market capitalization of $5.94 billion, a price-to-earnings ratio of 29.70 and a beta of 0.62. The business has a fifty day moving average of $163.98 and a 200 day moving average of $120.38.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS 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 firm had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. During the same quarter in the previous year, the company posted $1.68 earnings per share. The company’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. As a group, equities research analysts expect that Qualys, Inc. will post 5.85 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Zacks Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Scotiabank increased their target price on Qualys from $190.00 to $220.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Jefferies Financial Group lifted their price target on shares of Qualys from $150.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price objective on Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Finally, Royal Bank Of Canada boosted their price objective on shares of Qualys from $145.00 to $180.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Two equities research 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 assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $170.53.

Insider Buying and Selling

In other news, insider Bruce K. Posey sold 1,000 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was 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 position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh Thakar sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total value of $4,050,000.00. Following the completion of the transaction, the chief executive officer directly owned 196,686 shares of the company’s stock, valued at $26,552,610. The trade was a 13.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 58,614 shares of company stock worth $7,747,968. Corporate insiders own 0.72% of the company’s stock.

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.