Elevation Point Wealth Partners LLC Makes New $333,000 Investment in Qualys, Inc. $QLYS

Elevation Point Wealth Partners LLC acquired a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 3,790 shares of the software maker’s stock, valued at approximately $333,000.

Several other institutional investors and hedge funds have also recently modified their holdings of QLYS. Envestnet Portfolio Solutions Inc. increased its position in Qualys by 4.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock valued at $264,000 after purchasing an additional 81 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of Qualys by 1.8% in the 3rd 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 in the last quarter. Captrust Financial Advisors lifted its position in shares of Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after purchasing an additional 90 shares during the period. Covestor Ltd lifted its position in shares of Qualys by 9.1% in the 4th quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock worth $156,000 after purchasing an additional 98 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Qualys by 8.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker’s stock valued at $164,000 after purchasing an additional 101 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on QLYS. Piper Sandler cut their price objective on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Royal Bank Of Canada upped their target price on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Truist Financial dropped their target price on Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Wall Street Zen downgraded Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, William Blair downgraded Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $132.29.

Qualys Stock Up 3.8%

Shares of QLYS opened at $159.39 on Friday. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 28.62 and a beta of 0.61. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $164.17. The company has a 50 day moving average of $111.88 and a two-hundred day moving average of $109.32.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.67 earnings per share. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. On average, sell-side analysts expect that Qualys, Inc. will post 5.47 EPS for the current year.

Insiders Place Their Bets

In related news, Director Thomas Berquist sold 939 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $110.75, for a total transaction of $103,994.25. Following the transaction, the director directly owned 6,781 shares in the company, valued at $750,995.75. The trade was a 12.16% 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, 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 value of $4,050,000.00. Following the transaction, the chief executive officer directly owned 196,686 shares in the company, valued at $26,552,610. This represents a 13.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 73,846 shares of company stock valued at $9,239,073 in the last 90 days. Corporate insiders own 0.88% 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.