NewEdge Wealth LLC Buys 5,252 Shares of Qualys, Inc. $QLYS

NewEdge Wealth LLC boosted its stake in Qualys, Inc. (NASDAQ:QLYS) by 46.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 16,538 shares of the software maker’s stock after buying an additional 5,252 shares during the period. NewEdge Wealth LLC’s holdings in Qualys were worth $1,453,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of QLYS. LGT Fund Management Co Ltd. acquired a new stake in Qualys during the 1st quarter worth approximately $2,064,000. Comerica Bank boosted its stake in Qualys by 100.6% in the 4th quarter. Comerica Bank now owns 22,710 shares of the software maker’s stock valued at $3,018,000 after purchasing an additional 11,391 shares during the period. Geode Capital Management LLC grew its holdings in Qualys by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock valued at $168,380,000 after buying an additional 48,877 shares in the last quarter. Louisiana State Employees Retirement System acquired a new position in Qualys in the 1st quarter valued at $914,000. Finally, BNP Paribas Financial Markets increased its position in Qualys by 41.9% during the 4th quarter. BNP Paribas Financial Markets now owns 234,108 shares of the software maker’s stock worth $31,113,000 after buying an additional 69,185 shares during the period. 99.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on QLYS. Truist Financial lifted their target price on Qualys from $85.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, July 21st. Wedbush lowered their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Morgan Stanley set a $96.00 price objective on shares of Qualys in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Piper Sandler decreased their target price on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Qualys currently has an average rating of “Hold” and an average price target of $141.80.

Insider Activity

In related news, CEO Sumedh S. Thakar sold 30,000 shares of the stock in a transaction that occurred on 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 owned 196,686 shares in the company, valued at approximately $26,552,610. This trade represents a 13.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 2,384 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $100.18, for a total transaction of $238,829.12. Following the sale, the insider owned 66,301 shares in the company, valued at $6,642,034.18. This represents a 3.47% 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. Insiders sold 73,846 shares of company stock valued at $9,239,073 in the last 90 days. 0.72% of the stock is owned by corporate insiders.

Qualys Stock Performance

QLYS opened at $137.48 on Monday. The firm has a market cap of $4.84 billion, a P/E ratio of 24.68 and a beta of 0.61. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $167.86. The business’s fifty day moving average is $125.13 and its 200-day moving average is $110.44.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. During the same quarter in the previous year, the firm earned $1.67 earnings per share. Qualys’s revenue for the quarter was up 9.8% compared to the same quarter last year. 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, research analysts predict that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.

About Qualys

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.