Elevation Point Wealth Partners LLC Takes $527,000 Position in Qualys, Inc. $QLYS

Elevation Point Wealth Partners LLC bought a new stake in Qualys, Inc. (NASDAQ:QLYS) during the second quarter, HoldingsChannel.com reports. The fund bought 3,836 shares of the software maker’s stock, valued at approximately $527,000.

Several other hedge funds and other institutional investors have also made changes to their positions in QLYS. BlackRock Inc. purchased a new stake in shares of Qualys in the second quarter worth about $792,316,000. First Trust Advisors LP raised its holdings in shares of Qualys by 24.1% during 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 buying an additional 266,924 shares during the period. Geode Capital Management LLC lifted its position in Qualys by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock worth $168,380,000 after acquiring an additional 48,877 shares in the last quarter. Legal & General Group Plc lifted its position in Qualys by 7.0% during the 4th quarter. Legal & General Group Plc now owns 1,156,412 shares of the software maker’s stock worth $153,687,000 after acquiring an additional 75,397 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in 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. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Down 1.4%

Shares of NASDAQ QLYS opened at $175.94 on Wednesday. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $201.54. The business has a 50 day moving average price of $153.54 and a two-hundred day moving average price of $116.53. The firm has a market cap of $6.09 billion, a PE ratio of 30.44 and a beta of 0.60.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.20. The company had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.Qualys’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $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. On average, analysts anticipate that Qualys, Inc. will post 5.85 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on QLYS shares. JPMorgan Chase & Co. increased their price objective on shares of Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Robert W. Baird set a $160.00 target price on shares of Qualys in a research report on Wednesday, August 5th. Jefferies Financial Group boosted their target price on shares of Qualys from $150.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Northland Securities set a $208.00 target price on shares of Qualys in a research note on Wednesday, August 5th. Finally, William Blair lowered shares of Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Qualys presently has an average rating of “Hold” and a consensus target price of $170.53.

Insider Activity at Qualys

In other news, Director Wendy Pfeiffer sold 500 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $158.19, for a total value of $79,095.00. Following the completion of the sale, the director owned 12,210 shares of the company’s stock, valued at approximately $1,931,499.90. The trade was a 3.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 dated Monday, August 3rd. The shares were sold at an average price of $153.04, for a total transaction of $248,996.08. Following the completion of the sale, the chief financial officer owned 75,743 shares in the company, valued at approximately $11,591,708.72. This trade represents a 2.10% decrease in their position. 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. Insiders have sold a total of 72,845 shares of company stock worth $9,377,536 in the last ninety days. 0.72% of the stock is currently owned by corporate insiders.

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.