45,569 Shares in Qualys, Inc. $QLYS Acquired by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP acquired 45,569 Qualys shares worth approximately $6.27 million, giving it a 0.13% stake. Institutional investors collectively own 99.31% of QLYS.
• Qualys exceeded quarterly expectations, reporting $1.98 EPS versus the $1.78 consensus and revenue of $182.18 million, up 11.1% year over year. The company guided for fiscal 2026 EPS of $7.74–$7.88.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $170.53, below the stock’s reported $187.05 price. Meanwhile, insiders sold 59,645 shares worth $7.86 million over the past 90 days under pre-arranged trading plans.

Corient Private Wealth LP bought a new position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 45,569 shares of the software maker's stock, valued at approximately $6,265,000. Corient Private Wealth LP owned about 0.13% of Qualys as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of QLYS. Strive Financial Group LLC acquired a new position in Qualys during the fourth quarter worth $27,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Qualys by 204.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker's stock worth $28,000 after buying an additional 143 shares in the last quarter. Kilter Group LLC acquired a new position in Qualys in the second quarter worth $31,000. Root Financial Partners LLC lifted its holdings in shares of Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new position in shares of Qualys during the fourth quarter worth approximately $43,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Qualys

In other news, Director Thomas Berquist sold 939 shares of the firm's stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $110.75, for a total transaction of $103,994.25. Following the completion of the transaction, the director directly owned 6,781 shares of the company's stock, valued at approximately $750,995.75. This trade represents a 12.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 30,000 shares of Qualys stock in a transaction dated 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 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. In the last 90 days, insiders have sold 59,645 shares of company stock worth $7,863,100. Corporate insiders own 0.72% of the company's stock.

Qualys Price Performance

NASDAQ QLYS opened at $187.05 on Monday. The company's fifty day moving average is $157.90 and its two-hundred day moving average is $117.97. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $201.54. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 32.36 and a beta of 0.60.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, topping the consensus estimate 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 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, sell-side analysts expect that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wall Street Zen raised shares of Qualys from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Truist Financial raised their price objective on shares of Qualys from $160.00 to $185.00 and gave the company a "hold" rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price on Qualys from $139.00 to $150.00 and gave the stock a "neutral" rating in a research report on Monday, July 27th. Weiss Ratings upgraded shares of Qualys from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 24th. Finally, Scotiabank upped their price target on shares of Qualys from $190.00 to $220.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Two equities 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 given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source