9,200 Shares in Qualys, Inc. $QLYS Purchased by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 9,200 Qualys shares worth approximately $1.27 million in the second quarter. Institutional investors collectively own 99.31% of the company.
• Analysts maintain a consensus “Hold” rating on Qualys, with an average price target of $170.53, despite several firms raising their targets to between $165 and $185.
• Qualys exceeded quarterly expectations, reporting $1.98 in earnings per share and $182.18 million in revenue, up 11.1% year over year. Meanwhile, insiders sold 58,614 shares worth about $7.75 million over the past three months.

Canada Pension Plan Investment Board acquired a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,200 shares of the software maker's stock, valued at approximately $1,265,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in shares of Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock worth $26,000 after buying an additional 200 shares in the last quarter. Strive Financial Group LLC bought a new position in shares of Qualys in the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. increased 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 valued at $28,000 after acquiring an additional 143 shares during the last quarter. Kilter Group LLC purchased a new stake in shares of Qualys during the second quarter valued at approximately $31,000. Finally, Employees Retirement System of Texas bought a new stake in Qualys during the fourth quarter worth $43,000. Hedge funds and other institutional investors own 99.31% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on QLYS shares. Jefferies Financial Group boosted their price objective on Qualys from $150.00 to $185.00 and gave the stock a "hold" rating in a research report on Wednesday, August 5th. TD Cowen raised their target price on Qualys from $145.00 to $170.00 and gave the company a "hold" rating in a research report on Wednesday, August 5th. Truist Financial lifted their target price on Qualys from $160.00 to $185.00 and gave the stock a "hold" rating in a research note on Wednesday, August 5th. Weiss Ratings raised shares of Qualys from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 24th. Finally, DA Davidson boosted their price target on shares of Qualys from $135.00 to $165.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $170.53.

Insider Buying and Selling at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 30,000 shares of the 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 completion of the transaction, the chief executive officer owned 196,686 shares in the company, valued at $26,552,610. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a document filed 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, insider Bruce K. Posey sold 866 shares of Qualys stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $184.23, for a total transaction of $159,543.18. Following the completion of the transaction, the insider owned 59,554 shares of the company's stock, valued at $10,971,633.42. The trade was a 1.43% 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 sold 58,614 shares of company stock valued at $7,747,968 in the last three months. 0.72% of the stock is owned by company insiders.

Qualys Price Performance

NASDAQ:QLYS opened at $186.14 on Tuesday. The company has a market capitalization of $6.44 billion, a P/E ratio of 32.20 and a beta of 0.60. The business has a fifty day simple moving average of $159.45 and a two-hundred day simple moving average of $118.49. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $201.54.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.20. The firm had revenue of $182.18 million for the quarter, compared to analysts' expectations of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior 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, analysts anticipate that Qualys, Inc. will post 5.85 earnings per share for the current year.

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.

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