BI Asset Management Fondsmaeglerselskab A S Acquires 27,484 Shares of Qualys, Inc. $QLYS

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its Qualys stake by 77.4% in the first quarter, buying 27,484 additional shares and bringing its total to 62,973 shares worth about $5.53 million.
• Qualys reported better-than-expected quarterly results, posting EPS of $1.95 versus the $1.81 estimate and revenue of $175.64 million, up 9.8% year over year. The company also issued FY 2026 and Q2 2026 guidance.
• Wall Street sentiment remains cautious: analysts now have a consensus Hold rating on QLYS, with a range of price target cuts from several firms and an average target price of $122.14.

BI Asset Management Fondsmaeglerselskab A S lifted its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 77.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,973 shares of the software maker's stock after acquiring an additional 27,484 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned 0.18% of Qualys worth $5,532,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Strive Financial Group LLC purchased a new stake in Qualys in the fourth quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Qualys by 204.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker's stock valued at $28,000 after buying an additional 143 shares during the period. Allworth Financial LP lifted its holdings in shares of Qualys by 86.8% during the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker's stock valued at $38,000 after buying an additional 132 shares during the period. Employees Retirement System of Texas purchased a new position in shares of Qualys in the 4th quarter worth $43,000. Finally, Richardson Financial Services Inc. boosted its stake in shares of Qualys by 127.0% in the 4th quarter. Richardson Financial Services Inc. now owns 345 shares of the software maker's stock worth $46,000 after buying an additional 193 shares during the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on QLYS. Morgan Stanley set a $96.00 price objective on Qualys in a research report on Wednesday, May 6th. JPMorgan Chase & Co. cut their price target on Qualys from $113.00 to $87.00 and set an "underweight" rating for the company in a research note on Wednesday, May 6th. Canaccord Genuity Group cut their price target on Qualys from $150.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Piper Sandler reduced their price target on shares of Qualys from $135.00 to $100.00 and set a "neutral" rating for the company in a research report on Wednesday, May 6th. Finally, Truist Financial lowered their price objective on shares of Qualys from $120.00 to $85.00 and set a "hold" rating on the stock in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $122.14.

Qualys Price Performance

QLYS opened at $108.51 on Tuesday. The company has a 50 day simple moving average of $97.64 and a two-hundred day simple moving average of $110.14. The firm has a market cap of $3.82 billion, a P/E ratio of 19.48 and a beta of 0.65. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $155.47.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $173.63 million. During the same period in the previous year, the business earned $1.67 earnings per share. The business's revenue was up 9.8% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. Equities analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current year.

Insider Activity

In other Qualys news, Director Thomas Berquist sold 939 shares of the 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 owned 6,781 shares of the company's stock, valued at $750,995.75. This represents a 12.16% 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, insider Bruce K. Posey sold 2,384 shares of the firm's stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $100.18, for a total value of $238,829.12. Following the transaction, the insider owned 66,301 shares of the company's stock, valued at approximately $6,642,034.18. The trade was 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 have sold 20,516 shares of company stock valued at $2,273,413 in the last quarter. Company insiders own 1.00% of the company's stock.

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.

Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYS - Free Report).

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.