Chase Investment Counsel Corp Acquires Shares of 20,000 Qualys, Inc. $QLYS

Key Points

• Chase Investment Counsel acquired 20,000 Qualys shares during the second quarter, valued at approximately $2.75 million, giving it a 0.06% stake. Institutional investors collectively own 99.31% of Qualys.
• Qualys reported quarterly EPS of $1.98, beating estimates of $1.78, while revenue rose 11.1% year over year to $182.18 million. The company issued fiscal 2026 EPS guidance of $7.74–$7.88.
• Analysts have a consensus “Hold” rating and an average price target of $170.53, despite targets ranging from $130 to $220. Qualys shares opened at $186.05, near their 52-week high of $201.54.

Chase Investment Counsel Corp acquired a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,000 shares of the software maker's stock, valued at approximately $2,749,000. Chase Investment Counsel Corp owned approximately 0.06% of Qualys as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. First Trust Advisors LP raised its holdings in shares of Qualys by 24.1% in the fourth 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 last quarter. Geode Capital Management LLC grew its holdings 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 during the last quarter. Legal & General Group Plc increased its position in Qualys by 7.0% in the 4th quarter. Legal & General Group Plc now owns 1,156,412 shares of the software maker's stock valued at $153,687,000 after acquiring an additional 75,397 shares in the last quarter. AQR Capital Management LLC increased its position in Qualys by 46.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker's stock valued at $144,133,000 after acquiring an additional 323,324 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Qualys by 127.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker's stock worth $73,161,000 after acquiring an additional 465,952 shares during the last quarter. Institutional investors own 99.31% of the company's stock.

Insider Transactions at Qualys

In related news, CEO Sumedh S. Thakar sold 30,000 shares of the company's stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total value of $4,050,000.00. Following the completion of the sale, the chief executive officer owned 196,686 shares in the company, valued at $26,552,610. This represents a 13.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of the firm's stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $100.17, for a total value of $162,976.59. Following the sale, the chief financial officer directly owned 83,211 shares in the company, valued at $8,335,245.87. The trade was a 1.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 76,855 shares of company stock valued at $9,706,670 over the last three months. 0.72% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Royal Bank Of Canada raised their price target on shares of Qualys from $145.00 to $180.00 and gave the company a "sector perform" rating in a report on Wednesday, August 5th. Piper Sandler lifted their target price on Qualys from $100.00 to $175.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Canaccord Genuity Group set a $190.00 price target on Qualys in a research note on Wednesday, August 5th. Scotiabank lifted their price objective on Qualys from $190.00 to $220.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley boosted their price objective on Qualys from $115.00 to $130.00 and gave the stock an "underweight" rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $170.53.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $186.05 on Monday. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 32.19 and a beta of 0.60. The firm's 50 day simple moving average is $143.63 and its 200 day simple moving average is $114.03. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $201.54.

Qualys (NASDAQ:QLYS - Get Free Report) last released 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. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The business had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. During the same quarter last year, the firm earned $1.68 EPS. Qualys's quarterly revenue was up 11.1% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Equities research analysts expect that Qualys, Inc. will post 5.85 earnings per share for the current 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.

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