Qualys, Inc. $QLYS Shares Acquired by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its Qualys stake by 13,255.9% in the second quarter, acquiring 5.61 million additional shares and holding approximately 16.33% of the company, valued at $777.1 million.
• Qualys reported quarterly EPS of $1.98, beating estimates of $1.78, while revenue rose 11.1% year over year to $182.18 million. Institutional investors collectively own 99.31% of the company.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $173.87; meanwhile, insiders sold 57,205 shares worth approximately $7.59 million over the past three months.

California State Teachers Retirement System boosted its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 13,255.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,651,801 shares of the software maker's stock after buying an additional 5,609,484 shares during the quarter. California State Teachers Retirement System owned approximately 16.33% of Qualys worth $777,066,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. AlphaGrep UK Ltd acquired a new stake in Qualys during the second quarter worth approximately $301,000. Continuum Advisory LLC acquired a new position in Qualys in the 2nd quarter valued at $33,000. Nykredit A S purchased a new position in shares of Qualys during the 2nd quarter worth $231,000. Wedbush Securities Inc. purchased a new position in shares of Qualys during the 2nd quarter worth $344,000. Finally, Wellington Management Group LLP acquired a new position in Qualys in the second quarter valued at $19,447,000. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 30,000 shares of the company's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the completion of the sale, the chief executive officer owned 196,686 shares in the company, valued at approximately $26,552,610. This represents a 13.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce Posey sold 1,000 shares of Qualys stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $155.00, for a total transaction of $155,000.00. Following the completion of the transaction, the insider directly owned 63,571 shares in the company, valued at approximately $9,853,505. This represents a 1.55% 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. Over the last three months, insiders have sold 57,205 shares of company stock worth $7,592,800. Corporate insiders own 0.72% of the company's stock.

Qualys Stock Performance

Shares of QLYS stock opened at $150.28 on Monday. The business's fifty day moving average is $166.35 and its 200-day moving average is $122.73. The stock has a market cap of $5.20 billion, a PE ratio of 26.00 and a beta of 0.62. 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 released its quarterly 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. 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 in the previous year, the business earned $1.68 earnings per share. The firm's 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 predict that Qualys, Inc. will post 5.85 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on QLYS. Wall Street Zen downgraded shares of Qualys from a "buy" rating to a "hold" rating in a report on Saturday. Piper Sandler increased their target price on shares of Qualys from $100.00 to $175.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Robert W. Baird set a $160.00 price target on shares of Qualys in a research report on Wednesday, August 5th. Canaccord Genuity Group set a $190.00 price target on Qualys in a report on Wednesday, August 5th. Finally, Scotiabank raised 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, two have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $173.87.

Qualys Profile

Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.

The company's offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.

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