Qualys, Inc. $QLYS Shares Purchased by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP increased its Qualys stake by 79.6% in the second quarter, purchasing 20,175 additional shares and bringing its holdings to 45,513 shares valued at approximately $6.26 million. Institutional investors and hedge funds own 99.31% of QLYS.
• Analyst sentiment remains cautious: Qualys has a consensus “Hold” rating and an average price target of $173.87, despite some analysts raising their targets and Scotiabank maintaining an “outperform” rating.
• Qualys exceeded quarterly expectations, reporting $1.98 EPS versus the $1.78 estimate and revenue of $182.18 million, up 11.1% year over year. The stock opened at $174.96, while insiders sold 60,405 shares worth $8.14 million during the quarter.

Corient Private Wealth LP boosted its stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 79.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,513 shares of the software maker's stock after purchasing an additional 20,175 shares during the quarter. Corient Private Wealth LP owned approximately 0.13% of Qualys worth $6,258,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in QLYS. Kilter Group LLC acquired a new position in Qualys in the second quarter worth approximately $31,000. Continuum Advisory LLC bought a new position in Qualys in the 2nd quarter worth approximately $33,000. Root Financial Partners LLC raised its position in shares of Qualys by 206.2% during the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock valued at $26,000 after buying an additional 200 shares during the last quarter. Employees Retirement System of Texas bought a new stake in Qualys in the fourth quarter valued at about $43,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Qualys during the second quarter valued at $51,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on QLYS shares. Wedbush cut shares of Qualys from an "outperform" rating to a "neutral" rating and set a $175.00 price objective for the company. in a research report on Thursday, September 10th. Morgan Stanley upped their price target on Qualys from $115.00 to $130.00 and gave the company an "underweight" rating in a research note on Wednesday, August 5th. Scotiabank increased their price target on shares of Qualys from $190.00 to $220.00 and gave the company an "outperform" rating in a research report on Wednesday, August 5th. TD Cowen lifted their price objective on shares of Qualys from $145.00 to $170.00 and gave the stock a "hold" rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded Qualys from a "buy" rating to a "hold" rating in a research note on Saturday, September 12th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $173.87.

Insider Activity

In other Qualys news, Director Wendy Pfeiffer sold 500 shares of the company's stock in a transaction on Monday, July 20th. The shares were sold at an average price of $158.19, for a total transaction of $79,095.00. Following the sale, the director owned 12,210 shares of the company's stock, valued at approximately $1,931,499.90. This represents a 3.93% decrease in their ownership of the stock. The sale 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, CFO Joo Mi Kim sold 1,627 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $153.04, for a total value of $248,996.08. Following the transaction, the chief financial officer owned 75,743 shares in the company, valued at $11,591,708.72. The trade was a 2.10% 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. Over the last quarter, insiders sold 60,405 shares of company stock worth $8,136,960. 0.72% of the stock is owned by company insiders.

Qualys Stock Down 1.8%

QLYS opened at $174.96 on Friday. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $201.54. The stock has a market capitalization of $6.05 billion, a price-to-earnings ratio of 30.27 and a beta of 0.62. The company has a 50-day simple moving average of $168.61 and a 200 day simple moving average of $125.57.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.20. The business had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $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. Sell-side analysts anticipate that Qualys, Inc. will post 5.84 EPS for the current fiscal year.

About Qualys

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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