Chase Investment Counsel Corp Makes New $1.41 Million Investment in Qualys, Inc. $QLYS

Chase Investment Counsel Corp bought a new position in shares of Qualys, Inc. (NASDAQ:QLYS) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 16,000 shares of the software maker’s stock, valued at approximately $1,405,000.

A number of other institutional investors have also recently modified their holdings of QLYS. Envestnet Portfolio Solutions Inc. raised its holdings in Qualys by 4.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock worth $264,000 after purchasing an additional 81 shares during the period. Quadrant Capital Group LLC increased its position in shares of Qualys by 1.8% in the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock valued at $665,000 after buying an additional 88 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Qualys by 4.6% in the second quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock valued at $291,000 after buying an additional 90 shares in the last quarter. Covestor Ltd increased its position in shares of Qualys by 9.1% in the fourth quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock valued at $156,000 after buying an additional 98 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Qualys by 8.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker’s stock worth $164,000 after buying an additional 101 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Performance

NASDAQ QLYS opened at $143.78 on Wednesday. The business has a fifty day moving average price of $122.17 and a 200 day moving average price of $110.33. Qualys, Inc. has a one year low of $74.51 and a one year high of $167.86. The company has a market cap of $5.06 billion, a P/E ratio of 25.81 and a beta of 0.61.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The company had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. During the same quarter last year, the firm posted $1.67 EPS. The firm’s revenue for the quarter 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. As a group, sell-side analysts predict that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the topic of a number of research analyst reports. Weiss Ratings raised shares of Qualys from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Morgan Stanley set a $96.00 price objective on shares of Qualys in a report on Wednesday, May 6th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $145.00 target price on shares of Qualys in a research report on Thursday, July 16th. Wedbush cut their target price on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Finally, Piper Sandler decreased their price target on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Qualys currently has a consensus rating of “Hold” and a consensus price target of $141.80.

Insider Buying and Selling at Qualys

In other news, CFO Joo Mi Kim sold 1,627 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $100.17, for a total value of $162,976.59. Following the transaction, the chief financial officer directly owned 83,211 shares of the company’s stock, valued at approximately $8,335,245.87. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 2,384 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $100.18, for a total transaction of $238,829.12. Following the transaction, the insider owned 66,301 shares in the company, valued at $6,642,034.18. The trade was a 3.47% decrease in their ownership of the stock. 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. In the last three months, insiders sold 73,846 shares of company stock valued at $9,239,073. Corporate insiders own 0.72% 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.