UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stock Position in Qualys, Inc. $QLYS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in Qualys, Inc. (NASDAQ:QLYS) by 81.9% during the second quarter, HoldingsChannel reports. The fund owned 75,577 shares of the software maker’s stock after selling 341,010 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Qualys were worth $10,391,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Root Financial Partners LLC grew its position in Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after acquiring an additional 200 shares in the last quarter. Strive Financial Group LLC acquired a new stake in Qualys during the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its position in Qualys by 204.3% in 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. Kilter Group LLC acquired a new position in shares of Qualys in the second quarter worth $31,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Qualys in the fourth quarter worth $43,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Sumedh Thakar sold 30,000 shares of the firm’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 sale, the chief executive officer owned 196,686 shares of the company’s stock, valued at approximately $26,552,610. This trade represents a 13.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas Berquist sold 939 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $110.75, for a total value of $103,994.25. Following the completion of the transaction, the director directly owned 6,781 shares of the company’s stock, valued at $750,995.75. This trade represents a 12.16% 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 quarter, insiders have sold 58,614 shares of company stock worth $7,747,968. Insiders own 0.72% of the company’s stock.

Qualys Stock Performance

Qualys stock opened at $171.65 on Monday. The stock has a market cap of $5.94 billion, a P/E ratio of 29.70 and a beta of 0.62. The company has a fifty day simple moving average of $163.98 and a 200-day simple moving average of $120.38. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $201.54.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating the consensus estimate of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The firm had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. During the same quarter in the prior year, the company posted $1.68 earnings per share. Qualys’s revenue for the quarter 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. As a group, sell-side analysts forecast that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Zacks Research upgraded Qualys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Canaccord Genuity Group set a $190.00 target price on Qualys in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their price target on Qualys from $145.00 to $180.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. Scotiabank increased their price target on Qualys from $190.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Northland Securities set a $208.00 price objective on Qualys in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Qualys has a consensus rating of “Hold” and a consensus price target of $170.53.

Qualys Profile

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.