Intech Investment Management LLC Reduces Stock Holdings in Qualys, Inc. $QLYS

Intech Investment Management LLC reduced its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 24.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,798 shares of the software maker’s stock after selling 5,364 shares during the quarter. Intech Investment Management LLC’s holdings in Qualys were worth $2,232,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. NewEdge Advisors LLC increased its holdings in Qualys by 3,948.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock worth $255,000 after purchasing an additional 1,974 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Qualys during the 2nd quarter worth approximately $292,000. Northwestern Mutual Wealth Management Co. increased its holdings in Qualys by 3,218.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after purchasing an additional 515 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Qualys by 482.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock worth $92,000 after purchasing an additional 535 shares during the last quarter. Finally, Amundi increased its holdings in Qualys by 47.1% during the 2nd quarter. Amundi now owns 21,365 shares of the software maker’s stock worth $3,076,000 after purchasing an additional 6,844 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Joo Mi Kim sold 1,031 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $111.67, for a total value of $115,131.77. Following the completion of the sale, the chief financial officer directly owned 82,180 shares in the company, valued at approximately $9,177,040.60. The trade was a 1.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 13,200 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $114.73, for a total value of $1,514,436.00. Following the completion of the sale, the chief executive officer owned 249,886 shares of the company’s stock, valued at $28,669,420.78. This trade represents a 5.02% 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 ninety days, insiders sold 19,172 shares of company stock worth $2,124,751. 0.88% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. William Blair downgraded Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. DA Davidson cut their target price on shares of Qualys from $135.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Morgan Stanley set a $96.00 price target on shares of Qualys in a research report on Wednesday, May 6th. Wedbush reduced their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Finally, Piper Sandler reduced their price target on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Qualys has a consensus rating of “Hold” and an average price target of $122.14.

Qualys Trading Down 1.6%

Shares of NASDAQ QLYS opened at $111.61 on Thursday. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $155.47. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 20.04 and a beta of 0.66. The business has a 50 day simple moving average of $91.54 and a 200-day simple moving average of $112.89.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results 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 business had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. During the same period in the previous year, the business earned $1.67 EPS. The business’s quarterly revenue 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, equities analysts predict that Qualys, Inc. will post 5.47 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.