Horizon Investment Services LLC Invests $947,000 in Qualys, Inc. $QLYS

Horizon Investment Services LLC bought a new position in Qualys, Inc. (NASDAQ:QLYS) during the fourth quarter, Holdings Channel reports. The firm bought 7,122 shares of the software maker’s stock, valued at approximately $947,000.

Other hedge funds have also recently modified their holdings of the company. RWA Wealth Partners LLC purchased a new stake in shares of Qualys in the third quarter worth about $80,820,000. Nordea Investment Management AB boosted its stake in shares of Qualys by 62.4% in the fourth quarter. Nordea Investment Management AB now owns 125,636 shares of the software maker’s stock worth $16,769,000 after buying an additional 48,267 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Qualys by 748.6% in the third quarter. HighTower Advisors LLC now owns 31,346 shares of the software maker’s stock worth $4,148,000 after buying an additional 27,652 shares during the last quarter. Comerica Bank boosted its stake in shares of Qualys by 100.6% in the fourth quarter. Comerica Bank now owns 22,710 shares of the software maker’s stock worth $3,018,000 after buying an additional 11,391 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Qualys by 9.8% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 208,832 shares of the software maker’s stock worth $27,754,000 after buying an additional 18,711 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 13,200 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $114.73, for a total transaction of $1,514,436.00. Following the completion of the transaction, the chief executive officer owned 249,886 shares of the company’s stock, valued at $28,669,420.78. This represents a 5.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 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 $8,335,245.87. The trade was a 1.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,107 shares of company stock valued at $2,118,245 over the last quarter. 0.88% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Piper Sandler lowered their target price on Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings cut Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. William Blair cut Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Truist Financial reduced their price target on Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $122.14.

Qualys Trading Up 0.4%

NASDAQ QLYS opened at $111.24 on Friday. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 19.97 and a beta of 0.66. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $155.47. The stock has a 50-day moving average of $94.59 and a 200 day moving average of $111.64.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. The company had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.Qualys’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 EPS. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. Equities analysts predict that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

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.