Royal Bank of Canada Buys 4,439 Shares of Qualys, Inc. $QLYS

Royal Bank of Canada increased its stake in Qualys, Inc. (NASDAQ:QLYS) by 12.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,207 shares of the software maker’s stock after purchasing an additional 4,439 shares during the period. Royal Bank of Canada owned approximately 0.11% of Qualys worth $3,532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in QLYS. NewEdge Advisors LLC boosted its position in shares of Qualys by 3,948.0% during the first quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock worth $255,000 after buying an additional 1,974 shares during the period. Sivia Capital Partners LLC acquired a new stake in Qualys in the 2nd quarter valued at approximately $292,000. Northwestern Mutual Wealth Management Co. raised its position in Qualys by 3,218.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock valued at $76,000 after buying an additional 515 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Qualys by 482.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock valued at $92,000 after acquiring an additional 535 shares in the last quarter. Finally, Amundi lifted its stake in Qualys by 47.1% in the 2nd quarter. Amundi now owns 21,365 shares of the software maker’s stock valued at $3,076,000 after acquiring an additional 6,844 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

Shares of NASDAQ QLYS opened at $186.05 on Friday. The stock has a 50 day moving average price of $143.63 and a 200 day moving average price of $114.16. The stock has a market capitalization of $6.44 billion, a PE ratio of 32.19 and a beta of 0.60. Qualys, Inc. has a 52 week low of $74.51 and a 52 week high of $201.54.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, topping 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 previous year, the firm earned $1.68 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. 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, research analysts forecast that Qualys, Inc. will post 5.85 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on QLYS. Robert W. Baird set a $160.00 price target on Qualys in a research report on Wednesday, August 5th. TD Cowen boosted their price objective on shares of Qualys from $145.00 to $170.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. DA Davidson increased their target price on shares of Qualys from $135.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Jefferies Financial Group increased their target price on shares of Qualys from $150.00 to $185.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Qualys from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. 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 issued a Sell rating to the company’s stock. According to MarketBeat, Qualys currently has an average rating of “Hold” and a consensus target price of $170.53.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 2,384 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $100.18, for a total value of $238,829.12. Following the completion of the sale, the insider owned 66,301 shares in the company, valued at $6,642,034.18. This trade represents a 3.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 30,000 shares of the stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the completion of the sale, the chief executive officer owned 196,686 shares of the company’s stock, valued at approximately $26,552,610. This represents a 13.23% 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. Over the last three months, insiders sold 76,855 shares of company stock valued at $9,706,670. 0.72% of the stock is owned by corporate insiders.

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.