Wellington Management Group LLP Buys Shares of 141,444 Qualys, Inc. $QLYS

Wellington Management Group LLP acquired a new stake in Qualys, Inc. (NASDAQ:QLYS) during the second quarter, Holdings Channel reports. The fund acquired 141,444 shares of the software maker’s stock, valued at approximately $19,447,000.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. purchased a new position in Qualys during the second quarter worth approximately $792,316,000. Legal & General Group Plc acquired a new position in Qualys in the second quarter valued at about $197,624,000. First Trust Advisors LP lifted its holdings in shares of Qualys by 24.1% in the 4th quarter. First Trust Advisors LP now owns 1,372,587 shares of the software maker’s stock worth $182,417,000 after acquiring an additional 266,924 shares during the last quarter. Geode Capital Management LLC lifted its stake in Qualys by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock worth $168,380,000 after purchasing an additional 48,877 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Qualys by 46.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock worth $144,133,000 after acquiring an additional 323,324 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Qualys news, CEO Sumedh S. Thakar sold 30,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 196,686 shares of the company’s stock, valued at $26,552,610. This trade represents a 13.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wendy Pfeiffer sold 500 shares of Qualys stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $158.19, for a total transaction of $79,095.00. Following the completion of the sale, the director directly owned 12,210 shares of the company’s stock, valued at $1,931,499.90. The trade was a 3.93% 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. Insiders have sold a total of 58,614 shares of company stock worth $7,747,968 in the last 90 days. Corporate insiders own 0.72% of the company’s stock.

Analyst Ratings Changes

QLYS has been the topic of a number of research reports. Weiss Ratings upgraded shares of Qualys from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Scotiabank upped their price objective on shares of Qualys from $190.00 to $220.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada increased their price objective on Qualys from $145.00 to $180.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley increased their target price on shares of Qualys from $115.00 to $130.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Qualys currently has a consensus rating of “Hold” and an average price target of $170.53.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $171.65 on Monday. The business’s 50 day simple moving average is $163.98 and its 200-day simple moving average is $120.38. The firm has a market capitalization of $5.94 billion, a price-to-earnings ratio of 29.70 and a beta of 0.62. 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 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.20. The company had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.Qualys’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.68 earnings per share. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. On average, equities analysts anticipate that Qualys, Inc. will post 5.85 earnings per share for the current 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.