Elevation Point Wealth Partners LLC Purchases New Holdings in Qualys, Inc. $QLYS

Elevation Point Wealth Partners LLC acquired a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,836 shares of the software maker’s stock, valued at approximately $527,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. NewEdge Advisors LLC raised its stake 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 purchasing an additional 1,974 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in Qualys in the 2nd quarter valued at $292,000. Northwestern Mutual Wealth Management Co. increased its stake 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 period. EverSource Wealth Advisors LLC raised its position 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 buying an additional 535 shares during the last quarter. Finally, Amundi raised its position 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 buying an additional 6,844 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on QLYS shares. Wedbush cut their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Robert W. Baird set a $160.00 price target on Qualys in a research note on Wednesday, August 5th. Zacks Research raised Qualys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Truist Financial upped their price target on shares of Qualys from $160.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Qualys from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $170.53.

Insider Buying and Selling at Qualys

In other Qualys news, insider Bruce K. Posey sold 866 shares of Qualys stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $184.23, for a total transaction of $159,543.18. Following the completion of the transaction, the insider owned 59,554 shares in the company, valued at approximately $10,971,633.42. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Monday, August 3rd. The shares were sold at an average price of $153.04, for a total transaction of $248,996.08. Following the completion of the sale, the chief financial officer owned 75,743 shares in the company, valued at $11,591,708.72. This represents a 2.10% 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 72,845 shares of company stock valued at $9,377,536 over the last 90 days. 0.72% of the stock is currently owned by corporate insiders.

Qualys Price Performance

NASDAQ QLYS opened at $175.94 on Wednesday. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $201.54. The company has a market capitalization of $6.09 billion, a P/E ratio of 30.44 and a beta of 0.60. The business has a 50 day moving average price of $153.54 and a 200 day moving average price of $116.53.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. The company had revenue of $182.18 million for the quarter, compared to the consensus estimate of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.Qualys’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business 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, research analysts expect that Qualys, Inc. will post 5.85 earnings per share for the current fiscal year.

Qualys Company 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.