Fisher Asset Management LLC Has $15.78 Million Stock Holdings in Qualys, Inc. $QLYS

Fisher Asset Management LLC cut its holdings in Qualys, Inc. (NASDAQ:QLYS) by 9.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 118,743 shares of the software maker’s stock after selling 12,909 shares during the quarter. Fisher Asset Management LLC’s holdings in Qualys were worth $15,781,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in QLYS. RWA Wealth Partners LLC acquired a new stake in Qualys in the third quarter valued at approximately $80,820,000. Alyeska Investment Group L.P. acquired a new stake in Qualys in the third quarter valued at approximately $45,854,000. AQR Capital Management LLC lifted its stake in Qualys by 46.9% in the second quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock valued at $144,133,000 after acquiring an additional 323,324 shares during the last quarter. Fundsmith LLP lifted its stake in Qualys by 21.2% in the third quarter. Fundsmith LLP now owns 870,859 shares of the software maker’s stock valued at $115,241,000 after acquiring an additional 152,257 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Qualys by 2.9% in the third quarter. Vanguard Group Inc. now owns 4,401,798 shares of the software maker’s stock valued at $582,490,000 after acquiring an additional 123,962 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Bruce K. Posey sold 865 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $100.43, for a total transaction of $86,871.95. Following the transaction, the insider owned 65,436 shares of the company’s stock, valued at approximately $6,571,737.48. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $100.17, for a total transaction of $162,976.59. Following the transaction, the chief financial officer directly owned 83,211 shares in the company, valued at $8,335,245.87. This trade represents a 1.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,041 shares of company stock valued at $505,202 over the last 90 days. 0.88% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on QLYS shares. Truist Financial reduced their target price on shares of Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Royal Bank Of Canada boosted their price objective on shares of Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. DA Davidson reduced their price objective on shares of Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Wedbush reduced their price objective on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Finally, Piper Sandler reduced their price objective on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Qualys presently has an average rating of “Hold” and a consensus target price of $122.14.

Qualys Trading Down 3.9%

Shares of Qualys stock opened at $98.32 on Thursday. The firm has a fifty day simple moving average of $90.21 and a 200-day simple moving average of $114.30. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $155.47. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 17.65 and a beta of 0.58.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data 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. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The business had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. During the same period in the previous year, the company earned $1.67 earnings per share. Qualys’s revenue for the quarter 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, research analysts predict that Qualys, Inc. will post 5.47 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.