Azzad Asset Management Inc. ADV Invests $533,000 in Qualys, Inc. $QLYS

Azzad Asset Management Inc. ADV bought a new position in Qualys, Inc. (NASDAQ:QLYS) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,065 shares of the software maker’s stock, valued at approximately $533,000.

Several other hedge funds have also recently bought and sold shares of the business. First Trust Advisors LP boosted its holdings in shares of Qualys by 24.1% during the fourth quarter. First Trust Advisors LP now owns 1,372,587 shares of the software maker’s stock worth $182,417,000 after purchasing an additional 266,924 shares during the period. Geode Capital Management LLC increased its stake in shares of Qualys by 4.0% in 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 during the period. Legal & General Group Plc lifted its holdings in shares of Qualys by 7.0% during the fourth quarter. Legal & General Group Plc now owns 1,156,412 shares of the software maker’s stock worth $153,687,000 after buying an additional 75,397 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Qualys by 46.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock valued at $144,133,000 after purchasing an additional 323,324 shares during the period. Finally, Fundsmith LLP grew its position in Qualys by 21.2% during the third quarter. Fundsmith LLP now owns 870,859 shares of the software maker’s stock worth $115,241,000 after buying an additional 152,257 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

Qualys Stock Down 4.2%

Shares of NASDAQ QLYS traded down $6.70 during trading hours on Friday, hitting $152.69. The company had a trading volume of 658,657 shares, compared to its average volume of 812,839. The stock has a market capitalization of $5.38 billion, a P/E ratio of 27.41 and a beta of 0.61. The firm’s 50 day moving average is $113.14 and its 200-day moving average is $109.63. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $164.17.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. Qualys’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the business 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. On average, sell-side analysts predict that Qualys, Inc. will post 5.47 earnings per share for the current year.

Insider Buying and Selling at Qualys

In related news, CFO Joo Mi Kim sold 965 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $143.44, for a total value of $138,419.60. Following the transaction, the chief financial officer owned 81,215 shares in the company, valued at approximately $11,649,479.60. This represents a 1.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wendy Pfeiffer sold 500 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $110.55, for a total value of $55,275.00. Following the transaction, the director owned 12,710 shares in the company, valued at approximately $1,405,090.50. This trade represents a 3.79% decrease in their position. 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 73,846 shares of company stock worth $9,239,073 in the last ninety days. Insiders own 0.88% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on QLYS. 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 report on Wednesday, May 6th. Morgan Stanley set a $96.00 target price on shares of Qualys in a research report on Wednesday, May 6th. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Scotiabank raised Qualys from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $100.00 to $190.00 in a research note on Monday, July 6th. Finally, Truist Financial decreased their price objective on shares of 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, three have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $132.29.

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.