Fisher Asset Management LLC Trims Holdings in Qualys, Inc. $QLYS

Fisher Asset Management LLC decreased its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 8.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,652 shares of the software maker’s stock after selling 12,350 shares during the quarter. Fisher Asset Management LLC owned 0.37% of Qualys worth $17,422,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. NewEdge Advisors LLC lifted its stake in Qualys by 3,948.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock valued at $255,000 after acquiring an additional 1,974 shares during the period. Sivia Capital Partners LLC acquired a new position in Qualys during the second quarter valued at $292,000. Envestnet Asset Management Inc. boosted its holdings in Qualys by 5.5% in the second quarter. Envestnet Asset Management Inc. now owns 134,955 shares of the software maker’s stock valued at $19,281,000 after purchasing an additional 6,986 shares during the last quarter. Strs Ohio boosted its holdings in Qualys by 124.2% in the second quarter. Strs Ohio now owns 7,400 shares of the software maker’s stock valued at $1,057,000 after purchasing an additional 4,100 shares during the last quarter. Finally, Bank of Montreal Can grew its position in Qualys by 5.5% during the 2nd quarter. Bank of Montreal Can now owns 5,348 shares of the software maker’s stock worth $764,000 after purchasing an additional 281 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Transactions at Qualys

In related news, CEO Sumedh S. Thakar sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $133.76, for a total value of $668,800.00. Following the transaction, the chief executive officer directly owned 247,800 shares of the company’s stock, valued at approximately $33,145,728. This trade represents a 1.98% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Bruce K. Posey sold 1,101 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $132.34, for a total value of $145,706.34. Following the sale, the insider owned 68,598 shares of the company’s stock, valued at approximately $9,078,259.32. This trade represents a 1.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 30,644 shares of company stock valued at $4,176,446 over the last 90 days. Corporate insiders own 0.88% of the company’s stock.

Qualys Trading Up 0.7%

Shares of QLYS opened at $98.08 on Thursday. The firm has a market cap of $3.50 billion, a P/E ratio of 18.03 and a beta of 0.62. Qualys, Inc. has a 12 month low of $85.14 and a 12 month high of $155.47. The stock’s 50 day moving average is $120.41 and its two-hundred day moving average is $130.87.

Qualys (NASDAQ:QLYS) last announced its earnings results on Thursday, February 5th. The software maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.09. The firm had revenue of $175.28 million for the quarter, compared to analyst estimates of $173.18 million. Qualys had a return on equity of 37.65% and a net margin of 29.64%.The business’s revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 EPS. Qualys has set its Q1 2026 guidance at 1.760-1.830 EPS and its FY 2026 guidance at 7.170-7.450 EPS. Equities research analysts forecast that Qualys, Inc. will post 3.85 EPS for the current year.

Analyst Ratings Changes

QLYS has been the subject of several analyst reports. DA Davidson decreased their price objective on Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Berenberg Bank assumed coverage on Qualys in a report on Tuesday, November 18th. They issued a “hold” rating and a $165.00 price target for the company. JPMorgan Chase & Co. lowered their price objective on Qualys from $117.00 to $113.00 and set an “underweight” rating on the stock in a research report on Friday, February 6th. UBS Group raised their price objective on shares of Qualys from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $117.00 target price on shares of Qualys in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Qualys presently has an average rating of “Hold” and a consensus target price of $140.46.

About Qualys

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.