Azzad Asset Management Inc. ADV Buys Shares of 6,065 Qualys, Inc. $QLYS

Azzad Asset Management Inc. ADV bought a new stake in Qualys, Inc. (NASDAQ:QLYS) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,065 shares of the software maker’s stock, valued at approximately $533,000.

Other institutional investors have also modified their holdings of the company. Root Financial Partners LLC increased its stake in Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after buying an additional 200 shares during the period. Strive Financial Group LLC purchased a new position in Qualys in the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. lifted its position in Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after acquiring an additional 143 shares during the last quarter. Allworth Financial LP increased its position in Qualys by 86.8% during the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after buying an additional 132 shares during the period. Finally, Employees Retirement System of Texas acquired a new stake in Qualys during the 4th quarter worth $43,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. upgraded shares of Qualys from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $87.00 to $139.00 in a research report on Tuesday, June 30th. Wall Street Zen lowered shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Canaccord Genuity Group lowered their target price on Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Wedbush lowered 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. Finally, Morgan Stanley set a $96.00 price target on Qualys in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $132.29.

Insider Buying and Selling at Qualys

In other Qualys news, CFO Joo Mi Kim sold 965 shares of Qualys stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $143.44, for a total value of $138,419.60. Following the completion of the transaction, the chief financial officer directly owned 81,215 shares in the company, valued at $11,649,479.60. The trade was a 1.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas Berquist sold 939 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $110.75, for a total value of $103,994.25. Following the completion of the sale, the director owned 6,781 shares in the company, valued at $750,995.75. The trade was a 12.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 73,846 shares of company stock worth $9,239,073. 0.88% of the stock is owned by company insiders.

Qualys Price Performance

QLYS traded down $6.70 on Friday, reaching $152.69. The company’s stock had a trading volume of 658,657 shares, compared to its average volume of 812,839. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $164.17. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 27.41 and a beta of 0.61. The business’s 50 day moving average is $113.14 and its 200 day moving average is $109.63.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. During the same quarter in the previous year, the firm earned $1.67 EPS. The company’s revenue 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 forecast that Qualys, Inc. will post 5.47 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.