Qualys, Inc. (NASDAQ:QLYS) Holdings Trimmed by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lowered its position in shares of Qualys, Inc. (NASDAQ:QLYSGet Rating) by 8.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,197 shares of the software maker’s stock after selling 197 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Qualys were worth $313,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. We Are One Seven LLC boosted its stake in Qualys by 1.6% during the fourth quarter. We Are One Seven LLC now owns 5,071 shares of the software maker’s stock valued at $696,000 after buying an additional 78 shares in the last quarter. Wesbanco Bank Inc. boosted its stake in Qualys by 1.5% during the fourth quarter. Wesbanco Bank Inc. now owns 6,753 shares of the software maker’s stock valued at $927,000 after buying an additional 97 shares in the last quarter. TownSquare Capital LLC boosted its stake in Qualys by 0.4% during the first quarter. TownSquare Capital LLC now owns 21,981 shares of the software maker’s stock valued at $3,131,000 after buying an additional 97 shares in the last quarter. State of Michigan Retirement System boosted its stake in Qualys by 1.2% during the fourth quarter. State of Michigan Retirement System now owns 8,500 shares of the software maker’s stock valued at $1,166,000 after buying an additional 100 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its position in shares of Qualys by 1.2% in the 1st quarter. Louisiana State Employees Retirement System now owns 8,700 shares of the software maker’s stock valued at $1,277,000 after purchasing an additional 100 shares during the period. Institutional investors own 99.29% of the company’s stock.

Insider Activity

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $119.37, for a total value of $835,590.00. Following the sale, the chief executive officer now owns 169,526 shares of the company’s stock, valued at approximately $20,236,318.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Qualys news, insider Bruce K. Posey sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, July 21st. The stock was sold at an average price of $130.16, for a total value of $325,400.00. Following the sale, the insider now owns 61,427 shares of the company’s stock, valued at approximately $7,995,338.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $119.37, for a total value of $835,590.00. Following the completion of the sale, the chief executive officer now directly owns 169,526 shares in the company, valued at approximately $20,236,318.62. The disclosure for this sale can be found here. In the last quarter, insiders have sold 66,745 shares of company stock valued at $8,446,450. Insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Truist Financial increased their price target on Qualys from $115.00 to $125.00 and gave the company a “hold” rating in a research report on Tuesday. Wedbush increased their price target on Qualys from $146.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, April 14th. Wolfe Research assumed coverage on Qualys in a research report on Monday, April 11th. They issued an “outperform” rating and a $162.00 price target for the company. DA Davidson assumed coverage on Qualys in a research report on Friday, July 15th. They issued a “neutral” rating and a $120.00 price target for the company. Finally, StockNews.com upgraded Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, June 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $134.38.

Qualys Price Performance

QLYS opened at $122.32 on Friday. Qualys, Inc. has a fifty-two week low of $100.43 and a fifty-two week high of $150.10. The business has a 50-day moving average of $127.70 and a 200-day moving average of $129.09. The company has a market capitalization of $4.75 billion, a PE ratio of 50.55 and a beta of 0.75.

Qualys (NASDAQ:QLYSGet Rating) last issued its quarterly earnings data on Wednesday, May 4th. The software maker reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.11. The business had revenue of $113.40 million for the quarter, compared to analyst estimates of $112.98 million. Qualys had a return on equity of 22.91% and a net margin of 22.47%. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.01) EPS. On average, equities research analysts expect that Qualys, Inc. will post 2 earnings per share for the current fiscal year.

Qualys Company Profile

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Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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