McGlone Suttner Wealth Management Inc. Purchases Shares of 155 Qualys, Inc. (NASDAQ:QLYS)

McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Qualys, Inc. (NASDAQ:QLYSFree Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 155 shares of the software maker’s stock, valued at approximately $30,000.

A number of other institutional investors have also made changes to their positions in the stock. BlackRock Inc. increased its position in shares of Qualys by 4.1% during the second quarter. BlackRock Inc. now owns 4,743,758 shares of the software maker’s stock valued at $612,751,000 after acquiring an additional 185,497 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Qualys by 1.2% during the third quarter. Vanguard Group Inc. now owns 3,739,966 shares of the software maker’s stock valued at $570,532,000 after acquiring an additional 45,867 shares during the last quarter. State Street Corp increased its position in shares of Qualys by 2.0% during the first quarter. State Street Corp now owns 1,218,298 shares of the software maker’s stock valued at $158,386,000 after acquiring an additional 24,307 shares during the last quarter. Congress Asset Management Co. MA increased its position in shares of Qualys by 5.0% during the third quarter. Congress Asset Management Co. MA now owns 1,137,107 shares of the software maker’s stock valued at $173,466,000 after acquiring an additional 54,219 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Qualys by 6.5% during the third quarter. Morgan Stanley now owns 1,025,342 shares of the software maker’s stock valued at $156,416,000 after acquiring an additional 62,384 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 723 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $164.76, for a total transaction of $119,121.48. Following the completion of the sale, the chief financial officer now owns 100,289 shares in the company, valued at approximately $16,523,615.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Bruce K. Posey sold 1,000 shares of the company’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $197.78, for a total value of $197,780.00. Following the completion of the sale, the insider now owns 63,255 shares in the company, valued at approximately $12,510,573.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Joo Mi Kim sold 723 shares of the company’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $164.76, for a total transaction of $119,121.48. Following the completion of the sale, the chief financial officer now owns 100,289 shares of the company’s stock, valued at approximately $16,523,615.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,537 shares of company stock worth $2,784,700. 1.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

QLYS has been the subject of a number of research reports. Wedbush dropped their price objective on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, February 8th. Royal Bank of Canada dropped their price objective on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a report on Thursday, February 8th. JPMorgan Chase & Co. lifted their price objective on shares of Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a report on Thursday, February 8th. Stephens restated an “equal weight” rating and issued a $190.00 price objective on shares of Qualys in a report on Thursday, February 8th. Finally, Truist Financial lifted their price objective on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, January 16th. Four analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Qualys has an average rating of “Hold” and a consensus price target of $153.23.

Get Our Latest Stock Report on Qualys

Qualys Stock Up 1.0 %

Shares of Qualys stock opened at $166.87 on Friday. Qualys, Inc. has a 52-week low of $107.00 and a 52-week high of $206.35. The company has a 50 day moving average of $172.72 and a 200 day moving average of $173.93. The company has a market capitalization of $6.17 billion, a P/E ratio of 41.30 and a beta of 0.52.

Qualys (NASDAQ:QLYSGet Free Report) last issued its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.26. The business had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Qualys had a net margin of 27.34% and a return on equity of 49.06%. As a group, research analysts anticipate that Qualys, Inc. will post 3.35 earnings per share for the current fiscal year.

Qualys Profile

(Free Report)

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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