Raymond James Financial Services Advisors Inc. Has $541,000 Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Raymond James Financial Services Advisors Inc. decreased its position in Qualys, Inc. (NASDAQ:QLYS) by 24.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,756 shares of the software maker’s stock after selling 875 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Qualys were worth $541,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in QLYS. CVA Family Office LLC bought a new stake in shares of Qualys in the 4th quarter valued at approximately $137,000. Raymond James & Associates grew its position in Qualys by 16.0% during the 4th quarter. Raymond James & Associates now owns 34,766 shares of the software maker’s stock worth $6,824,000 after acquiring an additional 4,792 shares during the last quarter. Salem Investment Counselors Inc. bought a new stake in Qualys during the 4th quarter worth approximately $123,000. SG Americas Securities LLC grew its position in Qualys by 27.4% during the 4th quarter. SG Americas Securities LLC now owns 1,154 shares of the software maker’s stock worth $227,000 after acquiring an additional 248 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC grew its position in Qualys by 11.5% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 4,569 shares of the software maker’s stock worth $897,000 after acquiring an additional 471 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Up 0.1 %

NASDAQ:QLYS opened at $162.84 on Friday. Qualys, Inc. has a 12-month low of $107.00 and a 12-month high of $206.35. The firm has a market capitalization of $6.02 billion, a P/E ratio of 40.31 and a beta of 0.51. The stock’s fifty day simple moving average is $166.61 and its 200-day simple moving average is $175.05.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.26. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The business had revenue of $144.57 million for the quarter, compared to analyst estimates of $144.69 million. As a group, equities research analysts expect that Qualys, Inc. will post 3.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on QLYS shares. Truist Financial increased their price target on Qualys from $145.00 to $175.00 and gave the stock a “hold” rating in a research report on Tuesday, January 16th. TD Cowen started coverage on Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price target on the stock. JPMorgan Chase & Co. increased their price target on Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research report on Thursday, February 8th. Royal Bank of Canada decreased their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 8th. Finally, Stephens reissued an “equal weight” rating and issued a $190.00 target price on shares of Qualys in a research note on Thursday, February 8th. Four equities research 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $153.23.

Insiders Place Their Bets

In other Qualys news, insider Bruce K. Posey sold 1,000 shares of Qualys stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $197.78, for a total transaction of $197,780.00. Following the transaction, the insider now directly owns 63,255 shares in the company, valued at $12,510,573.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, insider Bruce K. Posey sold 1,000 shares of the business’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $197.78, for a total value of $197,780.00. Following the sale, the insider now directly owns 63,255 shares in the company, valued at $12,510,573.90. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 4,120 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $167.62, for a total value of $690,594.40. Following the completion of the sale, the chief executive officer now owns 194,481 shares in the company, valued at $32,598,905.22. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,349 shares of company stock worth $2,411,812. Corporate insiders own 1.20% of the company’s stock.

Qualys Company Profile

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.