International Assets Investment Management LLC Acquires 117,121 Shares of Qualys, Inc. (NASDAQ:QLYS)

International Assets Investment Management LLC grew its position in Qualys, Inc. (NASDAQ:QLYS) by 201,932.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 117,179 shares of the software maker’s stock after buying an additional 117,121 shares during the period. International Assets Investment Management LLC’s holdings in Qualys were worth $23,000,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in QLYS. McGlone Suttner Wealth Management Inc. bought a new position in Qualys in the fourth quarter valued at about $30,000. Blue Trust Inc. grew its stake in shares of Qualys by 218.2% during the fourth quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock worth $41,000 after purchasing an additional 144 shares during the period. Fifth Third Bancorp grew its position in shares of Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock worth $43,000 after buying an additional 99 shares during the period. Salem Investment Counselors Inc. acquired a new position in shares of Qualys during the 4th quarter worth about $123,000. Finally, CVA Family Office LLC bought a new stake in shares of Qualys in the 4th quarter valued at about $137,000. Institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Shares of Qualys stock opened at $165.37 on Friday. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35. The company has a market capitalization of $6.11 billion, a price-to-earnings ratio of 40.93 and a beta of 0.51. The business has a fifty day simple moving average of $166.86 and a two-hundred day simple moving average of $175.83.

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

Insiders Place Their Bets

In other Qualys news, CFO Joo Mi Kim sold 723 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $164.76, for a total transaction of $119,121.48. Following the transaction, the chief financial officer now owns 100,289 shares in the company, valued at approximately $16,523,615.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Qualys news, CEO Sumedh S. Thakar sold 4,120 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $167.62, for a total transaction of $690,594.40. Following the completion of the transaction, the chief executive officer now owns 194,481 shares of the company’s stock, valued at $32,598,905.22. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Joo Mi Kim sold 723 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $164.76, for a total transaction of $119,121.48. Following the transaction, the chief financial officer now owns 100,289 shares of the company’s stock, valued at $16,523,615.64. The disclosure for this sale can be found here. Insiders sold 14,792 shares of company stock worth $2,455,489 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on QLYS shares. Wedbush lowered their price objective on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, February 8th. Truist Financial raised their price objective on shares of Qualys from $145.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, January 16th. StockNews.com lowered shares of Qualys from a “buy” rating to a “hold” rating in a research note on Sunday, April 21st. Royal Bank of Canada decreased their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a report on Thursday, February 8th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $190.00 target price on shares of Qualys in a research report on Thursday, February 8th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $154.57.

Qualys 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.