Atria Wealth Solutions Inc. Sells 268 Shares of Qualys, Inc. (NASDAQ:QLYS)

Atria Wealth Solutions Inc. trimmed its holdings in Qualys, Inc. (NASDAQ:QLYS) by 9.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,431 shares of the software maker’s stock after selling 268 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Qualys were worth $477,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Signaturefd LLC boosted its position in Qualys by 24.9% in the 4th quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock valued at $57,000 after buying an additional 58 shares during the last quarter. KLR Investment Advisors LLC raised its holdings in Qualys by 3.3% during the 3rd quarter. KLR Investment Advisors LLC now owns 2,384 shares of the software maker’s stock worth $364,000 after purchasing an additional 77 shares during the last quarter. New York State Common Retirement Fund raised its holdings in Qualys by 0.5% during the 3rd quarter. New York State Common Retirement Fund now owns 18,724 shares of the software maker’s stock worth $2,856,000 after purchasing an additional 97 shares during the last quarter. Fifth Third Bancorp lifted its position in Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock valued at $43,000 after purchasing an additional 99 shares during the period. Finally, Xponance Inc. boosted its stake in shares of Qualys by 1.7% in the 3rd quarter. Xponance Inc. now owns 6,266 shares of the software maker’s stock valued at $956,000 after purchasing an additional 103 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

QLYS has been the topic of several analyst reports. Truist Financial increased 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. Scotiabank started coverage on Qualys in a research report on Friday, April 26th. They issued a “sector perform” rating and a $172.00 price target on the stock. StockNews.com downgraded Qualys from a “buy” rating to a “hold” rating in a report on Sunday, April 21st. Royal Bank of Canada cut their target price on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 8th. Finally, TD Cowen started coverage on shares of Qualys in a research report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Qualys presently has an average rating of “Hold” and a consensus target price of $157.62.

Insider Transactions at Qualys

In related news, CFO Joo Mi Kim sold 723 shares of the 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 transaction, the chief financial officer now owns 100,289 shares in the company, valued at $16,523,615.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Qualys news, insider Bruce K. Posey sold 1,430 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total value of $235,821.30. Following the completion of the transaction, the insider now directly owns 63,057 shares in the company, valued at $10,398,729.87. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Joo Mi Kim sold 723 shares of the business’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 value of $119,121.48. Following the transaction, the chief financial officer now directly owns 100,289 shares in the company, valued at approximately $16,523,615.64. The disclosure for this sale can be found here. Insiders sold 13,662 shares of company stock valued at $2,263,965 in the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

Qualys Trading Up 2.9 %

Shares of NASDAQ QLYS opened at $170.19 on Tuesday. The company has a fifty day moving average price of $166.95 and a 200 day moving average price of $175.98. The firm has a market cap of $6.29 billion, a PE ratio of 42.13 and a beta of 0.51. Qualys, Inc. has a 1-year low of $112.17 and a 1-year high of $206.35.

Qualys (NASDAQ:QLYS) last posted 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. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The company had revenue of $144.57 million during the quarter, compared to analysts’ expectations of $144.69 million. Equities research analysts forecast that Qualys, Inc. will post 3.35 EPS for the current year.

About Qualys

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.