Cambridge Investment Research Advisors Inc. Boosts Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Cambridge Investment Research Advisors Inc. boosted its position in Qualys, Inc. (NASDAQ:QLYSFree Report) by 247.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,172 shares of the software maker’s stock after acquiring an additional 5,823 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Qualys were worth $1,604,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in Qualys by 1.2% during the third quarter. Vanguard Group Inc. now owns 3,739,966 shares of the software maker’s stock worth $570,532,000 after purchasing an additional 45,867 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Qualys by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 887,988 shares of the software maker’s stock worth $135,463,000 after buying an additional 12,794 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Qualys by 3.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker’s stock valued at $145,095,000 after buying an additional 21,439 shares in the last quarter. Northern Trust Corp grew its position in shares of Qualys by 2.6% in the 3rd quarter. Northern Trust Corp now owns 570,957 shares of the software maker’s stock valued at $87,099,000 after buying an additional 14,273 shares during the last quarter. Finally, FMR LLC grew its position in shares of Qualys by 2.2% in the 3rd quarter. FMR LLC now owns 517,735 shares of the software maker’s stock valued at $78,980,000 after buying an additional 10,946 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Up 1.7 %

Shares of Qualys stock opened at $135.79 on Thursday. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 31.43 and a beta of 0.47. Qualys, Inc. has a 52-week low of $122.53 and a 52-week high of $206.35. The company’s 50-day simple moving average is $157.36 and its 200-day simple moving average is $173.19.

Qualys (NASDAQ:QLYSGet Free Report) last released its earnings results on Tuesday, May 7th. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.17. The company had revenue of $145.81 million for the quarter, compared to analysts’ expectations of $145.67 million. Qualys had a return on equity of 47.28% and a net margin of 28.48%. Equities research analysts anticipate that Qualys, Inc. will post 3.41 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on QLYS. JPMorgan Chase & Co. raised their price objective on Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a report on Thursday, February 8th. Truist Financial cut their price target on Qualys from $175.00 to $165.00 and set a “hold” rating on the stock in a research report on Wednesday, May 8th. TD Cowen began coverage on Qualys in a report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 price objective for the company. Royal Bank of Canada cut their target price on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a report on Thursday, February 8th. Finally, Scotiabank initiated coverage on shares of Qualys in a research note on Friday, April 26th. They set a “sector perform” rating and a $172.00 price target for the company. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Qualys currently has an average rating of “Hold” and a consensus target price of $162.23.

Get Our Latest Report on QLYS

Insider Buying and Selling

In other Qualys news, CEO Sumedh S. Thakar sold 4,120 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was 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 of the company’s stock, valued at $32,598,905.22. 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 company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $167.62, for a total transaction of $690,594.40. Following the transaction, the chief executive officer now directly owns 194,481 shares in the company, valued at $32,598,905.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bruce K. Posey sold 1,430 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the transaction, the insider now directly owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The disclosure for this sale can be found here. Insiders have sold 24,197 shares of company stock valued at $3,742,789 over the last quarter. Company insiders own 1.00% of the company’s stock.

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.

Featured Articles

Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYSFree Report).

Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.