Schroder Investment Management Group Acquires 59,755 Shares of Qualys, Inc. (NASDAQ:QLYS)

Schroder Investment Management Group boosted its holdings in Qualys, Inc. (NASDAQ:QLYSFree Report) by 66.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 149,557 shares of the software maker’s stock after acquiring an additional 59,755 shares during the period. Schroder Investment Management Group owned 0.41% of Qualys worth $29,355,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Qualys during the 4th quarter worth about $30,000. Blue Trust Inc. raised its holdings in Qualys by 218.2% in the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock valued at $41,000 after acquiring an additional 144 shares during the period. Signaturefd LLC lifted its position in Qualys by 24.9% during the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock worth $57,000 after acquiring an additional 58 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Qualys by 67.5% during the fourth quarter. Parallel Advisors LLC now owns 350 shares of the software maker’s stock worth $69,000 after acquiring an additional 141 shares during the period. Finally, GAMMA Investing LLC acquired a new position in shares of Qualys in the fourth quarter valued at approximately $86,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Activity

In related news, CFO Joo Mi Kim sold 616 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $135.56, for a total value of $83,504.96. Following the completion of the sale, the chief financial officer now directly owns 92,580 shares in the company, valued at $12,550,144.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Bruce K. Posey sold 1,430 shares of Qualys stock in a transaction on 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 owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Joo Mi Kim sold 616 shares of the company’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $135.56, for a total transaction of $83,504.96. Following the sale, the chief financial officer now directly owns 92,580 shares in the company, valued at approximately $12,550,144.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,813 shares of company stock valued at $3,826,294. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. TD Cowen initiated coverage on shares of Qualys in a research note on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 price target on the stock. Truist Financial dropped their price target on shares of Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Scotiabank started coverage on Qualys in a research note on Friday, April 26th. They issued a “sector perform” rating and a $172.00 price target for the company. Robert W. Baird dropped their price objective on Qualys from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Wednesday, May 8th. Finally, Needham & Company LLC restated a “hold” rating on shares of Qualys in a research report on Monday, May 13th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $162.23.

Read Our Latest Research Report on QLYS

Qualys Stock Performance

NASDAQ QLYS opened at $136.02 on Monday. The firm’s fifty day moving average price is $156.11 and its two-hundred day moving average price is $172.52. The stock has a market cap of $5.02 billion, a PE ratio of 31.49 and a beta of 0.47. Qualys, Inc. has a fifty-two week low of $122.53 and a fifty-two week high of $206.35.

Qualys (NASDAQ:QLYSGet Free Report) last released its quarterly earnings results on Tuesday, May 7th. The software maker reported $1.05 earnings per share 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%. As a group, sell-side analysts predict that Qualys, Inc. will post 3.41 earnings per share for the current fiscal year.

Qualys Company 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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