Central Pacific Bank Trust Division Buys New Holdings in Qualys, Inc. (NASDAQ:QLYS)

Central Pacific Bank Trust Division bought a new stake in shares of Qualys, Inc. (NASDAQ:QLYSFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 710 shares of the software maker’s stock, valued at approximately $119,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QLYS. Ameriprise Financial Inc. increased its stake in Qualys by 1.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 275,749 shares of the software maker’s stock worth $42,065,000 after acquiring an additional 4,751 shares during the last quarter. Graham Capital Management L.P. bought a new stake in Qualys in the 3rd quarter worth approximately $1,329,000. American Century Companies Inc. increased its stake in Qualys by 5.3% in the 3rd quarter. American Century Companies Inc. now owns 75,145 shares of the software maker’s stock worth $11,463,000 after acquiring an additional 3,777 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in Qualys by 93.5% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 11,478 shares of the software maker’s stock worth $1,751,000 after acquiring an additional 5,545 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Qualys by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,739,966 shares of the software maker’s stock worth $570,532,000 after acquiring an additional 45,867 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com upgraded Qualys from a “hold” rating to a “buy” rating in a report on Wednesday. Truist Financial dropped their target price on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, May 8th. Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a report on Monday, May 13th. Scotiabank initiated coverage on Qualys in a report on Friday, April 26th. They issued a “sector perform” rating and a $172.00 target price for the company. Finally, Robert W. Baird cut their price objective on Qualys from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 8th. Three investment 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’s stock. Based on data from MarketBeat.com, Qualys presently has a consensus rating of “Hold” and an average target price of $164.50.

View Our Latest Stock Analysis on QLYS

Insider Buying and Selling at Qualys

In other news, Director Wendy Pfeiffer sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $145.72, for a total value of $291,440.00. Following the completion of the transaction, the director now directly owns 8,490 shares in the company, valued at $1,237,162.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Wendy Pfeiffer sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $145.72, for a total value of $291,440.00. Following the completion of the transaction, the director now directly owns 8,490 shares in the company, valued at $1,237,162.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Joo Mi Kim sold 928 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $167.97, for a total value of $155,876.16. Following the sale, the chief financial officer now directly owns 93,196 shares in the company, valued at $15,654,132.12. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,165 shares of company stock worth $3,925,202. 1.00% of the stock is owned by insiders.

Qualys Price Performance

Shares of NASDAQ QLYS opened at $140.85 on Thursday. The stock has a market capitalization of $5.20 billion, a P/E ratio of 32.60 and a beta of 0.49. Qualys, Inc. has a 1-year low of $126.46 and a 1-year high of $206.35. The business has a fifty day moving average price of $143.74 and a 200 day moving average price of $164.39.

Qualys (NASDAQ:QLYSGet Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The software maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17. Qualys had a return on equity of 47.28% and a net margin of 28.48%. The firm had revenue of $145.81 million during the quarter, compared to analysts’ expectations of $145.67 million. As a group, equities research analysts anticipate that Qualys, Inc. will post 3.42 earnings per share for the current fiscal year.

About Qualys

(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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