Qualys, Inc. (NASDAQ:QLYS) Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC lifted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 57.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,672 shares of the software maker’s stock after purchasing an additional 5,004 shares during the period. ProShare Advisors LLC’s holdings in Qualys were worth $1,950,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Janney Montgomery Scott LLC increased its holdings in shares of Qualys by 151.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,700 shares of the software maker’s stock valued at $726,000 after buying an additional 2,226 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Qualys by 247.9% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 8,172 shares of the software maker’s stock valued at $1,604,000 after purchasing an additional 5,823 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Qualys by 18.9% in the 4th quarter. Hsbc Holdings PLC now owns 16,320 shares of the software maker’s stock valued at $3,209,000 after purchasing an additional 2,599 shares during the period. Parallel Advisors LLC boosted its position in shares of Qualys by 67.5% in the 4th quarter. Parallel Advisors LLC now owns 350 shares of the software maker’s stock valued at $69,000 after purchasing an additional 141 shares during the period. Finally, Eagle Asset Management Inc. increased its stake in Qualys by 2.3% in the 4th quarter. Eagle Asset Management Inc. now owns 66,051 shares of the software maker’s stock worth $12,964,000 after purchasing an additional 1,515 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Qualys Price Performance

QLYS opened at $130.00 on Friday. The company has a market capitalization of $4.80 billion, a PE ratio of 30.09 and a beta of 0.46. Qualys, Inc. has a fifty-two week low of $119.32 and a fifty-two week high of $206.35. The business has a 50-day moving average of $128.76 and a 200-day moving average of $144.43.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.20. The firm had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The company’s revenue was up 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.95 earnings per share. On average, equities research analysts expect that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Westpark Capital reiterated a “hold” rating on shares of Qualys in a report on Monday, August 5th. Wedbush decreased their price objective on shares of Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. StockNews.com downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Piper Sandler decreased their target price on Qualys from $116.00 to $115.00 and set an “underweight” rating for the company in a research report on Wednesday, August 7th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a report on Wednesday, August 7th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $147.83.

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $143.15, for a total transaction of $1,002,050.00. Following the transaction, the chief executive officer now directly owns 186,601 shares of the company’s stock, valued at $26,711,933.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Bruce K. Posey sold 1,339 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total value of $191,945.65. Following the completion of the sale, the insider now directly owns 58,947 shares in the company, valued at approximately $8,450,052.45. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $143.15, for a total value of $1,002,050.00. Following the sale, the chief executive officer now directly owns 186,601 shares of the company’s stock, valued at approximately $26,711,933.15. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,535 shares of company stock valued at $1,609,023. Insiders own 1.00% of the company’s stock.

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.