Sanctuary Advisors LLC Has $560,000 Holdings in Qualys, Inc. (NASDAQ:QLYS)

Sanctuary Advisors LLC decreased its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 18.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,006 shares of the software maker’s stock after selling 913 shares during the period. Sanctuary Advisors LLC’s holdings in Qualys were worth $560,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Catalyst Capital Advisors LLC acquired a new position in Qualys during the fourth quarter valued at approximately $39,000. Fifth Third Bancorp boosted its holdings in shares of Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after buying an additional 99 shares during the period. Quarry LP grew its stake in Qualys by 56.2% in the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock valued at $56,000 after buying an additional 158 shares during the last quarter. Mendota Financial Group LLC bought a new position in Qualys in the 4th quarter worth $91,000. Finally, Advisors Asset Management Inc. lifted its position in Qualys by 68.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker’s stock worth $94,000 after acquiring an additional 297 shares during the last quarter. 99.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on QLYS. DA Davidson raised their price target on Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Morgan Stanley raised their target price on Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. TD Cowen upped their price target on Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. Canaccord Genuity Group lowered their price objective on shares of Qualys from $170.00 to $163.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Finally, Wolfe Research raised shares of Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $146.57.

Insiders Place Their Bets

In other Qualys news, CFO Joo Mi Kim sold 1,332 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $157.37, for a total value of $209,616.84. Following the transaction, the chief financial officer now directly owns 113,652 shares in the company, valued at $17,885,415.24. The trade was a 1.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bruce K. Posey sold 8,555 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the sale, the insider now directly owns 64,032 shares of the company’s stock, valued at approximately $9,900,627.84. The trade was a 11.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,813 shares of company stock worth $5,278,133 over the last three months. 1.00% of the stock is currently owned by corporate insiders.

Qualys Stock Performance

Shares of Qualys stock opened at $131.46 on Friday. The firm has a market cap of $4.80 billion, a P/E ratio of 28.27 and a beta of 0.56. The firm’s 50-day simple moving average is $139.25 and its 200-day simple moving average is $135.68. Qualys, Inc. has a twelve month low of $119.17 and a twelve month high of $174.31.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. On average, equities analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal 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.