Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors cut its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 17.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,521 shares of the software maker’s stock after selling 326 shares during the period. Captrust Financial Advisors’ holdings in Qualys were worth $213,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in QLYS. SBI Securities Co. Ltd. purchased a new stake in shares of Qualys during the fourth quarter worth $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Qualys during the fourth quarter worth $39,000. Quadrant Capital Group LLC grew its holdings in shares of Qualys by 88.1% during the fourth quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker’s stock worth $47,000 after buying an additional 156 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Qualys during the fourth quarter worth $54,000. Finally, Fifth Third Bancorp grew its holdings in shares of Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after buying an additional 99 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on QLYS. JPMorgan Chase & Co. dropped their target price on shares of Qualys from $122.00 to $117.00 and set an “underweight” rating for the company in a report on Monday, April 28th. Loop Capital dropped their target price on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a report on Friday, February 7th. Morgan Stanley dropped their target price on shares of Qualys from $120.00 to $90.00 and set an “underweight” rating for the company in a report on Wednesday, April 16th. Canaccord Genuity Group dropped their price objective on shares of Qualys from $163.00 to $158.00 and set a “buy” rating for the company in a report on Wednesday, May 7th. Finally, Wall Street Zen raised shares of Qualys from a “hold” rating to a “buy” rating in a report on Saturday, April 12th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $137.50.

Insiders Place Their Bets

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $123.81, for a total value of $866,670.00. Following the completion of the transaction, the chief executive officer now owns 246,313 shares of the company’s stock, valued at approximately $30,496,012.53. This trade represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Bruce K. Posey sold 540 shares of the firm’s stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $117.86, for a total transaction of $63,644.40. Following the completion of the transaction, the insider now directly owns 64,513 shares of the company’s stock, valued at approximately $7,603,502.18. The trade was a 0.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,127 shares of company stock valued at $1,904,252 over the last 90 days. 1.00% of the stock is owned by company insiders.

Qualys Price Performance

Shares of QLYS stock opened at $136.43 on Friday. The firm has a market cap of $4.96 billion, a PE ratio of 29.34 and a beta of 0.61. The company has a 50-day moving average of $127.40 and a two-hundred day moving average of $136.96. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $170.00.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.21. The company had revenue of $159.90 million during the quarter, compared to analyst estimates of $157.05 million. Qualys had a net margin of 28.59% and a return on equity of 38.52%. Qualys’s revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.45 earnings per share. Sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

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.