Congress Asset Management Co. MA Has $216.76 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Congress Asset Management Co. MA decreased its holdings in Qualys, Inc. (NASDAQ:QLYSFree Report) by 2.9% in the 4th quarter, HoldingsChannel reports. The firm owned 1,104,350 shares of the software maker’s stock after selling 32,757 shares during the quarter. Qualys makes up 1.7% of Congress Asset Management Co. MA’s portfolio, making the stock its 4th largest holding. Congress Asset Management Co. MA’s holdings in Qualys were worth $216,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. bought a new position in shares of Qualys in the fourth quarter worth $30,000. Blue Trust Inc. boosted its stake in Qualys by 218.2% during the fourth quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock valued at $41,000 after buying an additional 144 shares in the last quarter. Signaturefd LLC boosted its stake in Qualys by 24.9% during the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock valued at $57,000 after buying an additional 58 shares in the last quarter. Parallel Advisors LLC boosted its stake in Qualys by 67.5% during the fourth quarter. Parallel Advisors LLC now owns 350 shares of the software maker’s stock valued at $69,000 after buying an additional 141 shares in the last quarter. Finally, GAMMA Investing LLC bought a new position in Qualys during the fourth quarter valued at about $86,000. Institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Qualys stock traded down $1.50 during mid-day trading on Friday, hitting $136.69. The company’s stock had a trading volume of 435,964 shares, compared to its average volume of 377,130. The firm’s 50 day moving average is $153.35 and its 200 day moving average is $171.10. The company has a market cap of $5.05 billion, a PE ratio of 31.64 and a beta of 0.47. Qualys, Inc. has a 52-week low of $122.53 and a 52-week high of $206.35.

Qualys (NASDAQ:QLYSGet Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.17. The firm had revenue of $145.81 million during the quarter, compared to the consensus estimate of $145.67 million. Qualys had a return on equity of 47.28% and a net margin of 28.48%. As a group, analysts forecast that Qualys, Inc. will post 3.41 EPS for the current year.

Wall Street Analyst Weigh In

QLYS has been the subject of several research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research note on Monday, May 13th. TD Cowen initiated coverage on Qualys in a research note on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price for the company. Robert W. Baird decreased their target price on Qualys from $175.00 to $170.00 and set a “neutral” rating for the company in a research note on Wednesday, May 8th. Truist Financial decreased their price target on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Finally, Scotiabank started coverage on Qualys in a research report on Friday, April 26th. They issued a “sector perform” rating and a $172.00 price target for the company. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $162.23.

View Our Latest Stock Analysis on Qualys

Insider Buying and Selling

In other news, CFO Joo Mi Kim sold 616 shares of Qualys stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $135.56, for a total transaction 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 approximately $12,550,144.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, insider Bruce K. Posey sold 1,430 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total transaction of $235,821.30. Following the sale, the insider now directly owns 63,057 shares in the company, valued at $10,398,729.87. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were 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 approximately $12,550,144.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,543 shares of company stock valued at $3,250,832. Corporate insiders own 1.00% of the company’s stock.

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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