Amundi Sells 16,537 Shares of Qualys, Inc. (NASDAQ:QLYS)

Amundi lowered its stake in Qualys, Inc. (NASDAQ:QLYS) by 44.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,943 shares of the software maker’s stock after selling 16,537 shares during the quarter. Amundi owned approximately 0.06% of Qualys worth $2,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in Qualys by 10.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,139 shares of the software maker’s stock worth $721,000 after purchasing an additional 473 shares during the last quarter. Edgestream Partners L.P. bought a new position in Qualys during the 4th quarter worth approximately $1,775,000. Jackson Creek Investment Advisors LLC bought a new position in Qualys during the 4th quarter worth approximately $1,640,000. Raymond James Financial Inc. bought a new position in Qualys during the 4th quarter worth approximately $15,937,000. Finally, Proficio Capital Partners LLC bought a new position in Qualys during the 4th quarter worth approximately $4,699,000. Institutional investors own 99.31% of the company’s stock.

Analysts Set New Price Targets

QLYS has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research report on Monday, February 10th. Scotiabank reduced their price objective on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Loop Capital reduced their price objective on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, February 7th. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Finally, Royal Bank of Canada reduced their price objective on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $146.57.

Insiders Place Their Bets

In other news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Friday, February 14th. The stock was sold at an average price of $142.17, for a total transaction of $995,190.00. Following the sale, the chief executive officer now directly owns 246,144 shares in the company, valued at $34,994,292.48. The trade was a 2.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bruce K. Posey sold 855 shares of Qualys stock in a transaction on Friday, December 20th. The stock was sold at an average price of $142.24, for a total value of $121,615.20. Following the sale, the insider now owns 63,177 shares in the company, valued at $8,986,296.48. The trade was a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,926 shares of company stock valued at $3,745,742 in the last three months. 1.00% of the stock is currently owned by insiders.

Qualys Price Performance

QLYS opened at $126.39 on Monday. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of 27.18 and a beta of 0.56. The firm’s fifty day moving average price is $136.52 and its two-hundred day moving average price is $136.04. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $174.20.

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

Qualys Company 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.