33,513 Shares in Qualys, Inc. (NASDAQ:QLYS) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in Qualys, Inc. (NASDAQ:QLYS) in the fourth quarter, Holdings Channel.com reports. The firm acquired 33,513 shares of the software maker’s stock, valued at approximately $4,699,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Geode Capital Management LLC grew its position in shares of Qualys by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock valued at $160,957,000 after purchasing an additional 20,038 shares in the last quarter. Boston Trust Walden Corp boosted its stake in Qualys by 13.3% in the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after purchasing an additional 123,530 shares during the period. CDAM UK Ltd boosted its stake in Qualys by 8.3% in the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock worth $64,604,000 after purchasing an additional 38,509 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Qualys by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker’s stock valued at $64,016,000 after buying an additional 3,848 shares during the period. Finally, Penserra Capital Management LLC lifted its holdings in shares of Qualys by 8.3% in the third quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock worth $48,043,000 after buying an additional 28,802 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Shares of QLYS opened at $130.49 on Tuesday. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $174.20. The stock has a 50 day simple moving average of $136.38 and a two-hundred day simple moving average of $136.07. The firm has a market cap of $4.76 billion, a P/E ratio of 28.06 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last announced 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 net margin of 28.59% and a return on equity of 38.52%. On average, equities analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Northland Securities reaffirmed a “market perform” rating and set a $146.00 price objective (down previously from $150.00) on shares of Qualys in a research note on Monday, February 10th. Loop Capital reduced their price target 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 upgraded Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Needham & Company LLC restated a “hold” rating on shares of Qualys in a research report on Monday, February 10th. Finally, Scotiabank lowered their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $146.57.

Insider Activity

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total transaction of $941,430.00. Following the completion of the sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at approximately $30,321,173.97. This represents a 3.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Joo Mi Kim sold 1,635 shares of Qualys stock in a transaction on Monday, January 6th. The stock was sold at an average price of $138.64, for a total transaction of $226,676.40. Following the completion of the transaction, the chief financial officer now directly owns 112,017 shares in the company, valued at approximately $15,530,036.88. The trade was a 1.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,926 shares of company stock valued at $3,745,742. 1.00% of the stock is currently owned by insiders.

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.