PNC Financial Services Group Inc. Has $721,000 Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

PNC Financial Services Group Inc. lifted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 10.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,139 shares of the software maker’s stock after purchasing an additional 473 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Qualys were worth $721,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Edgestream Partners L.P. acquired a new position in Qualys during the fourth quarter worth $1,775,000. Jackson Creek Investment Advisors LLC bought a new stake in shares of Qualys during the 4th quarter worth about $1,640,000. Raymond James Financial Inc. acquired a new position in shares of Qualys during the 4th quarter valued at about $15,937,000. Proficio Capital Partners LLC bought a new position in shares of Qualys in the 4th quarter valued at approximately $4,699,000. Finally, Atria Investments Inc raised its stake in shares of Qualys by 5.0% in the 4th quarter. Atria Investments Inc now owns 4,214 shares of the software maker’s stock valued at $591,000 after acquiring an additional 199 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. 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. Royal Bank of Canada lowered their target price on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Northland Securities reiterated a “market perform” rating and issued a $146.00 target price (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. StockNews.com upgraded shares of Qualys from a “hold” rating to a “buy” rating in a report on Wednesday, March 12th. Finally, Canaccord Genuity Group dropped their price objective on Qualys from $170.00 to $163.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Qualys presently has a consensus rating of “Hold” and a consensus price target of $146.57.

Insider Activity

In other Qualys news, insider Bruce K. Posey sold 855 shares of Qualys stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $142.24, for a total transaction of $121,615.20. Following the sale, the insider now directly owns 63,177 shares of the company’s stock, valued at approximately $8,986,296.48. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joo Mi Kim sold 1,635 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $138.64, for a total value of $226,676.40. Following the completion of the sale, the chief financial officer now owns 112,017 shares in the company, valued at approximately $15,530,036.88. This represents a 1.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,926 shares of company stock worth $3,745,742. Corporate insiders own 1.00% of the company’s stock.

Qualys Trading Up 3.2 %

Shares of NASDAQ:QLYS opened at $130.49 on Tuesday. The firm has a market capitalization of $4.76 billion, a PE ratio of 28.06 and a beta of 0.56. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.20. The business’s 50 day moving average is $136.38 and its 200-day moving average is $136.07.

Qualys (NASDAQ:QLYS) last issued its earnings results on Thursday, February 6th. The software maker reported $1.19 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a return on equity of 38.52% and a net margin of 28.59%. On average, sell-side analysts predict 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.