Qualys, Inc. (NASDAQ:QLYS) Shares Bought by Rhumbline Advisers

Rhumbline Advisers raised its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,897 shares of the software maker’s stock after acquiring an additional 3,196 shares during the quarter. Rhumbline Advisers owned approximately 0.32% of Qualys worth $16,251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in QLYS. Creative Planning increased its position in shares of Qualys by 60.9% during the third quarter. Creative Planning now owns 6,580 shares of the software maker’s stock worth $845,000 after purchasing an additional 2,491 shares in the last quarter. Blue Trust Inc. boosted its stake in Qualys by 93.2% during the 3rd quarter. Blue Trust Inc. now owns 1,559 shares of the software maker’s stock worth $222,000 after purchasing an additional 752 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Qualys by 11.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,438 shares of the software maker’s stock worth $955,000 after buying an additional 738 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of Qualys by 12,750.0% in the third quarter. International Assets Investment Management LLC now owns 1,542 shares of the software maker’s stock valued at $198,000 after buying an additional 1,530 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Qualys by 3.1% in the third quarter. Assenagon Asset Management S.A. now owns 23,933 shares of the software maker’s stock worth $3,074,000 after buying an additional 716 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Joo Mi Kim sold 1,332 shares of Qualys stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $157.37, for a total value of $209,616.84. Following the completion of the transaction, the chief financial officer now owns 113,652 shares in the company, valued at approximately $17,885,415.24. The trade was a 1.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction that occurred 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 owns 246,144 shares in the company, valued at approximately $34,994,292.48. This trade represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 36,288 shares of company stock worth $5,204,906 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.

Qualys Price Performance

NASDAQ QLYS opened at $136.20 on Friday. Qualys, Inc. has a 12 month low of $119.17 and a 12 month high of $174.31. The stock has a market capitalization of $4.98 billion, a P/E ratio of 29.29 and a beta of 0.56. The firm’s 50-day moving average is $140.33 and its two-hundred day moving average is $135.50.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data 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%. As a group, analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on QLYS. 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. Truist Financial boosted their target price on Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. Loop Capital cut their price target on Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a report on Friday, February 7th. TD Cowen boosted their price objective on Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. Finally, Canaccord Genuity Group cut their target price on Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $146.57.

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.