Sei Investments Co. Has $5.88 Million Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Sei Investments Co. grew its holdings in Qualys, Inc. (NASDAQ:QLYS) by 32.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,233 shares of the software maker’s stock after buying an additional 10,218 shares during the quarter. Sei Investments Co. owned approximately 0.11% of Qualys worth $5,880,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rise Advisors LLC acquired a new stake in shares of Qualys in the first quarter valued at $26,000. Sound Income Strategies LLC increased its stake in shares of Qualys by 545.2% in the first quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after buying an additional 169 shares in the last quarter. DecisionPoint Financial LLC acquired a new stake in shares of Qualys in the first quarter valued at $34,000. First Horizon Advisors Inc. increased its stake in shares of Qualys by 294.7% in the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after buying an additional 168 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Qualys by 149.0% in the second quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after buying an additional 143 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Bruce K. Posey sold 1,339 shares of Qualys stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the transaction, the insider now owns 58,947 shares in the company, valued at approximately $8,450,052.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Joo Mi Kim sold 616 shares of Qualys stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $133.93, for a total value of $82,500.88. Following the sale, the chief financial officer now owns 87,077 shares of the company’s stock, valued at approximately $11,662,222.61. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bruce K. Posey sold 1,339 shares of Qualys stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $143.35, for a total value of $191,945.65. Following the completion of the sale, the insider now directly owns 58,947 shares in the company, valued at approximately $8,450,052.45. The disclosure for this sale can be found here. Insiders have sold 11,535 shares of company stock worth $1,609,023 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on QLYS. Scotiabank decreased their price target on Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 7th. Piper Sandler decreased their price target on Qualys from $116.00 to $115.00 and set an “underweight” rating on the stock in a report on Wednesday, August 7th. Truist Financial decreased their price target on Qualys from $165.00 to $130.00 and set a “hold” rating on the stock in a report on Wednesday, August 7th. StockNews.com cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday, August 3rd. Finally, Northland Securities reiterated a “market perform” rating and issued a $140.00 price target (down previously from $150.00) on shares of Qualys in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $147.83.

Qualys Trading Down 1.2 %

Shares of QLYS opened at $128.46 on Tuesday. Qualys, Inc. has a 1 year low of $119.32 and a 1 year high of $206.35. The stock has a market cap of $4.75 billion, a P/E ratio of 29.65 and a beta of 0.46. The stock’s 50-day moving average price is $128.76 and its two-hundred day moving average price is $144.04.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.20. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The business had revenue of $148.70 million for the quarter, compared to analysts’ expectations of $148.80 million. During the same quarter in the previous year, the business posted $0.95 EPS. Qualys’s revenue for the quarter was up 8.4% on a year-over-year basis. As a group, equities analysts forecast that Qualys, Inc. will post 3.94 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.