Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Creative Planning

Creative Planning trimmed its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 19.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,089 shares of the software maker’s stock after selling 1,011 shares during the period. Creative Planning’s holdings in Qualys were worth $583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wellington Management Group LLP acquired a new position in Qualys during the 4th quarter valued at about $18,844,000. Roberts Wealth Advisors LLC acquired a new position in shares of Qualys during the first quarter valued at approximately $863,000. BI Asset Management Fondsmaeglerselskab A S raised its holdings in Qualys by 96.4% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 30,656 shares of the software maker’s stock worth $5,116,000 after purchasing an additional 15,045 shares in the last quarter. Vanguard Group Inc. lifted its position in Qualys by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 3,756,297 shares of the software maker’s stock worth $737,286,000 after purchasing an additional 16,331 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its stake in Qualys by 36.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 20,576 shares of the software maker’s stock valued at $3,374,000 after purchasing an additional 5,508 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the completion of the sale, the insider now directly owns 58,947 shares of the company’s stock, valued at approximately $8,450,052.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Qualys news, insider Bruce K. Posey sold 1,330 shares of the stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $123.80, for a total transaction of $164,654.00. Following the completion of the transaction, the insider now owns 55,618 shares in the company, valued at approximately $6,885,508.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bruce K. Posey sold 1,339 shares of Qualys stock in a transaction dated 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 $8,450,052.45. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,535 shares of company stock worth $592,670 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Qualys Trading Down 0.9 %

NASDAQ QLYS opened at $125.59 on Monday. Qualys, Inc. has a 12 month low of $119.32 and a 12 month high of $206.35. The stock has a 50-day simple moving average of $125.03 and a 200 day simple moving average of $141.19. The company has a market capitalization of $4.64 billion, a PE ratio of 29.07 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.20. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The company had revenue of $148.70 million for the quarter, compared to analyst estimates of $148.80 million. During the same period last year, the business posted $0.95 earnings per share. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, sell-side analysts predict that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on QLYS shares. Northland Securities restated a “market perform” rating and issued a $140.00 price objective (down previously from $150.00) on shares of Qualys in a report on Wednesday, August 7th. Scotiabank lowered their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. TD Cowen cut their target price on shares of Qualys from $140.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, October 7th. Needham & Company LLC restated a “hold” rating on shares of Qualys in a research report on Wednesday, August 7th. Finally, DA Davidson upgraded Qualys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 7th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $147.00.

Qualys 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.