Qualys, Inc. (NASDAQ:QLYS) Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,035 shares of the software maker’s stock after buying an additional 129 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Qualys were worth $846,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new position in shares of Qualys during the fourth quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in Qualys in the fourth quarter worth approximately $39,000. Fifth Third Bancorp lifted its position in Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after purchasing an additional 99 shares during the period. Quarry LP lifted its position in Qualys by 56.2% in the third quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after purchasing an additional 158 shares during the period. Finally, Mendota Financial Group LLC acquired a new stake in Qualys in the fourth quarter worth approximately $91,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualys

In other news, CFO Joo Mi Kim sold 1,635 shares of the company’s stock in a transaction 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 transaction, the chief financial officer now directly owns 112,017 shares of the company’s stock, valued at approximately $15,530,036.88. This represents a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer now directly owns 225,453 shares in the company, valued at $30,321,173.97. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 26,595 shares of company stock valued at $3,691,922 in the last three months. 1.00% of the stock is currently owned by company insiders.

Qualys Stock Down 0.7 %

Shares of NASDAQ:QLYS opened at $127.92 on Monday. The company’s fifty day moving average is $135.99 and its two-hundred day moving average is $136.24. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.20. The company has a market cap of $4.67 billion, a P/E ratio of 27.51 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last announced its earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. Equities research analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on QLYS. Scotiabank cut their target price on Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Royal Bank of Canada cut their target price on Qualys from $162.00 to $135.00 and set a “sector perform” 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, Loop Capital dropped their price target on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $146.14.

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.