Inspire Investing LLC purchased a new stake in Qualys, Inc. (NASDAQ:QLYS – Get Rating) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,631 shares of the software maker’s stock, valued at approximately $232,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Evoke Wealth LLC acquired a new position in Qualys in the fourth quarter valued at approximately $41,000. Parallel Advisors LLC boosted its holdings in Qualys by 46.0% in the fourth quarter. Parallel Advisors LLC now owns 527 shares of the software maker’s stock valued at $72,000 after purchasing an additional 166 shares in the last quarter. Standard Family Office LLC acquired a new position in Qualys in the fourth quarter valued at approximately $79,000. National Bank of Canada FI acquired a new position in Qualys in the fourth quarter valued at approximately $157,000. Finally, Nisa Investment Advisors LLC boosted its holdings in Qualys by 37.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,275 shares of the software maker’s stock valued at $163,000 after purchasing an additional 350 shares in the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have recently weighed in on the company. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a report on Wednesday, June 22nd. Wedbush increased their price objective on Qualys from $146.00 to $160.00 and gave the company an “outperform” rating in a report on Thursday, April 14th. Finally, Wolfe Research assumed coverage on Qualys in a report on Monday, April 11th. They issued an “outperform” rating and a $162.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $131.25.
Qualys stock opened at $132.34 on Monday. Qualys, Inc. has a 12 month low of $97.01 and a 12 month high of $150.10. The business has a 50 day simple moving average of $126.73 and a 200-day simple moving average of $129.92. The stock has a market capitalization of $5.14 billion, a PE ratio of 54.69 and a beta of 0.75.
Qualys (NASDAQ:QLYS – Get Rating) last released its quarterly earnings results on Wednesday, May 4th. The software maker reported $0.64 EPS for the quarter, topping the consensus estimate of $0.53 by $0.11. Qualys had a return on equity of 22.91% and a net margin of 22.47%. The business had revenue of $113.40 million during the quarter, compared to analysts’ expectations of $112.98 million. During the same quarter in the prior year, the business earned ($0.01) earnings per share. The company’s quarterly revenue was up 17.1% compared to the same quarter last year. Sell-side analysts expect that Qualys, Inc. will post 2 EPS for the current fiscal year.
In other Qualys news, CEO Sumedh S. Thakar sold 2,793 shares of the stock in a transaction on Monday, April 18th. The stock was sold at an average price of $143.64, for a total value of $401,186.52. Following the completion of the transaction, the chief executive officer now owns 178,185 shares in the company, valued at $25,594,493.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sumedh S. Thakar sold 1,500 shares of the stock in a transaction on Thursday, April 14th. The stock was sold at an average price of $150.00, for a total value of $225,000.00. Following the completion of the transaction, the chief executive officer now owns 180,978 shares of the company’s stock, valued at approximately $27,146,700. The disclosure for this sale can be found here. Insiders have sold 71,038 shares of company stock valued at $9,304,167 in the last 90 days. Company insiders own 15.60% of the company’s stock.
Qualys Company Profile (Get Rating)
Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.
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