Qsemble Capital Management LP Invests $332,000 in Qualys, Inc. (NASDAQ:QLYS)

Qsemble Capital Management LP purchased a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,331 shares of the software maker’s stock, valued at approximately $332,000.

Several other hedge funds have also recently bought and sold shares of the business. Principal Securities Inc. purchased a new stake in shares of Qualys in the fourth quarter worth approximately $129,000. Dimensional Fund Advisors LP increased its stake in Qualys by 3.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker’s stock valued at $145,095,000 after buying an additional 21,439 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in Qualys by 5.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,004 shares of the software maker’s stock worth $982,000 after buying an additional 250 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Qualys by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 151,120 shares of the software maker’s stock valued at $29,662,000 after buying an additional 4,532 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of Qualys by 35.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 5,096 shares of the software maker’s stock valued at $1,000,000 after acquiring an additional 1,330 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Royal Bank of Canada reduced their price objective on Qualys from $180.00 to $150.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 7th. Northland Securities reiterated a “market perform” rating and set a $140.00 price target (down from $150.00) on shares of Qualys in a report on Wednesday, August 7th. Needham & Company LLC restated a “hold” rating on shares of Qualys in a report on Wednesday, August 7th. TD Cowen reduced their target price on shares of Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a research note on Wednesday, August 7th. Finally, DA Davidson upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 7th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $147.83.

Insider Buying and Selling

In other Qualys news, CFO Joo Mi Kim sold 616 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $123.54, for a total value of $76,100.64. Following the sale, the chief financial officer now directly owns 86,576 shares in the company, valued at approximately $10,695,599.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Bruce K. Posey sold 1,339 shares of the company’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total value of $191,945.65. Following the completion of the transaction, the insider now directly owns 58,947 shares in the company, valued at $8,450,052.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 616 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $123.54, for a total value of $76,100.64. Following the completion of the transaction, the chief financial officer now directly owns 86,576 shares of the company’s stock, valued at $10,695,599.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,535 shares of company stock valued at $1,624,105. 1.00% of the stock is owned by company insiders.

Qualys Stock Performance

Shares of NASDAQ:QLYS opened at $126.22 on Friday. The stock’s 50-day moving average is $132.34 and its 200-day moving average is $147.42. The company has a market cap of $4.65 billion, a P/E ratio of 29.22 and a beta of 0.46. Qualys, Inc. has a 52-week low of $119.32 and a 52-week high of $206.35.

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

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.