Oppenheimer Asset Management Inc. Has $2.08 Million Position in Qualys, Inc. (NASDAQ:QLYS)

Oppenheimer Asset Management Inc. lifted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 5.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,587 shares of the software maker’s stock after buying an additional 802 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Qualys were worth $2,080,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Wallace Advisory Group LLC lifted its stake in Qualys by 4.0% in the 1st quarter. Wallace Advisory Group LLC now owns 1,646 shares of the software maker’s stock worth $275,000 after acquiring an additional 63 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of Qualys by 33.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 333 shares of the software maker’s stock worth $65,000 after purchasing an additional 83 shares in the last quarter. Covenant Partners LLC lifted its position in shares of Qualys by 3.5% in the fourth quarter. Covenant Partners LLC now owns 2,506 shares of the software maker’s stock worth $492,000 after purchasing an additional 84 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Qualys by 0.4% during the fourth quarter. Fisher Asset Management LLC now owns 23,700 shares of the software maker’s stock worth $4,652,000 after purchasing an additional 89 shares during the period. Finally, Bridge City Capital LLC grew its position in Qualys by 0.8% during the first quarter. Bridge City Capital LLC now owns 12,630 shares of the software maker’s stock valued at $2,108,000 after purchasing an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

NASDAQ QLYS opened at $124.32 on Wednesday. The stock has a 50-day simple moving average of $131.73 and a 200 day simple moving average of $146.51. Qualys, Inc. has a twelve month low of $119.32 and a twelve month high of $206.35. The stock has a market capitalization of $4.58 billion, a PE ratio of 28.78 and a beta of 0.46.

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on QLYS shares. Truist Financial decreased their target price on shares of Qualys from $165.00 to $130.00 and set a “hold” rating for the company in a research note on Wednesday, August 7th. Wedbush lowered their target price on Qualys from $190.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. DA Davidson raised Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 7th. Piper Sandler lowered their price target on Qualys from $116.00 to $115.00 and set an “underweight” rating for the company in a research note on Wednesday, August 7th. Finally, TD Cowen cut their price objective on shares of Qualys from $170.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, August 7th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Qualys currently has an average rating of “Hold” and a consensus price target of $147.83.

Insider Buying and Selling at Qualys

In other news, insider Bruce K. Posey sold 1,330 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $135.14, for a total transaction of $179,736.20. Following the transaction, the insider now owns 59,286 shares in the company, valued at approximately $8,011,910.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction dated Monday, July 22nd. The shares were 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 owns 58,947 shares in the company, valued at approximately $8,450,052.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bruce K. Posey sold 1,330 shares of Qualys stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $135.14, for a total transaction of $179,736.20. Following the completion of the transaction, the insider now owns 59,286 shares of the company’s stock, valued at approximately $8,011,910.04. The disclosure for this sale can be found here. Insiders sold a total of 11,535 shares of company stock valued at $1,624,105 in the last ninety days. Company insiders own 1.00% of the company’s stock.

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.