1,454 Shares in Qualys, Inc. (NASDAQ:QLYS) Purchased by MQS Management LLC

MQS Management LLC acquired a new position in Qualys, Inc. (NASDAQ:QLYS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,454 shares of the software maker’s stock, valued at approximately $207,000.

Several other institutional investors have also added to or reduced their stakes in the company. XTX Topco Ltd lifted its stake in shares of Qualys by 38.6% during the 2nd quarter. XTX Topco Ltd now owns 3,824 shares of the software maker’s stock worth $545,000 after acquiring an additional 1,065 shares during the last quarter. Seven Eight Capital LP increased its stake in Qualys by 306.8% in the second quarter. Seven Eight Capital LP now owns 10,108 shares of the software maker’s stock worth $1,441,000 after purchasing an additional 7,623 shares during the period. Hsbc Holdings PLC lifted its position in shares of Qualys by 85.1% during the second quarter. Hsbc Holdings PLC now owns 38,599 shares of the software maker’s stock worth $5,481,000 after purchasing an additional 17,742 shares during the last quarter. SkyOak Wealth LLC boosted its stake in shares of Qualys by 83.1% during the second quarter. SkyOak Wealth LLC now owns 5,041 shares of the software maker’s stock valued at $719,000 after purchasing an additional 2,288 shares during the period. Finally, Blair William & Co. IL grew its holdings in shares of Qualys by 2.1% in the second quarter. Blair William & Co. IL now owns 31,800 shares of the software maker’s stock worth $4,535,000 after purchasing an additional 642 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In other Qualys news, CFO Joo Mi Kim sold 616 shares of the stock in a transaction dated 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 sale, the chief financial officer now directly owns 86,576 shares in the company, valued at $10,695,599.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Qualys news, CFO Joo Mi Kim sold 616 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $123.54, for a total transaction of $76,100.64. Following the transaction, the chief financial officer now owns 86,576 shares in the company, valued at approximately $10,695,599.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Monday, July 15th. The stock was sold at an average price of $143.15, for a total transaction of $1,002,050.00. Following the sale, the chief executive officer now owns 186,601 shares of the company’s stock, valued at $26,711,933.15. The disclosure for this sale can be found here. Insiders have sold a total of 10,205 shares of company stock worth $1,444,369 in the last ninety days. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on QLYS shares. Scotiabank lowered their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 7th. Wedbush dropped their price objective on Qualys from $190.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research report on Wednesday, August 7th. Westpark Capital reissued a “hold” rating on shares of Qualys in a research report on Monday, August 5th. Finally, Northland Securities restated a “market perform” rating and issued a $140.00 price objective (down from $150.00) on shares of Qualys in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $147.83.

Qualys Stock Performance

NASDAQ:QLYS opened at $124.41 on Friday. The company’s 50-day simple moving average is $130.65 and its 200-day simple moving average is $145.75. Qualys, Inc. has a fifty-two week low of $119.32 and a fifty-two week high of $206.35. The stock has a market capitalization of $4.60 billion, a P/E ratio of 28.80 and a beta of 0.46.

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

Qualys Company 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.