Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Caprock Group LLC

Caprock Group LLC lowered its holdings in Qualys, Inc. (NASDAQ:QLYS) by 25.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,155 shares of the software maker’s stock after selling 723 shares during the period. Caprock Group LLC’s holdings in Qualys were worth $302,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its stake in Qualys by 1,386.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock worth $49,876,000 after buying an additional 331,766 shares during the period. Boston Trust Walden Corp grew its stake in shares of Qualys by 14.5% during the third quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker’s stock valued at $118,966,000 after acquiring an additional 117,079 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Qualys by 208.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock worth $11,072,000 after acquiring an additional 58,252 shares during the last quarter. Barclays PLC lifted its stake in shares of Qualys by 101.8% in the third quarter. Barclays PLC now owns 112,214 shares of the software maker’s stock worth $14,415,000 after acquiring an additional 56,613 shares in the last quarter. Finally, CDAM UK Ltd boosted its holdings in Qualys by 8.3% in the third quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

QLYS has been the topic of a number of recent analyst reports. Royal Bank of Canada upped their target price on Qualys from $150.00 to $162.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 6th. UBS Group upped their price target on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a report on Thursday. Truist Financial upped their target price on shares of Qualys from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Finally, Morgan Stanley lifted their price target on Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Qualys has a consensus rating of “Hold” and a consensus target price of $152.80.

Insider Activity

In other news, insider Bruce K. Posey sold 855 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $142.24, for a total transaction of $121,615.20. Following the sale, the insider now owns 63,177 shares in the company, valued at $8,986,296.48. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at $30,321,173.97. This represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,259 shares of company stock worth $4,578,153. Insiders own 1.00% of the company’s stock.

Qualys Stock Down 3.6 %

Shares of QLYS stock opened at $140.71 on Friday. The stock has a 50-day simple moving average of $143.69 and a 200 day simple moving average of $135.66. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $182.45. The stock has a market capitalization of $5.15 billion, a P/E ratio of 30.99 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last released its earnings results on Thursday, February 6th. The software maker reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 40.24% and a net margin of 28.72%. On average, sell-side analysts anticipate that Qualys, Inc. will post 4.34 earnings per share 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.