Kestra Private Wealth Services LLC Buys 902 Shares of Qualys, Inc. (NASDAQ:QLYS)

Kestra Private Wealth Services LLC grew its stake in Qualys, Inc. (NASDAQ:QLYS) by 26.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,253 shares of the software maker’s stock after acquiring an additional 902 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Qualys were worth $596,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in QLYS. Fifth Third Bancorp boosted its holdings in Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after acquiring an additional 99 shares in the last quarter. Quarry LP boosted its holdings in Qualys by 56.2% in the third quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after acquiring an additional 158 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Qualys by 53.6% in the third quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock worth $82,000 after acquiring an additional 223 shares in the last quarter. Mendota Financial Group LLC bought a new position in shares of Qualys during the fourth quarter valued at $91,000. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Qualys by 68.6% during the third quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker’s stock valued at $94,000 after purchasing an additional 297 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total value of $941,430.00. Following the completion of the transaction, the chief executive officer now owns 225,453 shares of the company’s stock, valued at $30,321,173.97. This represents a 3.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Bruce K. Posey sold 8,555 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total value of $1,322,774.10. Following the transaction, the insider now directly owns 64,032 shares of the company’s stock, valued at approximately $9,900,627.84. The trade was a 11.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,288 shares of company stock valued at $4,209,716 over the last 90 days. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on QLYS shares. Loop Capital lowered their price target on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th. TD Cowen upped their price target on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a report on Wednesday, November 6th. Scotiabank lowered their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Finally, Morgan Stanley upped their price target on Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $146.57.

Qualys Stock Up 1.9 %

Shares of QLYS opened at $143.76 on Friday. The business has a 50-day simple moving average of $141.33 and a two-hundred day simple moving average of $135.37. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of 30.92 and a beta of 0.56. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $174.31.

Qualys (NASDAQ:QLYS) last issued its quarterly 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 39.64% and a net margin of 28.59%. On average, equities analysts anticipate that Qualys, Inc. will post 4.31 earnings per share for the current fiscal 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.