Charles Schwab Investment Management Inc. Has $64.02 Million Holdings in Qualys, Inc. (NASDAQ:QLYS)

Charles Schwab Investment Management Inc. boosted its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 456,540 shares of the software maker’s stock after buying an additional 3,848 shares during the period. Charles Schwab Investment Management Inc. owned about 1.25% of Qualys worth $64,016,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in shares of Qualys by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock valued at $160,957,000 after purchasing an additional 20,038 shares during the period. Boston Trust Walden Corp increased its holdings in shares of Qualys by 13.3% in the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock valued at $147,178,000 after purchasing an additional 123,530 shares during the period. CDAM UK Ltd increased its holdings in shares of Qualys by 8.3% in the 3rd 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 period. Penserra Capital Management LLC increased its holdings in shares of Qualys by 8.3% in the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock valued at $48,043,000 after purchasing an additional 28,802 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Qualys by 1,386.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock valued at $49,876,000 after purchasing an additional 331,766 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Down 0.7 %

Shares of Qualys stock opened at $123.09 on Thursday. The stock has a market capitalization of $4.49 billion, a P/E ratio of 26.47 and a beta of 0.56. The stock has a 50 day moving average price of $137.19 and a two-hundred day moving average price of $135.98. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.31.

Qualys (NASDAQ:QLYS) last announced its earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 38.52% and a net margin of 28.59%. Sell-side analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on QLYS shares. Loop Capital dropped their target price on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th. Royal Bank of Canada lowered their price target on Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Canaccord Genuity Group lowered their price target on Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Northland Securities reissued a “market perform” rating and issued a $146.00 price target (down previously from $150.00) on shares of Qualys in a research note on Monday, February 10th. Finally, StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $146.57.

Insider Activity

In related news, insider Bruce K. Posey sold 525 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $139.48, for a total value of $73,227.00. Following the completion of the transaction, the insider now directly owns 65,373 shares in the company, valued at approximately $9,118,226.04. This represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction on Tuesday, January 14th. The shares were 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. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,926 shares of company stock valued at $3,745,742. 1.00% of the stock is owned by company insiders.

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.