113,658 Shares in Qualys, Inc. (NASDAQ:QLYS) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 113,658 shares of the software maker’s stock, valued at approximately $15,937,000. Raymond James Financial Inc. owned approximately 0.31% of Qualys at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in QLYS. KBC Group NV raised its stake in Qualys by 21.6% during the 3rd quarter. KBC Group NV now owns 1,091 shares of the software maker’s stock valued at $140,000 after acquiring an additional 194 shares in the last quarter. Natixis Advisors LLC raised its stake in Qualys by 6.5% during the 3rd quarter. Natixis Advisors LLC now owns 29,428 shares of the software maker’s stock valued at $3,780,000 after acquiring an additional 1,793 shares in the last quarter. Pathstone Holdings LLC raised its stake in Qualys by 8.8% during the 3rd quarter. Pathstone Holdings LLC now owns 10,650 shares of the software maker’s stock valued at $1,368,000 after acquiring an additional 858 shares in the last quarter. Banque Cantonale Vaudoise raised its stake in Qualys by 6.3% during the 3rd quarter. Banque Cantonale Vaudoise now owns 13,886 shares of the software maker’s stock valued at $1,784,000 after acquiring an additional 823 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in Qualys by 208.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock valued at $11,072,000 after acquiring an additional 58,252 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Activity

In related news, insider Bruce K. Posey sold 855 shares of Qualys stock in a transaction on Friday, December 20th. The stock was sold at an average price of $142.24, for a total transaction of $121,615.20. Following the completion of the sale, the insider now owns 63,177 shares of the company’s stock, valued at approximately $8,986,296.48. This trade represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys 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 sale, the chief executive officer now directly owns 225,453 shares of the company’s stock, valued at approximately $30,321,173.97. The trade was a 3.01 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 26,926 shares of company stock worth $3,745,742. 1.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on QLYS. Loop Capital lowered their price target on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a research report on Friday, February 7th. Scotiabank lowered their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Northland Securities reiterated a “market perform” rating and set a $146.00 price target (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. Canaccord Genuity Group lowered their price target on Qualys from $170.00 to $163.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Finally, Morgan Stanley began coverage on Qualys in a research report on Tuesday. They set an “underweight” rating and a $120.00 price target on the stock. Two equities 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $146.14.

Qualys Trading Up 0.1 %

Shares of QLYS stock opened at $130.61 on Wednesday. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.20. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 28.09 and a beta of 0.56. The stock’s fifty day simple moving average is $136.27 and its 200-day simple moving average is $136.11.

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

About Qualys

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.