DekaBank Deutsche Girozentrale Has $2.82 Million Holdings in Qualys, Inc. (NASDAQ:QLYS)

DekaBank Deutsche Girozentrale trimmed its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,802 shares of the software maker’s stock after selling 774 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.05% of Qualys worth $2,816,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. BOKF NA lifted its holdings in Qualys by 181.4% during the 2nd quarter. BOKF NA now owns 5,211 shares of the software maker’s stock worth $743,000 after buying an additional 3,359 shares in the last quarter. Qsemble Capital Management LP acquired a new position in shares of Qualys during the second quarter valued at $332,000. American Century Companies Inc. boosted its holdings in Qualys by 10.5% in the second quarter. American Century Companies Inc. now owns 105,218 shares of the software maker’s stock valued at $15,004,000 after acquiring an additional 10,031 shares during the last quarter. Van Hulzen Asset Management LLC increased its position in Qualys by 46.2% in the second quarter. Van Hulzen Asset Management LLC now owns 22,200 shares of the software maker’s stock worth $3,166,000 after purchasing an additional 7,018 shares during the period. Finally, Van Berkom & Associates Inc. raised its holdings in Qualys by 1.3% during the 2nd quarter. Van Berkom & Associates Inc. now owns 372,338 shares of the software maker’s stock worth $53,095,000 after purchasing an additional 4,932 shares during the last quarter. 99.31% of the stock is owned by institutional investors.

Qualys Price Performance

NASDAQ:QLYS opened at $123.17 on Thursday. The business’s 50-day simple moving average is $131.38 and its 200-day simple moving average is $146.35. 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 $4.53 billion, a PE ratio of 28.51 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.20. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The firm had revenue of $148.70 million for the quarter, compared to analyst estimates of $148.80 million. During the same quarter in the previous year, the firm posted $0.95 earnings per share. The business’s revenue was up 8.4% on a year-over-year basis. On average, research analysts expect that Qualys, Inc. will post 3.94 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Joo Mi Kim sold 634 shares of the company’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $144.75, for a total transaction of $91,771.50. Following the completion of the transaction, the chief financial officer now directly owns 90,745 shares of the company’s stock, valued at $13,135,338.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Qualys news, CFO Joo Mi Kim sold 634 shares of the business’s stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $144.75, for a total value of $91,771.50. Following the sale, the chief financial officer now owns 90,745 shares in the company, valued at approximately $13,135,338.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bruce K. Posey sold 1,339 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the transaction, the insider now directly owns 58,947 shares of the company’s stock, valued at $8,450,052.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,205 shares of company stock worth $1,444,369. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on QLYS shares. Piper Sandler lowered their price target on shares of Qualys from $116.00 to $115.00 and set an “underweight” rating for the company in a research report on Wednesday, August 7th. Truist Financial lowered their target price on shares of Qualys from $165.00 to $130.00 and set a “hold” rating for the company in a report on Wednesday, August 7th. UBS Group cut their price target on Qualys from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. DA Davidson raised Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 7th. Finally, StockNews.com lowered Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $147.83.

Qualys 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.