Qualys, Inc. (NASDAQ:QLYS) Shares Acquired by Blair William & Co. IL

Blair William & Co. IL increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,800 shares of the software maker’s stock after acquiring an additional 642 shares during the period. Blair William & Co. IL owned approximately 0.09% of Qualys worth $4,535,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QLYS. Goldman Sachs Group Inc. grew its stake in shares of Qualys by 121.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 360,294 shares of the software maker’s stock worth $70,719,000 after purchasing an additional 197,911 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Qualys by 50.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 501,847 shares of the software maker’s stock valued at $83,743,000 after buying an additional 169,293 shares in the last quarter. Jupiter Asset Management Ltd. lifted its position in shares of Qualys by 169.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 245,522 shares of the software maker’s stock valued at $40,970,000 after acquiring an additional 154,492 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Qualys by 95.7% during the 2nd quarter. Acadian Asset Management LLC now owns 286,005 shares of the software maker’s stock worth $40,771,000 after acquiring an additional 139,897 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Qualys in the 4th quarter worth approximately $18,844,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analyst Ratings Changes

QLYS has been the subject of several research reports. StockNews.com cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday, August 3rd. Royal Bank of Canada cut their price target on Qualys from $180.00 to $150.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. DA Davidson raised shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 7th. Needham & Company LLC restated a “hold” rating on shares of Qualys in a research report on Wednesday, August 7th. Finally, Wedbush lowered their price target on shares of Qualys from $190.00 to $160.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Three equities 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $147.83.

Qualys Stock Performance

Shares of QLYS opened at $124.41 on Friday. Qualys, Inc. has a fifty-two week low of $119.32 and a fifty-two week high of $206.35. The stock has a fifty day moving average of $130.65 and a two-hundred day moving average of $145.75. The company has a market capitalization of $4.60 billion, a PE ratio of 28.80 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.20. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The firm had revenue of $148.70 million for the quarter, compared to the consensus estimate of $148.80 million. During the same period in the prior year, the business posted $0.95 earnings per share. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, equities research analysts forecast that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Insider Transactions at Qualys

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $143.15, for a total value of $1,002,050.00. Following the completion of the sale, the chief executive officer now directly owns 186,601 shares in the company, valued at $26,711,933.15. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CFO Joo Mi Kim sold 616 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $133.93, for a total value of $82,500.88. Following the transaction, the chief financial officer now directly owns 87,077 shares of the company’s stock, valued at approximately $11,662,222.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Monday, July 15th. The shares were sold at an average price of $143.15, for a total value of $1,002,050.00. Following the completion of the transaction, the chief executive officer now owns 186,601 shares in the company, valued at approximately $26,711,933.15. The disclosure for this sale can be found here. Insiders have sold a total of 10,205 shares of company stock worth $1,444,369 in the last three months. Company insiders own 1.00% of the company’s stock.

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.