XTX Topco Ltd Boosts Holdings in Qualys, Inc. (NASDAQ:QLYS)

XTX Topco Ltd grew its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 38.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,824 shares of the software maker’s stock after purchasing an additional 1,065 shares during the period. XTX Topco Ltd’s holdings in Qualys were worth $545,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Rise Advisors LLC bought a new position in Qualys in the 1st quarter worth about $26,000. First Horizon Advisors Inc. raised its stake in Qualys by 294.7% in the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after purchasing an additional 168 shares in the last quarter. Sound Income Strategies LLC lifted its position in Qualys by 545.2% during the first quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after purchasing an additional 169 shares during the last quarter. DecisionPoint Financial LLC purchased a new position in Qualys in the 1st quarter worth approximately $34,000. Finally, UMB Bank n.a. increased its holdings in shares of Qualys by 149.0% in the 2nd quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock worth $34,000 after buying an additional 143 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Insiders Place Their Bets

In related news, insider Bruce K. Posey sold 1,330 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $123.80, for a total transaction of $164,654.00. Following the completion of the sale, the insider now owns 55,618 shares of the company’s stock, valued at $6,885,508.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Bruce K. Posey sold 1,330 shares of Qualys stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $123.80, for a total value of $164,654.00. Following the completion of the sale, the insider now directly owns 55,618 shares in the company, valued at $6,885,508.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $123.54, for a total transaction of $76,100.64. Following the sale, the chief financial officer now owns 86,576 shares of the company’s stock, valued at $10,695,599.04. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,535 shares of company stock valued at $1,609,023. 1.00% of the stock is currently owned by corporate insiders.

Qualys Price Performance

Shares of QLYS opened at $127.01 on Tuesday. Qualys, Inc. has a one year low of $119.32 and a one year high of $206.35. The company has a 50-day simple moving average of $130.33 and a two-hundred day simple moving average of $145.31. The firm has a market capitalization of $4.69 billion, a PE ratio of 29.40 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 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 the consensus estimate of $148.80 million. During the same period in the prior year, the firm earned $0.95 EPS. The company’s revenue was up 8.4% compared to the same quarter last year. Analysts expect that Qualys, Inc. will post 3.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on QLYS shares. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a report on Monday, August 5th. Northland Securities reiterated a “market perform” rating and issued a $140.00 price objective (down from $150.00) on shares of Qualys in a report on Wednesday, August 7th. TD Cowen dropped their target price on Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. StockNews.com cut shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Finally, Scotiabank lowered their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating for the company in a report on Wednesday, August 7th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Qualys currently has an average rating of “Hold” and a consensus price target of $147.83.

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.