Quarry LP Buys New Position in Qualys, Inc. (NASDAQ:QLYS)

Quarry LP bought a new stake in Qualys, Inc. (NASDAQ:QLYS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 281 shares of the software maker’s stock, valued at approximately $40,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Qualys by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker’s stock valued at $640,748,000 after buying an additional 83,504 shares in the last quarter. Boston Trust Walden Corp grew its position in Qualys by 9.8% in the 2nd quarter. Boston Trust Walden Corp now owns 809,014 shares of the software maker’s stock valued at $115,365,000 after buying an additional 72,261 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Qualys by 50.9% in the 1st 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. Renaissance Technologies LLC lifted its holdings in Qualys by 15.3% in the 2nd quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker’s stock valued at $67,607,000 after acquiring an additional 63,000 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Qualys by 0.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker’s stock valued at $62,663,000 after purchasing an additional 3,357 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling at Qualys

In other Qualys news, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $123.54, for a total value of $76,100.64. Following the transaction, the chief financial officer now owns 86,576 shares in the company, valued at $10,695,599.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Bruce K. Posey sold 1,339 shares of the company’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the completion of the sale, the insider now owns 58,947 shares in the company, valued at approximately $8,450,052.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Joo Mi Kim sold 616 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $123.54, for a total value of $76,100.64. Following the sale, the chief financial officer now owns 86,576 shares of the company’s stock, valued at approximately $10,695,599.04. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,901 shares of company stock worth $1,517,251 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on QLYS. DA Davidson raised shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 7th. UBS Group reduced their price objective on Qualys from $170.00 to $140.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Truist Financial cut their target price on Qualys from $165.00 to $130.00 and set a “hold” rating on the stock in a research report on Wednesday, August 7th. Northland Securities reaffirmed a “market perform” rating and set a $140.00 target price (down from $150.00) on shares of Qualys in a research report on Wednesday, August 7th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Qualys currently has an average rating of “Hold” and a consensus target price of $147.83.

Qualys Trading Up 1.0 %

NASDAQ:QLYS opened at $127.13 on Friday. The business’s fifty day moving average price is $127.01 and its 200 day moving average price is $142.83. Qualys, Inc. has a 1-year low of $119.32 and a 1-year high of $206.35. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 29.43 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, August 6th. The software maker reported $1.52 EPS for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company posted $0.95 earnings per share. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. Equities analysts forecast that Qualys, Inc. will post 3.94 earnings per share for the current year.

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.