Cetera Investment Advisers Has $1.42 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Cetera Investment Advisers lifted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 27.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,976 shares of the software maker’s stock after purchasing an additional 2,137 shares during the period. Cetera Investment Advisers’ holdings in Qualys were worth $1,423,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of QLYS. Integrated Advisors Network LLC acquired a new position in shares of Qualys during the fourth quarter worth $244,000. Goldman Sachs Group Inc. lifted its holdings in shares of Qualys by 121.9% during the fourth 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. Wellington Management Group LLP acquired a new position in shares of Qualys during the fourth quarter worth $18,844,000. Fisher Asset Management LLC raised its stake in Qualys by 0.4% during the fourth quarter. Fisher Asset Management LLC now owns 23,700 shares of the software maker’s stock worth $4,652,000 after buying an additional 89 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Qualys by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 3,756,297 shares of the software maker’s stock worth $737,286,000 after buying an additional 16,331 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Price Performance

Shares of NASDAQ QLYS opened at $126.03 on Wednesday. The stock has a market capitalization of $4.66 billion, a P/E ratio of 29.17 and a beta of 0.46. The company has a 50-day moving average price of $124.88 and a 200-day moving average price of $140.90. Qualys, Inc. has a 1 year low of $119.32 and a 1 year high of $206.35.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, August 6th. The software maker reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.20. The firm had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The business’s revenue was up 8.4% on a year-over-year basis. During the same period last year, the company earned $0.95 earnings per share. As a group, equities research analysts anticipate that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on QLYS. UBS Group lowered their target price on shares of 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 lowered their target price on shares of Qualys from $165.00 to $130.00 and set a “hold” 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. Westpark Capital reissued a “hold” rating on shares of Qualys in a research note on Monday, August 5th. Finally, Northland Securities reissued a “market perform” rating and set a $140.00 target price (down previously from $150.00) on shares of Qualys in a research note on Wednesday, August 7th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $147.00.

Insider Buying and Selling

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $125.21, for a total transaction of $876,470.00. Following the transaction, the chief executive officer now directly owns 179,649 shares in the company, valued at approximately $22,493,851.29. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Qualys news, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were 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 in the company, valued at $11,662,222.61. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $125.21, for a total transaction of $876,470.00. Following the completion of the transaction, the chief executive officer now owns 179,649 shares in the company, valued at approximately $22,493,851.29. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,535 shares of company stock worth $1,469,140. 1.00% of the stock is owned by insiders.

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.