International Assets Investment Management LLC Buys 1,530 Shares of Qualys, Inc. (NASDAQ:QLYS)

International Assets Investment Management LLC increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 12,750.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,542 shares of the software maker’s stock after acquiring an additional 1,530 shares during the quarter. International Assets Investment Management LLC’s holdings in Qualys were worth $198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. DekaBank Deutsche Girozentrale boosted its stake in shares of Qualys by 36.6% during the first quarter. DekaBank Deutsche Girozentrale now owns 20,576 shares of the software maker’s stock valued at $3,374,000 after purchasing an additional 5,508 shares during the period. SG Americas Securities LLC boosted its position in Qualys by 2,459.9% during the 2nd quarter. SG Americas Securities LLC now owns 43,135 shares of the software maker’s stock valued at $6,151,000 after buying an additional 41,450 shares during the period. Illinois Municipal Retirement Fund bought a new stake in Qualys in the 1st quarter worth $1,139,000. CANADA LIFE ASSURANCE Co grew its holdings in Qualys by 13.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 108,304 shares of the software maker’s stock worth $18,048,000 after acquiring an additional 12,915 shares during the last quarter. Finally, ProShare Advisors LLC increased its position in shares of Qualys by 57.7% in the second quarter. ProShare Advisors LLC now owns 13,672 shares of the software maker’s stock valued at $1,950,000 after acquiring an additional 5,004 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on QLYS shares. DA Davidson increased their target price on shares of Qualys from $120.00 to $147.00 and gave the stock a “neutral” rating in a report on Wednesday. TD Cowen lifted their price objective on Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday. UBS Group boosted their target price on Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research note on Wednesday. Finally, Needham & Company LLC assumed coverage on shares of Qualys in a research report on Wednesday. They set a “hold” rating on the stock. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Qualys currently has an average rating of “Hold” and a consensus price target of $152.80.

Insider Transactions at Qualys

In other news, insider Bruce K. Posey sold 1,339 shares of the firm’s stock in a transaction on Monday, October 21st. The stock was sold at an average price of $123.56, for a total transaction of $165,446.84. Following the completion of the transaction, the insider now directly owns 55,279 shares in the company, valued at $6,830,273.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $123.56, for a total transaction of $165,446.84. Following the sale, the insider now directly owns 55,279 shares of the company’s stock, valued at approximately $6,830,273.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the firm’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 sale, the chief executive officer now owns 179,649 shares of the company’s stock, valued at approximately $22,493,851.29. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,919 shares of company stock valued at $1,360,140. Insiders own 1.00% of the company’s stock.

Qualys Stock Performance

Shares of NASDAQ QLYS opened at $159.23 on Thursday. The company has a 50 day simple moving average of $124.93 and a two-hundred day simple moving average of $136.32. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $206.35. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 35.07 and a beta of 0.47.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data 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. The company had revenue of $148.70 million during the quarter, compared to analyst estimates of $148.80 million. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter last year, the company earned $0.95 EPS. On average, analysts forecast that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

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.