Qualys, Inc. (NASDAQ:QLYS) Holdings Decreased by Yousif Capital Management LLC

Yousif Capital Management LLC cut its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,853 shares of the software maker’s stock after selling 582 shares during the quarter. Yousif Capital Management LLC’s holdings in Qualys were worth $1,802,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in QLYS. Financial Enhancement Group LLC lifted its position in shares of Qualys by 1.5% in the 3rd quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock worth $784,000 after buying an additional 91 shares during the last quarter. Fifth Third Bancorp raised its stake in Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after acquiring an additional 99 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Qualys by 12.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker’s stock worth $153,000 after acquiring an additional 123 shares during the last quarter. West Coast Financial LLC boosted its stake in Qualys by 0.6% in the fourth quarter. West Coast Financial LLC now owns 23,323 shares of the software maker’s stock valued at $3,270,000 after acquiring an additional 146 shares during the period. Finally, Quarry LP grew its holdings in shares of Qualys by 56.2% during the third quarter. Quarry LP now owns 439 shares of the software maker’s stock valued at $56,000 after purchasing an additional 158 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Loop Capital reduced their price objective on Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, February 7th. Scotiabank reduced their price target on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Canaccord Genuity Group dropped their price objective on shares of Qualys from $170.00 to $163.00 and set a “buy” rating on the stock in a report on Friday, February 7th. DA Davidson upped their target price on shares of Qualys from $120.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Finally, StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $146.57.

Qualys Stock Down 0.3 %

NASDAQ:QLYS opened at $137.32 on Wednesday. The business’s 50-day moving average price is $142.69 and its 200 day moving average price is $135.49. The firm has a market cap of $5.02 billion, a P/E ratio of 29.53 and a beta of 0.56. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 39.64%. Sell-side analysts expect that Qualys, Inc. will post 4.31 EPS for the current year.

Insider Activity

In other news, Director Jeffrey P. Hank sold 4,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $146.31, for a total value of $585,240.00. Following the completion of the sale, the director now owns 12,666 shares of the company’s stock, valued at $1,853,162.46. This trade represents a 24.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $149.66, for a total value of $1,047,620.00. Following the transaction, the chief executive officer now directly owns 225,453 shares in the company, valued at $33,741,295.98. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,746 shares of company stock valued at $5,206,333 over the last three months. 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.