AtonRa Partners Sells 250 Shares of Qualys, Inc. (NASDAQ:QLYS)

AtonRa Partners reduced its position in Qualys, Inc. (NASDAQ:QLYS) by 14.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,498 shares of the software maker’s stock after selling 250 shares during the quarter. AtonRa Partners’ holdings in Qualys were worth $294,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Qualys by 1.2% during the third quarter. Vanguard Group Inc. now owns 3,739,966 shares of the software maker’s stock worth $570,532,000 after acquiring an additional 45,867 shares in the last quarter. Congress Asset Management Co. MA raised its stake in Qualys by 5.0% during the third quarter. Congress Asset Management Co. MA now owns 1,137,107 shares of the software maker’s stock worth $173,466,000 after acquiring an additional 54,219 shares in the last quarter. Legal & General Group Plc raised its stake in Qualys by 1.5% during the third quarter. Legal & General Group Plc now owns 887,988 shares of the software maker’s stock worth $135,463,000 after acquiring an additional 12,794 shares in the last quarter. Northern Trust Corp increased its stake in shares of Qualys by 2.6% in the third quarter. Northern Trust Corp now owns 570,957 shares of the software maker’s stock valued at $87,099,000 after buying an additional 14,273 shares in the last quarter. Finally, FMR LLC increased its stake in shares of Qualys by 2.2% in the third quarter. FMR LLC now owns 517,735 shares of the software maker’s stock valued at $78,980,000 after buying an additional 10,946 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Qualys Stock Down 1.2 %

Shares of QLYS stock traded down $2.09 during trading on Monday, reaching $168.27. 305,973 shares of the company’s stock were exchanged, compared to its average volume of 455,990. The stock has a market capitalization of $6.22 billion, a PE ratio of 41.68 and a beta of 0.51. Qualys, Inc. has a twelve month low of $107.00 and a twelve month high of $206.35. The firm’s fifty day moving average price is $166.55 and its 200-day moving average price is $175.78.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.26. The business had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. As a group, analysts anticipate that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Analysts Set New Price Targets

QLYS has been the subject of a number of research reports. Royal Bank of Canada lowered their target price on Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research note on Thursday, February 8th. StockNews.com cut Qualys from a “buy” rating to a “hold” rating in a report on Sunday, April 21st. Truist Financial raised their price target on Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, January 16th. Wedbush reduced their target price on Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a report on Thursday, February 8th. Finally, TD Cowen began coverage on Qualys in a report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price on the stock. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Qualys has a consensus rating of “Hold” and a consensus target price of $154.57.

Insider Activity at Qualys

In other news, CEO Sumedh S. Thakar sold 4,120 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $167.62, for a total transaction of $690,594.40. Following the sale, the chief executive officer now directly owns 194,481 shares of the company’s stock, valued at approximately $32,598,905.22. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Sumedh S. Thakar sold 4,120 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $167.62, for a total transaction of $690,594.40. Following the sale, the chief executive officer now directly owns 194,481 shares of the company’s stock, valued at approximately $32,598,905.22. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 1,130 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $169.49, for a total value of $191,523.70. Following the sale, the chief financial officer now directly owns 96,734 shares in the company, valued at $16,395,445.66. The disclosure for this sale can be found here. Insiders sold 14,792 shares of company stock worth $2,455,489 in the last ninety days. 1.20% of the stock is owned by company insiders.

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.