SG Americas Securities LLC Buys Shares of 2,524 Qualys, Inc. (QLYS)
SG Americas Securities LLC bought a new position in Qualys, Inc. (NASDAQ:QLYS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,524 shares of the software maker’s stock, valued at approximately $103,000.
A number of other hedge funds also recently modified their holdings of QLYS. LS Investment Advisors LLC grew its stake in Qualys by 226.3% in the 1st quarter. LS Investment Advisors LLC now owns 3,403 shares of the software maker’s stock worth $129,000 after acquiring an additional 2,360 shares in the last quarter. US Bancorp DE grew its stake in Qualys by 448.8% in the 1st quarter. US Bancorp DE now owns 3,743 shares of the software maker’s stock worth $142,000 after acquiring an additional 3,061 shares in the last quarter. Victory Capital Management Inc. grew its stake in Qualys by 131.6% in the 1st quarter. Victory Capital Management Inc. now owns 3,847 shares of the software maker’s stock worth $146,000 after acquiring an additional 2,186 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in Qualys in the 1st quarter worth about $205,000. Finally, BNP Paribas Arbitrage SA grew its stake in Qualys by 16.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 5,651 shares of the software maker’s stock worth $214,000 after acquiring an additional 786 shares in the last quarter. Institutional investors and hedge funds own 73.57% of the company’s stock.
In related news, Director Todd P. Headley sold 4,714 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $45.25, for a total value of $213,308.50. Following the completion of the sale, the director now owns 14,410 shares in the company, valued at approximately $652,052.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Amer Deeba sold 2,000 shares of the company’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $40.21, for a total transaction of $80,420.00. Following the completion of the sale, the vice president now owns 81,353 shares of the company’s stock, valued at approximately $3,271,204.13. The disclosure for this sale can be found here. In the last quarter, insiders sold 67,708 shares of company stock valued at $3,174,974. 30.20% of the stock is owned by insiders.
A number of brokerages have commented on QLYS. Imperial Capital restated an “outperform” rating and issued a $50.00 target price (up from $46.00) on shares of Qualys in a research note on Wednesday, August 9th. Royal Bank Of Canada reiterated a “hold” rating and set a $45.00 price objective on shares of Qualys in a research note on Monday, July 31st. BidaskClub downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. J P Morgan Chase & Co upgraded shares of Qualys from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $40.00 to $55.00 in a research note on Thursday, August 3rd. Finally, Northland Securities set a $48.00 price objective on shares of Qualys and gave the company a “buy” rating in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $45.45.
Qualys, Inc. (QLYS) opened at 52.90 on Thursday. Qualys, Inc. has a 12-month low of $30.60 and a 12-month high of $53.10. The stock has a market cap of $1.98 billion, a PE ratio of 51.76 and a beta of 0.89. The firm has a 50 day moving average of $47.01 and a 200-day moving average of $41.41.
Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, August 2nd. The software maker reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.08. Qualys had a net margin of 18.92% and a return on equity of 14.69%. The business had revenue of $55.30 million during the quarter, compared to analysts’ expectations of $54.87 million. During the same quarter in the prior year, the business posted $0.20 EPS. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, analysts expect that Qualys, Inc. will post $0.90 earnings per share for the current year.
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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