Swiss National Bank Boosts Stake in Qualys, Inc. (QLYS)
Swiss National Bank raised its stake in Qualys, Inc. (NASDAQ:QLYS) by 10.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,500 shares of the software maker’s stock after acquiring an additional 5,000 shares during the quarter. Swiss National Bank owned approximately 0.14% of Qualys worth $2,101,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Prudential Financial Inc. lifted its holdings in shares of Qualys by 1.9% in the first quarter. Prudential Financial Inc. now owns 53,220 shares of the software maker’s stock worth $2,017,000 after acquiring an additional 1,010 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Qualys by 157,222.3% in the first quarter. BlackRock Inc. now owns 3,365,124 shares of the software maker’s stock worth $127,537,000 after acquiring an additional 3,362,985 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Qualys by 11.1% in the first quarter. PNC Financial Services Group Inc. now owns 62,116 shares of the software maker’s stock worth $2,354,000 after acquiring an additional 6,221 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in shares of Qualys by 2.6% in the second quarter. Neuberger Berman Group LLC now owns 2,264,080 shares of the software maker’s stock worth $92,374,000 after acquiring an additional 57,088 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in shares of Qualys in the first quarter worth about $281,000. 73.57% of the stock is owned by hedge funds and other institutional investors.
In other Qualys news, Director Jeffrey P. Hank sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $46.10, for a total value of $115,250.00. Following the completion of the sale, the director now owns 8,655 shares in the company, valued at $398,995.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Sumedh S. Thakar sold 1,800 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of $40.67, for a total value of $73,206.00. Following the completion of the sale, the insider now owns 138,631 shares of the company’s stock, valued at approximately $5,638,122.77. The disclosure for this sale can be found here. Insiders sold 67,708 shares of company stock valued at $3,198,874 in the last quarter. Corporate insiders own 30.20% of the company’s stock.
A number of research analysts have recently commented on the stock. Imperial Capital reissued an “outperform” rating and issued a $50.00 target price (up previously from $46.00) on shares of Qualys in a report on Wednesday, August 9th. Royal Bank Of Canada reissued a “hold” rating and issued a $45.00 target price on shares of Qualys in a report on Monday, July 31st. BidaskClub cut shares of Qualys from a “buy” rating to a “hold” rating in a report on Monday, July 31st. J P Morgan Chase & Co raised shares of Qualys from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $40.00 to $55.00 in a report on Thursday, August 3rd. Finally, Northland Securities set a $48.00 target price on shares of Qualys and gave the stock a “buy” rating in a report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $45.45.
Qualys, Inc. (NASDAQ:QLYS) opened at 52.90 on Thursday. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 51.76 and a beta of 0.91. Qualys, Inc. has a one year low of $30.60 and a one year high of $53.55. The company has a 50-day moving average of $49.38 and a 200-day moving average of $42.74.
Qualys (NASDAQ:QLYS) last released its earnings results on Wednesday, August 2nd. The software maker reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.08. The company had revenue of $55.30 million during the quarter, compared to the consensus estimate of $54.87 million. Qualys had a return on equity of 14.69% and a net margin of 18.92%. Qualys’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. Equities research analysts expect that Qualys, Inc. will post $0.90 EPS for the current fiscal 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.
Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYS).
Receive News & Stock Ratings for Qualys Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys Inc. and related stocks with our FREE daily email newsletter.