1,850 Shares in Qualys, Inc. (NASDAQ:QLYS) Acquired by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Qualys, Inc. (NASDAQ:QLYS) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,850 shares of the software maker’s stock, valued at approximately $363,000.

Several other hedge funds have also modified their holdings of QLYS. HighTower Advisors LLC raised its holdings in shares of Qualys by 3.9% during the 1st quarter. HighTower Advisors LLC now owns 8,057 shares of the software maker’s stock worth $1,155,000 after acquiring an additional 303 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Qualys by 70.1% during the 1st quarter. Bank of Montreal Can now owns 5,721 shares of the software maker’s stock worth $822,000 after acquiring an additional 2,358 shares in the last quarter. Panagora Asset Management Inc. purchased a new stake in shares of Qualys during the 1st quarter worth approximately $1,224,000. Rhumbline Advisers raised its holdings in shares of Qualys by 2.1% during the 1st quarter. Rhumbline Advisers now owns 91,561 shares of the software maker’s stock worth $13,039,000 after acquiring an additional 1,904 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Qualys by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,237 shares of the software maker’s stock worth $1,743,000 after acquiring an additional 1,167 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

Qualys Stock Down 0.4 %

Shares of Qualys stock opened at $162.11 on Thursday. Qualys, Inc. has a 52 week low of $107.00 and a 52 week high of $206.35. The stock’s fifty day moving average is $166.74 and its two-hundred day moving average is $175.13. The company has a market capitalization of $5.99 billion, a PE ratio of 40.28 and a beta of 0.51.

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

Wall Street Analysts Forecast Growth

QLYS has been the topic of several recent research reports. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a report on Saturday, April 13th. Wedbush cut their target price on Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a research report on Thursday, February 8th. Royal Bank of Canada cut their target price on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 8th. TD Cowen assumed coverage on Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price on Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research report on Thursday, February 8th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $153.23.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 4,034 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $163.96, for a total transaction of $661,414.64. Following the transaction, the chief executive officer now owns 193,608 shares of the company’s stock, valued at approximately $31,743,967.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Sumedh S. Thakar sold 4,120 shares of the company’s 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 completion of the sale, the chief executive officer now directly owns 194,481 shares in the company, valued at approximately $32,598,905.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 4,034 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $163.96, for a total value of $661,414.64. Following the sale, the chief executive officer now owns 193,608 shares of the company’s stock, valued at $31,743,967.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,349 shares of company stock valued at $2,411,812. 1.20% of the stock is currently owned by corporate 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.