American Century Companies Inc. Has $11.66 Million Position in Qualys, Inc. (NASDAQ:QLYS)

American Century Companies Inc. reduced its holdings in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 83,134 shares of the software maker's stock after selling 5,442 shares during the quarter. American Century Companies Inc. owned approximately 0.23% of Qualys worth $11,657,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its holdings in Qualys by 21.5% in the third quarter. FMR LLC now owns 57,399 shares of the software maker's stock worth $7,374,000 after acquiring an additional 10,170 shares during the last quarter. BNP Paribas Financial Markets increased its position in Qualys by 6.8% in the third quarter. BNP Paribas Financial Markets now owns 63,320 shares of the software maker's stock worth $8,134,000 after buying an additional 4,040 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Qualys by 7.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,081 shares of the software maker's stock valued at $3,993,000 after buying an additional 2,243 shares during the last quarter. Verition Fund Management LLC boosted its holdings in shares of Qualys by 54.9% during the third quarter. Verition Fund Management LLC now owns 6,199 shares of the software maker's stock valued at $796,000 after acquiring an additional 2,197 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Qualys during the third quarter valued at $2,991,000. 99.31% of the stock is owned by institutional investors and hedge funds.

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Insider Activity

In other news, insider Bruce K. Posey sold 524 shares of Qualys stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $129.38, for a total value of $67,795.12. Following the completion of the transaction, the insider now owns 65,053 shares in the company, valued at approximately $8,416,557.14. The trade was a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total value of $941,430.00. Following the completion of the transaction, the chief executive officer now owns 225,453 shares of the company's stock, valued at approximately $30,321,173.97. The trade was a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,595 shares of company stock worth $3,691,922. Company insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Morgan Stanley assumed coverage on shares of Qualys in a research report on Tuesday, March 18th. They issued an "underweight" rating and a $120.00 price objective on the stock. Needham & Company LLC reiterated a "hold" rating on shares of Qualys in a research report on Monday, February 10th. StockNews.com lowered Qualys from a "buy" rating to a "hold" rating in a report on Friday. Canaccord Genuity Group cut their price objective on shares of Qualys from $170.00 to $163.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Finally, Jefferies Financial Group reduced their price target on shares of Qualys from $145.00 to $130.00 and set a "hold" rating for the company in a research note on Monday, March 31st. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $144.36.

Qualys Trading Down 3.8 %

Qualys stock traded down $4.68 on Friday, reaching $118.59. 542,215 shares of the stock were exchanged, compared to its average volume of 396,454. The firm has a fifty day moving average price of $133.80 and a two-hundred day moving average price of $136.49. Qualys, Inc. has a twelve month low of $116.67 and a twelve month high of $174.20. The stock has a market cap of $4.33 billion, a PE ratio of 25.50 and a beta of 0.71.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data 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 return on equity of 38.52% and a net margin of 28.59%. Equities analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Qualys Company 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.