Asset Management One Co. Ltd. Has $6.05 Million Position in Qualys, Inc. (NASDAQ:QLYS)

Asset Management One Co. Ltd. decreased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 3.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 43,229 shares of the software maker's stock after selling 1,709 shares during the period. Asset Management One Co. Ltd. owned approximately 0.12% of Qualys worth $6,045,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp raised its position in shares of Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock valued at $55,000 after acquiring an additional 99 shares during the period. Quarry LP increased its stake in Qualys by 56.2% in the third quarter. Quarry LP now owns 439 shares of the software maker's stock valued at $56,000 after purchasing an additional 158 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in Qualys by 53.6% in the third quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker's stock worth $82,000 after purchasing an additional 223 shares during the period. Mendota Financial Group LLC bought a new position in shares of Qualys during the fourth quarter worth $91,000. Finally, Advisors Asset Management Inc. boosted its position in shares of Qualys by 68.6% during the third quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker's stock worth $94,000 after purchasing an additional 297 shares in the last quarter. Institutional investors own 99.31% of the company's stock.

Insiders Place Their Bets

In other Qualys news, insider Bruce K. Posey sold 855 shares of the stock in a transaction on Friday, December 20th. The shares were sold at an average price of $142.24, for a total value of $121,615.20. Following the completion of the sale, the insider now owns 63,177 shares in the company, valued at $8,986,296.48. This trade represents a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $142.17, for a total transaction of $995,190.00. Following the transaction, the chief executive officer now owns 246,144 shares in the company, valued at $34,994,292.48. This represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 36,288 shares of company stock valued at $5,204,906 in the last 90 days. 1.00% of the stock is currently owned by insiders.

Qualys Stock Performance

Qualys stock traded down $3.20 during mid-day trading on Friday, reaching $136.20. The company's stock had a trading volume of 407,349 shares, compared to its average volume of 387,166. Qualys, Inc. has a 12 month low of $119.17 and a 12 month high of $174.31. The business's 50 day simple moving average is $140.56 and its 200 day simple moving average is $135.48. The company has a market capitalization of $4.98 billion, a price-to-earnings ratio of 29.29 and a beta of 0.56.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. As a group, sell-side analysts expect that Qualys, Inc. will post 3.85 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on QLYS. DA Davidson upped their price objective on shares of Qualys from $120.00 to $147.00 and gave the company a "neutral" rating in a research report on Wednesday, November 6th. Jefferies Financial Group increased their price target on Qualys from $135.00 to $155.00 and gave the stock a "hold" rating in a report on Wednesday, November 6th. Scotiabank cut their price objective on Qualys from $150.00 to $140.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. Royal Bank of Canada decreased their price objective on Qualys from $162.00 to $135.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. Finally, Loop Capital dropped their target price on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $146.57.

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.