Qualys, Inc. (NASDAQ:QLYS) Shares Purchased by Fmr LLC

FMR LLC raised its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 21.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,399 shares of the software maker's stock after purchasing an additional 10,170 shares during the period. FMR LLC owned 0.16% of Qualys worth $7,374,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QLYS. Boston Trust Walden Corp boosted its holdings in Qualys by 14.5% in the third quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker's stock worth $118,966,000 after acquiring an additional 117,079 shares in the last quarter. CDAM UK Ltd raised its position in shares of Qualys by 8.3% in the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker's stock valued at $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Qualys by 15.3% in the 2nd quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker's stock worth $67,607,000 after purchasing an additional 63,000 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Qualys by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker's stock worth $62,663,000 after purchasing an additional 3,357 shares in the last quarter. Finally, Penserra Capital Management LLC grew its position in Qualys by 8.3% during the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker's stock worth $48,043,000 after purchasing an additional 28,802 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Qualys Stock Performance

Shares of Qualys stock traded down $4.45 on Friday, hitting $147.54. The company's stock had a trading volume of 253,439 shares, compared to its average volume of 435,054. The company has a market capitalization of $5.40 billion, a price-to-earnings ratio of 33.48 and a beta of 0.54. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $206.35. The firm has a fifty day moving average price of $139.55 and a 200-day moving average price of $135.61.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The business had revenue of $153.87 million during the quarter, compared to analysts' expectations of $150.74 million. During the same period in the previous year, the business earned $1.24 earnings per share. The business's revenue was up 8.4% compared to the same quarter last year. As a group, analysts forecast that Qualys, Inc. will post 4.34 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently commented on QLYS. Morgan Stanley lifted their price objective on shares of Qualys from $123.00 to $126.00 and gave the stock an "underweight" rating in a research note on Wednesday, November 6th. Westpark Capital reaffirmed a "hold" rating on shares of Qualys in a research report on Wednesday, November 6th. Jefferies Financial Group increased their price objective on Qualys from $135.00 to $155.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. Needham & Company LLC initiated coverage on Qualys in a research note on Wednesday, November 6th. They issued a "hold" rating for the company. Finally, Canaccord Genuity Group increased their price target on shares of Qualys from $160.00 to $170.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Qualys presently has an average rating of "Hold" and an average target price of $152.80.

Insider Activity at Qualys

In related news, insider Bruce K. Posey sold 1,330 shares of the business's stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $123.80, for a total transaction of $164,654.00. Following the transaction, the insider now directly owns 55,618 shares in the company, valued at approximately $6,885,508.40. The trade was a 2.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Jeffrey P. Hank sold 4,000 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $146.31, for a total transaction of $585,240.00. Following the completion of the sale, the director now owns 12,666 shares of the company's stock, valued at approximately $1,853,162.46. The trade was a 24.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,190 shares of company stock valued at $4,449,290. 1.00% of the stock is owned by corporate insiders.

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.