Jupiter Asset Management Ltd. Sells 142,923 Shares of Qualys, Inc. (NASDAQ:QLYS)

Jupiter Asset Management Ltd. lessened its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 61.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,213 shares of the software maker's stock after selling 142,923 shares during the period. Jupiter Asset Management Ltd. owned about 0.24% of Qualys worth $12,369,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new position in Qualys during the 4th quarter valued at approximately $28,000. Catalyst Capital Advisors LLC bought a new position in Qualys during the 4th quarter valued at approximately $39,000. Fifth Third Bancorp raised its position in Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock valued at $55,000 after purchasing an additional 99 shares during the last quarter. Quarry LP raised its position in Qualys by 56.2% during the 3rd quarter. Quarry LP now owns 439 shares of the software maker's stock valued at $56,000 after purchasing an additional 158 shares during the last quarter. Finally, Mendota Financial Group LLC bought a new position in Qualys during the 4th quarter valued at approximately $91,000. Institutional investors own 99.31% of the company's stock.

Qualys Stock Down 0.7 %

Qualys stock opened at $123.09 on Thursday. The company has a market capitalization of $4.49 billion, a P/E ratio of 26.47 and a beta of 0.56. The stock's 50 day moving average is $137.19 and its 200 day moving average is $135.98. Qualys, Inc. has a twelve month low of $119.17 and a twelve month high of $174.31.

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

Insider Buying and Selling at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total transaction of $941,430.00. Following the sale, the chief executive officer now directly owns 225,453 shares in the company, valued at approximately $30,321,173.97. This trade represents a 3.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 sale, the insider now owns 63,177 shares in the company, valued at approximately $8,986,296.48. This represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,926 shares of company stock worth $3,745,742. Insiders own 1.00% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on QLYS. Northland Securities reaffirmed a "market perform" rating and set a $146.00 price target (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. Loop Capital lowered their price target on Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a research report on Friday, February 7th. Royal Bank of Canada lowered their price target 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. Scotiabank decreased their target price on Qualys from $150.00 to $140.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. Finally, StockNews.com raised Qualys from a "hold" rating to a "buy" rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Qualys currently has a consensus rating of "Hold" and an average price target of $146.57.

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.

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