33,513 Shares in Qualys, Inc. (NASDAQ:QLYS) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 33,513 shares of the software maker's stock, valued at approximately $4,699,000. Proficio Capital Partners LLC owned approximately 0.09% of Qualys as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Qualys during the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Qualys in the fourth quarter worth approximately $39,000. Fifth Third Bancorp boosted its stake in shares of Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after acquiring an additional 99 shares during the last quarter. Quarry LP increased its position in shares of Qualys by 56.2% during the third quarter. Quarry LP now owns 439 shares of the software maker's stock worth $56,000 after purchasing an additional 158 shares in the last quarter. Finally, Mendota Financial Group LLC acquired a new position in Qualys in the 4th quarter valued at $91,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction dated 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 owns 225,453 shares of the company's stock, valued at approximately $30,321,173.97. This trade represents a 3.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 882 shares of the business's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $139.66, for a total transaction of $123,180.12. Following the sale, the insider now owns 62,295 shares of the company's stock, valued at $8,700,119.70. This represents a 1.40 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,071 shares of company stock worth $3,624,127 in the last quarter. 1.00% of the stock is owned by company insiders.

Remove Ads

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on QLYS shares. Needham & Company LLC reaffirmed a "hold" rating on shares of Qualys in a report on Monday, February 10th. Morgan Stanley assumed coverage on shares of Qualys in a report on Tuesday. They issued an "underweight" rating and a $120.00 price objective for the company. Scotiabank dropped their price target 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. Royal Bank of Canada reduced their price objective on Qualys from $162.00 to $135.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Finally, Canaccord Genuity Group cut their target price on Qualys from $170.00 to $163.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $146.14.

Qualys Stock Performance

Shares of QLYS traded down $0.94 during mid-day trading on Friday, hitting $127.92. 831,242 shares of the company's stock were exchanged, compared to its average volume of 387,258. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 27.51 and a beta of 0.56. The stock's 50-day moving average is $136.11 and its 200-day moving average is $136.03. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $174.20.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 EPS 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, equities research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

About Qualys

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.