Rhumbline Advisers Purchases 3,196 Shares of Qualys, Inc. (NASDAQ:QLYS)

Rhumbline Advisers boosted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 115,897 shares of the software maker's stock after purchasing an additional 3,196 shares during the period. Rhumbline Advisers owned about 0.32% of Qualys worth $16,251,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp raised its holdings in shares of Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock valued at $55,000 after acquiring an additional 99 shares in the last quarter. Quarry LP increased 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 period. Mendota Financial Group LLC bought a new position in Qualys in the 4th quarter worth $91,000. Advisors Asset Management Inc. lifted its position in shares of Qualys by 68.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker's stock worth $94,000 after purchasing an additional 297 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker's stock valued at $153,000 after purchasing an additional 123 shares in the last quarter. Institutional investors own 99.31% of the company's stock.

Qualys Trading Down 1.4 %

NASDAQ:QLYS traded down $1.94 on Tuesday, reaching $132.43. 242,745 shares of the stock traded hands, compared to its average volume of 379,587. The company's fifty day simple moving average is $139.82 and its 200 day simple moving average is $135.66. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 28.48 and a beta of 0.56. Qualys, Inc. has a 12 month low of $119.17 and a 12 month high of $174.31.

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 analysts' consensus estimates 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.

Insider Activity

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction dated Tuesday, January 14th. The shares were 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 $30,321,173.97. This trade represents a 3.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Bruce K. Posey sold 8,555 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the transaction, the insider now directly owns 64,032 shares of the company's stock, valued at $9,900,627.84. The trade was a 11.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,813 shares of company stock valued at $5,278,133 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

QLYS has been the subject of a number of research reports. Wolfe Research raised shares of Qualys from an "underperform" rating to a "peer perform" rating in a research note on Monday, November 11th. Royal Bank of Canada decreased their target price 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. Westpark Capital restated a "hold" rating on shares of Qualys in a research report on Wednesday, November 6th. DA Davidson increased their price objective on Qualys from $120.00 to $147.00 and gave the stock a "neutral" rating in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group dropped their target price on shares of Qualys from $170.00 to $163.00 and set a "buy" rating on the stock in a report 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 currently has a consensus rating of "Hold" and a consensus target price of $146.57.

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.