Quantbot Technologies LP Acquires 15,866 Shares of Qualys, Inc. (NASDAQ:QLYS)

Quantbot Technologies LP lifted its position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 51.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 46,726 shares of the software maker's stock after acquiring an additional 15,866 shares during the period. Quantbot Technologies LP owned 0.13% of Qualys worth $6,552,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in Qualys in the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Qualys in the fourth quarter worth approximately $39,000. Fifth Third Bancorp boosted its stake 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 in the last quarter. Quarry LP increased its position in shares of 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. Finally, Mendota Financial Group LLC bought a new stake in shares of Qualys in the 4th quarter worth $91,000. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 524 shares of the stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $129.38, for a total value of $67,795.12. Following the completion of the sale, the insider now owns 65,053 shares in the company, valued at approximately $8,416,557.14. This trade represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 1,635 shares of the business's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $138.64, for a total value of $226,676.40. Following the transaction, the chief financial officer now owns 112,017 shares in the company, valued at $15,530,036.88. This represents a 1.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,595 shares of company stock worth $3,691,922 over the last three months. 1.00% of the stock is currently owned by insiders.

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Wall Street Analyst Weigh In

A number of research analysts recently issued reports on QLYS shares. Loop Capital lowered their target price on Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Northland Securities reaffirmed a "market perform" rating and issued a $146.00 price objective (down previously from $150.00) on shares of Qualys in a research note on Monday, February 10th. Canaccord Genuity Group cut their target price on shares of Qualys from $170.00 to $163.00 and set a "buy" rating for the company in a research note on Friday, February 7th. StockNews.com upgraded shares of Qualys from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th. Finally, Morgan Stanley initiated coverage on Qualys in a report on Tuesday, March 18th. They issued an "underweight" rating and a $120.00 price target on the stock. 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $146.14.

Qualys Stock Down 0.5 %

Shares of QLYS traded down $0.67 during midday trading on Wednesday, reaching $129.06. 193,184 shares of the stock were exchanged, compared to its average volume of 386,394. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 27.75 and a beta of 0.56. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.20. The firm has a 50 day simple moving average of $135.81 and a 200-day simple moving average of $136.34.

Qualys (NASDAQ:QLYS - Get Free Report) last issued 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 net margin of 28.59% and a return on equity of 38.52%. Research analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

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.