Susquehanna Fundamental Investments LLC Acquires New Stake in Qualys, Inc. (NASDAQ:QLYS)

Susquehanna Fundamental Investments LLC bought a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,801 shares of the software maker's stock, valued at approximately $6,983,000. Susquehanna Fundamental Investments LLC owned approximately 0.14% of Qualys as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of QLYS. Assenagon Asset Management S.A. increased its holdings in shares of Qualys by 1,386.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker's stock worth $49,876,000 after purchasing an additional 331,766 shares in the last quarter. Vanguard Group Inc. lifted its position in Qualys by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker's stock valued at $604,721,000 after purchasing an additional 131,339 shares in the last quarter. Boston Trust Walden Corp lifted its position in Qualys by 13.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker's stock valued at $147,178,000 after purchasing an additional 123,530 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Qualys during the fourth quarter valued at $15,937,000. Finally, CDAM UK Ltd lifted its position in Qualys by 21.6% during the fourth quarter. CDAM UK Ltd now owns 611,793 shares of the software maker's stock valued at $85,786,000 after purchasing an additional 108,880 shares in the last quarter. Institutional investors own 99.31% of the company's stock.

Qualys Stock Performance

Shares of Qualys stock opened at $126.75 on Monday. The company has a market capitalization of $4.62 billion, a PE ratio of 27.26 and a beta of 0.71. The company has a 50-day simple moving average of $126.80 and a two-hundred day simple moving average of $135.93. Qualys, Inc. has a one year low of $112.61 and a one year high of $172.70.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share (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%. On average, equities analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. StockNews.com raised Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Canaccord Genuity Group reduced their target price on Qualys from $170.00 to $163.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Jefferies Financial Group reduced their target price on Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a report on Monday, March 31st. Needham & Company LLC reissued a "hold" rating on shares of Qualys in a research note on Monday, February 10th. Finally, Northland Securities reissued a "market perform" rating and set a $146.00 price objective (down from $150.00) on shares of Qualys in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Qualys presently has an average rating of "Hold" and a consensus price target of $142.21.

Insider Activity at Qualys

In other Qualys news, CFO Joo Mi Kim sold 4,487 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $140.00, for a total value of $628,180.00. Following the sale, the chief financial officer now owns 112,757 shares in the company, valued at approximately $15,785,980. This represents a 3.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $142.17, for a total value of $995,190.00. Following the completion of the sale, the chief executive officer now owns 246,144 shares in the company, valued at approximately $34,994,292.48. This represents a 2.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,138 shares of company stock worth $3,519,970 over the last quarter. Insiders own 1.00% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.