Blueshift Asset Management LLC Has $519,000 Position in Qualys, Inc. (NASDAQ:QLYS)

Blueshift Asset Management LLC increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYSFree Report) by 39.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,041 shares of the software maker’s stock after acquiring an additional 1,147 shares during the quarter. Blueshift Asset Management LLC’s holdings in Qualys were worth $519,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its stake in shares of Qualys by 6.8% during the third quarter. BNP Paribas Financial Markets now owns 63,320 shares of the software maker’s stock valued at $8,134,000 after acquiring an additional 4,040 shares during the last quarter. FMR LLC increased its holdings in Qualys by 21.5% in the third quarter. FMR LLC now owns 57,399 shares of the software maker’s stock valued at $7,374,000 after purchasing an additional 10,170 shares during the period. CDAM UK Ltd raised its position in Qualys by 8.3% during the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock worth $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in Qualys by 13.4% during the 3rd quarter. Fisher Asset Management LLC now owns 185,277 shares of the software maker’s stock worth $23,801,000 after buying an additional 21,924 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in Qualys by 29.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,809 shares of the software maker’s stock worth $232,000 after buying an additional 413 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Qualys news, Director Jeffrey P. Hank sold 4,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $146.31, for a total transaction of $585,240.00. Following the transaction, the director now directly owns 12,666 shares in the company, valued at approximately $1,853,162.46. This trade represents a 24.00 % 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, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $149.66, for a total transaction of $1,047,620.00. Following the completion of the sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at approximately $33,741,295.98. The trade was a 3.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,919 shares of company stock worth $2,993,000 in the last quarter. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wedbush cut their price objective on Qualys from $190.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. Truist Financial boosted their price target on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. TD Cowen upped their price objective on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Royal Bank of Canada lifted their target price on shares of Qualys from $150.00 to $162.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 6th. Finally, UBS Group upped their price target on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Qualys presently has a consensus rating of “Hold” and an average price target of $152.80.

View Our Latest Research Report on QLYS

Qualys Stock Down 0.8 %

NASDAQ QLYS opened at $154.68 on Thursday. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $206.35. The business has a 50 day moving average price of $132.50 and a 200-day moving average price of $134.78. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 34.07 and a beta of 0.47.

Qualys (NASDAQ:QLYSGet Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The business had revenue of $153.87 million during the quarter, compared to analyst estimates of $150.74 million. During the same quarter in the previous year, the business posted $1.24 EPS. Qualys’s quarterly revenue was up 8.4% on a year-over-year basis. On average, equities research analysts anticipate that Qualys, Inc. will post 4.34 earnings per share for the current year.

Qualys Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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