Qualys, Inc. (NASDAQ:QLYS) Shares Bought by Torray Investment Partners LLC

Torray Investment Partners LLC lifted its stake in Qualys, Inc. (NASDAQ:QLYS) by 27.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,364 shares of the software maker’s stock after buying an additional 2,472 shares during the period. Torray Investment Partners LLC’s holdings in Qualys were worth $1,621,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of QLYS. Vanguard Group Inc. raised its stake in shares of Qualys by 2.2% during the first quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker’s stock valued at $640,748,000 after purchasing an additional 83,504 shares during the period. Boston Trust Walden Corp lifted its holdings in Qualys by 9.8% in the 2nd quarter. Boston Trust Walden Corp now owns 809,014 shares of the software maker’s stock worth $115,365,000 after buying an additional 72,261 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Qualys by 3.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker’s stock valued at $145,095,000 after buying an additional 21,439 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Qualys by 50.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 501,847 shares of the software maker’s stock valued at $83,743,000 after acquiring an additional 169,293 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Qualys by 0.8% during the second quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker’s stock worth $62,663,000 after acquiring an additional 3,357 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Buying and Selling

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $136.32, for a total transaction of $954,240.00. Following the completion of the transaction, the chief executive officer now directly owns 186,601 shares of the company’s stock, valued at approximately $25,437,448.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total value of $191,945.65. Following the completion of the transaction, the insider now owns 58,947 shares of the company’s stock, valued at $8,450,052.45. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $136.32, for a total transaction of $954,240.00. Following the sale, the chief executive officer now owns 186,601 shares in the company, valued at $25,437,448.32. The disclosure for this sale can be found here. Insiders have sold a total of 19,385 shares of company stock valued at $2,693,477 in the last quarter. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

QLYS has been the subject of a number of recent analyst reports. Wedbush lowered their price objective on Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. UBS Group decreased their price target on shares of Qualys from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a report on Monday, August 5th. Truist Financial reduced their price objective on shares of Qualys from $165.00 to $130.00 and set a “hold” rating on the stock in a research note on Wednesday, August 7th. Finally, TD Cowen dropped their target price on shares of Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Qualys presently has a consensus rating of “Hold” and an average target price of $147.83.

Qualys Stock Down 1.2 %

QLYS stock traded down $1.49 during midday trading on Friday, reaching $122.23. The company had a trading volume of 269,236 shares, compared to its average volume of 442,794. The firm has a market capitalization of $4.52 billion, a PE ratio of 28.29 and a beta of 0.46. The stock has a 50 day moving average price of $134.37 and a 200 day moving average price of $148.79. Qualys, Inc. has a fifty-two week low of $119.32 and a fifty-two week high of $206.35.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, August 6th. The software maker reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.20. The business had revenue of $148.70 million during the quarter, compared to analyst estimates of $148.80 million. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 EPS. Research analysts predict that Qualys, Inc. will post 3.94 EPS for the current year.

Qualys 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.