Ameriprise Financial Inc. Has $31.87 Million Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Ameriprise Financial Inc. grew its position in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 8.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 227,310 shares of the software maker's stock after buying an additional 16,965 shares during the period. Ameriprise Financial Inc. owned 0.62% of Qualys worth $31,866,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC raised its stake in shares of Qualys by 101.8% during the third quarter. Barclays PLC now owns 112,214 shares of the software maker's stock worth $14,415,000 after buying an additional 56,613 shares during the last quarter. Tidal Investments LLC grew its holdings in Qualys by 70.5% during the 3rd quarter. Tidal Investments LLC now owns 2,472 shares of the software maker's stock worth $318,000 after acquiring an additional 1,022 shares during the period. Franklin Resources Inc. raised its position in shares of Qualys by 8.1% during the 3rd quarter. Franklin Resources Inc. now owns 39,603 shares of the software maker's stock valued at $4,968,000 after acquiring an additional 2,972 shares during the last quarter. Mendota Financial Group LLC acquired a new position in shares of Qualys in the 4th quarter valued at $91,000. Finally, Assenagon Asset Management S.A. boosted its position 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 during the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Qualys news, CFO Joo Mi Kim sold 4,542 shares of the business's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $140.08, for a total transaction of $636,243.36. Following the sale, the chief financial officer now directly owns 108,215 shares of the company's stock, valued at $15,158,757.20. The trade was a 4.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $142.17, for a total value of $995,190.00. Following the completion of the transaction, the chief executive officer now owns 246,144 shares of the company's stock, valued at $34,994,292.48. The trade was a 2.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,669 shares of company stock worth $3,536,541 over the last ninety days. Insiders own 0.88% of the company's stock.

Qualys Trading Up 0.2%

QLYS stock opened at $136.75 on Wednesday. The stock has a 50-day moving average price of $125.70 and a two-hundred day moving average price of $136.35. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $170.00. The stock has a market cap of $4.97 billion, a PE ratio of 29.41 and a beta of 0.61.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The software maker reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.21. Qualys had a return on equity of 38.52% and a net margin of 28.59%. The company had revenue of $159.90 million during the quarter, compared to analysts' expectations of $157.05 million. During the same period in the prior year, the firm earned $1.45 earnings per share. Qualys's revenue for the quarter was up 9.7% compared to the same quarter last year. On average, analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

QLYS has been the subject of a number of recent analyst reports. Wedbush dropped their price objective on Qualys from $160.00 to $145.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Royal Bank of Canada increased their price target on shares of Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a research report on Wednesday, May 7th. Needham & Company LLC reissued a "hold" rating on shares of Qualys in a research note on Monday, February 10th. JPMorgan Chase & Co. lowered their target price on shares of Qualys from $122.00 to $117.00 and set an "underweight" rating for the company in a research note on Monday, April 28th. Finally, Loop Capital cut their target price on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Qualys presently has a consensus rating of "Hold" and a consensus price target of $137.50.

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.

Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYS - Free Report).

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.