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

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

Several other institutional investors have also recently bought and sold shares of QLYS. Barclays PLC raised its stake in shares of Qualys by 101.8% during the 3rd quarter. Barclays PLC now owns 112,214 shares of the software maker's stock worth $14,415,000 after purchasing an additional 56,613 shares in the last quarter. Tidal Investments LLC raised its stake in shares of 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 purchasing an additional 1,022 shares in the last quarter. Franklin Resources Inc. raised its stake 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 worth $4,968,000 after purchasing an additional 2,972 shares in the last quarter. Mendota Financial Group LLC bought a new stake in shares of Qualys during the 4th quarter worth approximately $91,000. Finally, Assenagon Asset Management S.A. raised its stake in shares of Qualys by 1,386.2% during 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. Institutional investors own 99.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wedbush dropped their price objective on Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Northland Securities reiterated a "market perform" rating and set 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 dropped their price target on Qualys from $163.00 to $158.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Needham & Company LLC restated a "hold" rating on shares of Qualys in a research note on Monday, February 10th. Finally, Morgan Stanley dropped their price target on Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 16th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $137.50.

Insider Transactions at Qualys

In other news, insider Bruce K. Posey sold 524 shares of the stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $129.38, for a total transaction of $67,795.12. Following the sale, the insider now directly owns 65,053 shares of the company's stock, valued at approximately $8,416,557.14. This represents a 0.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey P. Hank sold 4,000 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $128.93, for a total value of $515,720.00. Following the sale, the director now directly owns 12,666 shares in the company, valued at approximately $1,633,027.38. This trade represents a 24.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,127 shares of company stock valued at $1,905,108. 0.88% of the stock is owned by corporate insiders.

Qualys Price Performance

NASDAQ QLYS traded up $0.02 on Monday, reaching $136.90. The stock had a trading volume of 237,059 shares, compared to its average volume of 385,228. The firm has a fifty day moving average of $126.76 and a two-hundred day moving average of $136.87. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $170.00. The company has a market cap of $4.97 billion, a P/E ratio of 29.44 and a beta of 0.61.

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

About Qualys

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.