Envestnet Asset Management Inc. Has $23.56 Million Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Envestnet Asset Management Inc. increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,015 shares of the software maker's stock after acquiring an additional 4,282 shares during the period. Envestnet Asset Management Inc. owned about 0.46% of Qualys worth $23,559,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QLYS. Vanguard Group Inc. raised its position in Qualys by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker's stock worth $604,721,000 after purchasing an additional 131,339 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Qualys by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 1,262,931 shares of the software maker's stock valued at $178,445,000 after acquiring an additional 16,369 shares during the period. Boston Trust Walden Corp boosted its holdings in Qualys by 13.3% in 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 acquiring an additional 123,530 shares during the last quarter. CDAM UK Ltd increased its position in Qualys by 21.6% in the fourth quarter. CDAM UK Ltd now owns 611,793 shares of the software maker's stock worth $85,786,000 after purchasing an additional 108,880 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Qualys by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker's stock worth $64,016,000 after purchasing an additional 3,848 shares during the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys Stock Performance

NASDAQ QLYS traded down $0.73 during trading on Friday, hitting $120.62. The stock had a trading volume of 408,065 shares, compared to its average volume of 398,408. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $174.20. The company's 50-day moving average price is $128.89 and its two-hundred day moving average price is $135.88. The company has a market capitalization of $4.40 billion, a PE ratio of 25.94 and a beta of 0.71.

Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. As a group, equities analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

QLYS has been the subject of several analyst reports. Loop Capital lowered their price target on shares of Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a research report on Friday, February 7th. StockNews.com upgraded Qualys from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. Jefferies Financial Group dropped their price objective on Qualys from $145.00 to $130.00 and set a "hold" rating for the company in a report on Monday, March 31st. Needham & Company LLC restated a "hold" rating on shares of Qualys in a report on Monday, February 10th. Finally, Northland Securities restated a "market perform" rating and set a $146.00 target price (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $142.21.

Insider Activity at Qualys

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $123.81, for a total value of $866,670.00. Following the completion of the sale, the chief executive officer now directly owns 246,313 shares in the company, valued at approximately $30,496,012.53. This trade represents a 2.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 882 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $139.66, for a total value of $123,180.12. Following the completion of the sale, the insider now owns 62,295 shares in the company, valued at $8,700,119.70. This represents a 1.40 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,480 shares of company stock valued at $3,579,506. Insiders own 1.00% of the company's stock.

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.