Qualys, Inc. (NASDAQ:QLYS) Holdings Raised by Norris Perne & French LLP MI

Norris Perne & French LLP MI raised its position in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,296 shares of the software maker's stock after acquiring an additional 3,596 shares during the quarter. Norris Perne & French LLP MI owned 0.32% of Qualys worth $14,897,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new stake in Qualys in the fourth quarter valued at approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Qualys during the fourth quarter worth approximately $39,000. Quadrant Capital Group LLC grew its position in shares of Qualys by 88.1% during the fourth quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker's stock worth $47,000 after buying an additional 156 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Qualys in the fourth quarter worth $54,000. Finally, Fifth Third Bancorp increased its stake in shares of Qualys by 27.9% in the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock worth $63,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Buying and Selling at Qualys

In related news, Director Jeffrey P. Hank sold 657 shares of Qualys stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $139.07, for a total transaction of $91,368.99. Following the sale, the director now directly owns 13,888 shares in the company, valued at $1,931,404.16. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sumedh S. Thakar sold 8,500 shares of Qualys stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $139.47, for a total transaction of $1,185,495.00. Following the sale, the chief executive officer now owns 229,962 shares in the company, valued at approximately $32,072,800.14. This represents a 3.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,105 shares of company stock worth $4,390,137. 0.88% of the stock is owned by insiders.

Qualys Stock Down 1.1%

QLYS stock traded down $1.47 during mid-day trading on Friday, reaching $135.73. The company had a trading volume of 666,142 shares, compared to its average volume of 372,167. The stock has a market capitalization of $4.93 billion, a P/E ratio of 27.76 and a beta of 0.61. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The stock's 50-day simple moving average is $132.93 and its two-hundred day simple moving average is $134.98.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.21. The company had revenue of $159.90 million for the quarter, compared to analysts' expectations of $157.05 million. Qualys had a return on equity of 38.05% and a net margin of 29.19%. The firm's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business posted $1.45 earnings per share. On average, research analysts forecast that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their price objective on shares of Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. reduced their price target on shares of Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a research report on Monday, April 28th. Jefferies Financial Group lowered 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. Wall Street Zen upgraded Qualys from a "hold" rating to a "buy" rating in a research note on Sunday. Finally, Wedbush reduced their target price on Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Qualys currently has an average 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.