Voloridge Investment Management LLC Acquires 2,727 Shares of Qualys, Inc. (NASDAQ:QLYS)

Voloridge Investment Management LLC raised its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 177,438 shares of the software maker's stock after acquiring an additional 2,727 shares during the quarter. Voloridge Investment Management LLC owned about 0.48% of Qualys worth $24,880,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in Qualys in the 4th quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Qualys in the 4th quarter valued at $39,000. Quadrant Capital Group LLC raised 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 acquiring an additional 156 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Qualys during the fourth quarter valued at $54,000. Finally, Fifth Third Bancorp boosted its holdings in Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock valued at $55,000 after acquiring an additional 99 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Qualys Price Performance

Shares of Qualys stock traded up $2.57 during trading hours on Tuesday, hitting $137.08. The company's stock had a trading volume of 51,170 shares, compared to its average volume of 381,863. The company has a market capitalization of $4.98 billion, a PE ratio of 29.48 and a beta of 0.61. The stock has a 50 day moving average of $127.52 and a 200 day moving average of $136.58. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00.

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, topping analysts' consensus estimates of $1.46 by $0.21. The business had revenue of $159.90 million during the quarter, compared to analysts' expectations of $157.05 million. Qualys had a return on equity of 38.52% and a net margin of 28.59%. Qualys's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.45 EPS. Equities analysts expect that Qualys, Inc. will post 3.85 EPS for the current year.

Insider Buying and Selling

In other Qualys news, insider Bruce K. Posey sold 524 shares of Qualys stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $129.38, for a total value of $67,795.12. Following the sale, the insider now owns 65,053 shares of the company's stock, valued at $8,416,557.14. This trade represents a 0.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jeffrey P. Hank sold 4,000 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $128.93, for a total value of $515,720.00. Following the transaction, the director now directly owns 12,666 shares of the company's stock, valued at $1,633,027.38. This represents a 24.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,127 shares of company stock worth $1,904,252 over the last ninety days. Company insiders own 0.88% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on QLYS. Scotiabank set a $142.00 price objective on Qualys and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Wall Street Zen raised shares of Qualys from a "hold" rating to a "buy" rating in a research note on Saturday, April 12th. Wedbush reduced their price objective on shares of Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Loop Capital lowered their target price on shares of Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. cut their price target on Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a research note on Monday, April 28th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, 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.