Hancock Whitney Corp Makes New $1.07 Million Investment in Qualys, Inc. (NASDAQ:QLYS)

Hancock Whitney Corp acquired a new stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,596 shares of the software maker's stock, valued at approximately $1,065,000.

Other institutional investors have also recently bought and sold shares of the company. Voya Investment Management LLC grew its stake in shares of Qualys by 54.2% during the 4th quarter. Voya Investment Management LLC now owns 283,838 shares of the software maker's stock worth $39,800,000 after acquiring an additional 99,799 shares during the period. MGO One Seven LLC grew its stake in shares of Qualys by 16.8% during the 4th quarter. MGO One Seven LLC now owns 2,249 shares of the software maker's stock worth $315,000 after acquiring an additional 324 shares during the period. State of Tennessee Department of Treasury grew its stake in shares of Qualys by 12.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 16,629 shares of the software maker's stock worth $2,332,000 after acquiring an additional 1,834 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Qualys by 191.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,047 shares of the software maker's stock worth $567,000 after acquiring an additional 2,658 shares during the period. Finally, MetLife Investment Management LLC grew its stake in shares of Qualys by 7.5% during the 4th quarter. MetLife Investment Management LLC now owns 42,386 shares of the software maker's stock worth $5,943,000 after acquiring an additional 2,945 shares during the period. Institutional investors own 99.31% of the company's stock.

Qualys Stock Performance

QLYS traded up $1.43 on Thursday, hitting $127.14. 94,368 shares of the company were exchanged, compared to its average volume of 393,546. The firm has a fifty day simple moving average of $126.19 and a two-hundred day simple moving average of $135.88. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $171.00. The stock has a market capitalization of $4.62 billion, a PE ratio of 27.38 and a beta of 0.71.

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

Insider Buying and Selling

In other news, insider Bruce K. Posey sold 540 shares of the business's stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $117.86, for a total transaction of $63,644.40. Following the transaction, the insider now directly owns 64,513 shares of the company's stock, valued at approximately $7,603,502.18. The trade was a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 4,487 shares of the firm's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $140.00, for a total value of $628,180.00. Following the completion of the sale, the chief financial officer now directly owns 112,757 shares of the company's stock, valued at $15,785,980. The trade was a 3.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,138 shares of company stock worth $3,519,970 in the last ninety days. 1.00% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on QLYS shares. JPMorgan Chase & Co. dropped their price objective on Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a report on Monday. StockNews.com raised Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Morgan Stanley lowered their price target on Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a report on Wednesday, April 16th. Loop Capital lowered their price target on Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Qualys in a report on Monday, February 10th. Three equities 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 data from MarketBeat.com, Qualys currently has an average rating of "Hold" and an average price target of $140.53.

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.