Qualys, Inc. (NASDAQ:QLYS) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 201,932.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,179 shares of the software maker's stock after purchasing an additional 117,121 shares during the period. International Assets Investment Management LLC owned approximately 0.32% of Qualys worth $23,000,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Invesco Ltd. increased its stake in shares of Qualys by 46.9% in the third quarter. Invesco Ltd. now owns 250,661 shares of the software maker's stock worth $38,238,000 after acquiring an additional 80,079 shares during the period. Burney Co. raised its stake in shares of Qualys by 15.9% during the 3rd quarter. Burney Co. now owns 83,984 shares of the software maker's stock valued at $12,812,000 after buying an additional 11,496 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Qualys by 59.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 109,447 shares of the software maker's stock valued at $16,696,000 after buying an additional 40,779 shares during the period. Graham Capital Management L.P. purchased a new stake in shares of Qualys in the third quarter worth about $1,329,000. Finally, Schroder Investment Management Group grew its holdings in Qualys by 24.1% during the third quarter. Schroder Investment Management Group now owns 89,802 shares of the software maker's stock worth $13,699,000 after acquiring an additional 17,456 shares during the period. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 1,912 shares of the firm's stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $165.04, for a total value of $315,556.48. Following the transaction, the chief financial officer now directly owns 97,176 shares of the company's stock, valued at $16,037,927.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Qualys news, CEO Sumedh S. Thakar sold 5,005 shares of the company's stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $192.05, for a total value of $961,210.25. Following the completion of the sale, the chief executive officer now directly owns 182,213 shares in the company, valued at approximately $34,994,006.65. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Joo Mi Kim sold 1,912 shares of Qualys stock in a transaction on Friday, April 5th. The stock was sold at an average price of $165.04, for a total value of $315,556.48. Following the transaction, the chief financial officer now owns 97,176 shares in the company, valued at approximately $16,037,927.04. The disclosure for this sale can be found here. Insiders sold 15,320 shares of company stock valued at $2,711,608 over the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on QLYS. Royal Bank of Canada decreased their price target on Qualys from $212.00 to $180.00 and set a "sector perform" rating for the company in a report on Thursday, February 8th. Stephens restated an "equal weight" rating and set a $190.00 price target on shares of Qualys in a research report on Thursday, February 8th. JPMorgan Chase & Co. lifted their price objective on shares of Qualys from $146.00 to $152.00 and gave the company an "underweight" rating in a report on Thursday, February 8th. Wedbush lowered their target price on shares of Qualys from $230.00 to $210.00 and set an "outperform" rating on the stock in a research note on Thursday, February 8th. Finally, TD Cowen initiated coverage on Qualys in a research note on Tuesday, March 26th. They issued a "market perform" rating and a $170.00 price target for the company. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $153.23.

Qualys Price Performance

QLYS stock traded up $1.38 during trading on Thursday, hitting $166.78. The stock had a trading volume of 209,445 shares, compared to its average volume of 463,758. Qualys, Inc. has a twelve month low of $107.00 and a twelve month high of $206.35. The company's 50-day moving average price is $167.84 and its two-hundred day moving average price is $174.67. The stock has a market capitalization of $6.17 billion, a P/E ratio of 41.28 and a beta of 0.51.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.26. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The firm had revenue of $144.57 million for the quarter, compared to analyst estimates of $144.69 million. As a group, sell-side analysts expect that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

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.