6,656 Shares in Qualys, Inc. (NASDAQ:QLYS) Acquired by Wesbanco Bank Inc.

Wesbanco Bank Inc. bought a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,656 shares of the software maker's stock, valued at approximately $1,111,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Qualys by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 3,756,297 shares of the software maker's stock worth $737,286,000 after purchasing an additional 16,331 shares during the period. Congress Asset Management Co. MA lifted its stake in Qualys by 5.0% in the 3rd quarter. Congress Asset Management Co. MA now owns 1,137,107 shares of the software maker's stock valued at $173,466,000 after acquiring an additional 54,219 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Qualys by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 887,988 shares of the software maker's stock worth $135,463,000 after acquiring an additional 12,794 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Qualys by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker's stock valued at $145,095,000 after purchasing an additional 21,439 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of Qualys by 2.6% in the third quarter. Northern Trust Corp now owns 570,957 shares of the software maker's stock worth $87,099,000 after purchasing an additional 14,273 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Bruce K. Posey sold 1,443 shares of the business's stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the transaction, the insider now owns 62,614 shares of the company's stock, valued at $10,477,200.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Qualys news, CEO Sumedh S. Thakar sold 4,120 shares of the firm's stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $167.62, for a total value of $690,594.40. Following the sale, the chief executive officer now owns 194,481 shares of the company's stock, valued at approximately $32,598,905.22. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Bruce K. Posey sold 1,443 shares of Qualys stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the transaction, the insider now owns 62,614 shares in the company, valued at approximately $10,477,200.62. The disclosure for this sale can be found here. In the last three months, insiders sold 14,792 shares of company stock worth $2,455,489. 1.20% of the stock is currently owned by company insiders.

Qualys Stock Down 0.4 %

Shares of Qualys stock traded down $0.63 during trading on Friday, reaching $165.37. The company's stock had a trading volume of 357,412 shares, compared to its average volume of 370,375. Qualys, Inc. has a 52 week low of $107.00 and a 52 week high of $206.35. The firm has a market cap of $6.11 billion, a PE ratio of 40.93 and a beta of 0.51. The business's 50-day moving average price is $166.86 and its 200-day moving average price is $175.83.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its 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. The firm had revenue of $144.57 million for the quarter, compared to analyst estimates of $144.69 million. Qualys had a net margin of 27.34% and a return on equity of 49.06%. Equities analysts predict that Qualys, Inc. will post 3.35 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on QLYS. TD Cowen started coverage on shares of Qualys in a research note on Tuesday, March 26th. They issued a "market perform" rating and a $170.00 price target on the stock. Royal Bank of Canada reduced their price target on Qualys from $212.00 to $180.00 and set a "sector perform" rating for the company in a research report on Thursday, February 8th. Wedbush lowered their price target on Qualys from $230.00 to $210.00 and set an "outperform" rating on the stock in a research report on Thursday, February 8th. Scotiabank initiated coverage on Qualys in a report on Friday, April 26th. They issued a "sector perform" rating and a $172.00 price objective for the company. Finally, StockNews.com lowered shares of Qualys from a "buy" rating to a "hold" rating in a research report on Sunday, April 21st. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Qualys presently has an average rating of "Hold" and a consensus target price of $154.57.

About Qualys

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.

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