113,658 Shares in Qualys, Inc. (NASDAQ:QLYS) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in Qualys, Inc. (NASDAQ:QLYS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 113,658 shares of the software maker's stock, valued at approximately $15,937,000. Raymond James Financial Inc. owned approximately 0.31% of Qualys as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Amalgamated Bank increased its stake in shares of Qualys by 0.5% during the fourth quarter. Amalgamated Bank now owns 16,640 shares of the software maker's stock worth $2,333,000 after purchasing an additional 77 shares in the last quarter. HighTower Advisors LLC increased its stake in Qualys by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker's stock worth $806,000 after buying an additional 80 shares in the last quarter. Fifth Third Bancorp increased its stake in Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after buying an additional 99 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Qualys by 12.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker's stock valued at $153,000 after acquiring an additional 123 shares during the last quarter. Finally, Huntington National Bank lifted its holdings in Qualys by 15.6% in the 4th quarter. Huntington National Bank now owns 932 shares of the software maker's stock valued at $131,000 after purchasing an additional 126 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Price Performance

Shares of QLYS stock traded up $1.86 during trading on Friday, reaching $126.75. The company's stock had a trading volume of 219,624 shares, compared to its average volume of 395,367. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $173.22. The stock's 50-day moving average price is $126.80 and its 200 day moving average price is $135.79. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of 27.26 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 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, sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the topic of several recent research reports. Northland Securities restated a "market perform" rating and set a $146.00 target price (down from $150.00) on shares of Qualys in a report on Monday, February 10th. Morgan Stanley cut their price objective on shares of Qualys from $120.00 to $90.00 and set an "underweight" rating for the company in a research report on Wednesday, April 16th. Needham & Company LLC reissued a "hold" rating on shares of Qualys in a research note on Monday, February 10th. Scotiabank reduced their price target on shares of Qualys from $150.00 to $140.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Finally, Royal Bank of Canada lowered their price objective on Qualys from $162.00 to $135.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $142.21.

Insiders Place Their Bets

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $123.81, for a total transaction of $866,670.00. Following the completion of the sale, the chief executive officer now directly owns 246,313 shares of the company's stock, valued at $30,496,012.53. The trade was a 2.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bruce K. Posey sold 540 shares of the stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $117.86, for a total value of $63,644.40. Following the completion of the transaction, the insider now owns 64,513 shares in the company, valued at approximately $7,603,502.18. The trade was a 0.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 26,138 shares of company stock worth $3,519,970 in the last 90 days. Corporate insiders own 1.00% of the company's stock.

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.