Qualys, Inc. (NASDAQ:QLYS) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC grew its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 54.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 283,838 shares of the software maker's stock after purchasing an additional 99,799 shares during the quarter. Voya Investment Management LLC owned approximately 0.78% of Qualys worth $39,800,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of QLYS. Amalgamated Bank increased its position in Qualys by 0.5% during the 4th 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 boosted its holdings in Qualys by 1.4% in the fourth quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker's stock valued at $806,000 after acquiring an additional 80 shares during the last quarter. Fifth Third Bancorp lifted 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 buying an additional 99 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker's stock valued at $153,000 after purchasing an additional 123 shares in the last quarter. Finally, Huntington National Bank increased its stake in shares of 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 acquiring an additional 126 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Canaccord Genuity Group lowered their target price on shares of Qualys from $170.00 to $163.00 and set a "buy" rating for the company in a report on Friday, February 7th. Loop Capital lowered their price target on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a research report on Friday, February 7th. Morgan Stanley decreased their price target on Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada lowered their price target on Qualys from $162.00 to $135.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. Finally, Northland Securities reaffirmed a "market perform" rating and set a $146.00 price objective (down from $150.00) on shares of Qualys in a report on Monday, February 10th. Three 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 stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $140.53.

Qualys Price Performance

Shares of NASDAQ QLYS traded down $2.61 during midday trading on Wednesday, hitting $125.82. The company's stock had a trading volume of 272,694 shares, compared to its average volume of 394,751. The business's fifty day simple moving average is $126.41 and its two-hundred day simple moving average is $135.94. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $171.00. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 27.06 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 for the quarter, missing analysts' consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. Analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Insider Buying and Selling at Qualys

In related news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $142.17, for a total transaction of $995,190.00. Following the completion of the transaction, the chief executive officer now directly owns 246,144 shares in the company, valued at $34,994,292.48. The trade was a 2.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Joo Mi Kim sold 4,487 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $140.00, for a total value of $628,180.00. Following the completion of the transaction, the chief financial officer now owns 112,757 shares of the company's stock, valued at $15,785,980. This trade represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,138 shares of company stock valued at $3,519,970. 1.00% of the stock is owned by company insiders.

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.