Qualys, Inc. (NASDAQ:QLYS) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP increased its position in Qualys, Inc. (NASDAQ:QLYS) by 259.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,103 shares of the software maker’s stock after buying an additional 26,069 shares during the quarter. Quantbot Technologies LP owned about 0.10% of Qualys worth $5,148,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Rise Advisors LLC bought a new position in shares of Qualys during the 1st quarter valued at about $26,000. Sound Income Strategies LLC boosted its holdings in Qualys by 545.2% during the first quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock worth $33,000 after buying an additional 169 shares in the last quarter. DecisionPoint Financial LLC acquired a new position in Qualys in the first quarter worth approximately $34,000. First Horizon Advisors Inc. increased its holdings in shares of Qualys by 294.7% in the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after buying an additional 168 shares in the last quarter. Finally, UMB Bank n.a. lifted its position in shares of Qualys by 149.0% during the 2nd quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after acquiring an additional 143 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In other Qualys news, CFO Joo Mi Kim sold 616 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $133.93, for a total transaction of $82,500.88. Following the transaction, the chief financial officer now directly owns 87,077 shares in the company, valued at $11,662,222.61. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, CFO Joo Mi Kim sold 616 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $133.93, for a total transaction of $82,500.88. Following the transaction, the chief financial officer now owns 87,077 shares of the company’s stock, valued at approximately $11,662,222.61. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Bruce K. Posey sold 1,339 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total value of $191,945.65. Following the completion of the sale, the insider now owns 58,947 shares of the company’s stock, valued at $8,450,052.45. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,535 shares of company stock worth $1,624,105. Corporate insiders own 1.00% of the company’s stock.

Qualys Price Performance

Shares of Qualys stock opened at $126.22 on Monday. The firm has a market cap of $4.65 billion, a price-to-earnings ratio of 29.22 and a beta of 0.46. The stock has a 50-day simple moving average of $132.34 and a 200-day simple moving average of $147.14. Qualys, Inc. has a 52-week low of $119.32 and a 52-week high of $206.35.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.20. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The firm had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. During the same period in the previous year, the company earned $0.95 earnings per share. The company’s revenue was up 8.4% compared to the same quarter last year. As a group, equities research analysts predict that Qualys, Inc. will post 3.94 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada cut their target price on Qualys from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th. Scotiabank reduced their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. StockNews.com downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. TD Cowen reduced their price target on shares of Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research note on Wednesday, August 7th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Qualys has an average rating of “Hold” and a consensus price target of $147.83.

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.