Vontobel Holding Ltd. increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) by 29.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,024 shares of the software maker’s stock after purchasing an additional 15,284 shares during the period. Vontobel Holding Ltd. owned 0.18% of Qualys worth $9,398,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of QLYS. Financial Enhancement Group LLC raised its holdings in Qualys by 1.5% in the 3rd quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock valued at $784,000 after acquiring an additional 91 shares during the last quarter. Fifth Third Bancorp raised its holdings in Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after acquiring an additional 99 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in Qualys by 12.7% in the 4th 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. West Coast Financial LLC raised its holdings in Qualys by 0.6% in the 4th quarter. West Coast Financial LLC now owns 23,323 shares of the software maker’s stock valued at $3,270,000 after acquiring an additional 146 shares during the last quarter. Finally, Quarry LP raised its holdings in Qualys by 56.2% in the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock valued at $56,000 after acquiring an additional 158 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.
Qualys Price Performance
Shares of Qualys stock opened at $143.76 on Friday. The business has a 50-day moving average of $141.33 and a 200-day moving average of $135.37. The company has a market capitalization of $5.26 billion, a PE ratio of 30.92 and a beta of 0.56. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.31.
Insider Activity
In other news, insider Bruce K. Posey sold 8,555 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the completion of the sale, the insider now directly owns 64,032 shares in the company, valued at $9,900,627.84. This trade represents a 11.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Joo Mi Kim sold 1,332 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $157.37, for a total value of $209,616.84. Following the sale, the chief financial officer now owns 113,652 shares of the company’s stock, valued at $17,885,415.24. This represents a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,288 shares of company stock worth $4,209,716 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently issued reports on QLYS. Canaccord Genuity Group lowered their price objective on shares of Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Jefferies Financial Group boosted their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. TD Cowen boosted their price objective on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Loop Capital lowered their price objective on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Qualys in a research note on Monday, February 10th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Qualys has a consensus rating of “Hold” and an average price target of $146.57.
Read Our Latest Analysis on QLYS
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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