Quantbot Technologies LP Has $3.96 Million Holdings in Qualys, Inc. (NASDAQ:QLYS)

Quantbot Technologies LP cut its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 14.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,860 shares of the software maker’s stock after selling 5,243 shares during the period. Quantbot Technologies LP owned about 0.08% of Qualys worth $3,964,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of QLYS. Advisors Asset Management Inc. increased its holdings in shares of Qualys by 8.1% during the first quarter. Advisors Asset Management Inc. now owns 1,684 shares of the software maker’s stock worth $281,000 after buying an additional 126 shares in the last quarter. BOKF NA increased its holdings in shares of Qualys by 119.2% during the first quarter. BOKF NA now owns 1,852 shares of the software maker’s stock worth $310,000 after buying an additional 1,007 shares in the last quarter. Bayesian Capital Management LP acquired a new position in shares of Qualys during the first quarter worth $277,000. Janus Henderson Group PLC increased its holdings in shares of Qualys by 1.5% during the first quarter. Janus Henderson Group PLC now owns 49,485 shares of the software maker’s stock worth $8,255,000 after buying an additional 742 shares in the last quarter. Finally, Tidal Investments LLC increased its holdings in shares of Qualys by 192.8% during the first quarter. Tidal Investments LLC now owns 3,402 shares of the software maker’s stock worth $568,000 after buying an additional 2,240 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Qualys news, Director Jeffrey P. Hank sold 4,000 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $146.31, for a total value of $585,240.00. Following the completion of the sale, the director now owns 12,666 shares in the company, valued at approximately $1,853,162.46. This trade represents a 24.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $149.66, for a total transaction of $1,047,620.00. Following the completion of the sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at approximately $33,741,295.98. This trade represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,919 shares of company stock worth $2,993,000 in the last quarter. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on QLYS. Wolfe Research raised shares of Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Scotiabank reduced their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Morgan Stanley boosted their price objective on shares of Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Needham & Company LLC initiated coverage on shares of Qualys in a research report on Wednesday, November 6th. They set a “hold” rating on the stock. Finally, StockNews.com cut shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Qualys currently has an average rating of “Hold” and an average target price of $152.80.

Qualys Trading Down 0.3 %

Shares of NASDAQ QLYS opened at $155.94 on Wednesday. The firm’s 50-day moving average price is $131.86 and its 200-day moving average price is $134.74. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $206.35. The firm has a market capitalization of $5.71 billion, a P/E ratio of 34.35 and a beta of 0.47.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The company had revenue of $153.87 million for the quarter, compared to analyst estimates of $150.74 million. During the same quarter in the prior year, the business posted $1.24 EPS. The firm’s revenue was up 8.4% compared to the same quarter last year. Equities research analysts forecast that Qualys, Inc. will post 4.34 EPS for the current year.

Qualys 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.