Capstone Investment Advisors LLC Buys 9,426 Shares of Qualys, Inc. (NASDAQ:QLYS)

Capstone Investment Advisors LLC increased its position in Qualys, Inc. (NASDAQ:QLYS) by 251.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,182 shares of the software maker’s stock after acquiring an additional 9,426 shares during the quarter. Capstone Investment Advisors LLC’s holdings in Qualys were worth $1,693,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Enhancement Group LLC raised its position in shares of Qualys by 1.5% in the third quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock worth $784,000 after buying an additional 91 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Qualys by 2.2% during the second quarter. Bank of Montreal Can now owns 4,896 shares of the software maker’s stock worth $699,000 after purchasing an additional 107 shares in the last quarter. Legacy Advisors LLC increased its position in shares of Qualys by 1.4% in the second quarter. Legacy Advisors LLC now owns 8,272 shares of the software maker’s stock worth $1,180,000 after purchasing an additional 113 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Qualys by 8.1% in the first quarter. Advisors Asset Management Inc. now owns 1,684 shares of the software maker’s stock valued at $281,000 after purchasing an additional 126 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Qualys by 0.3% during the second quarter. The Manufacturers Life Insurance Company now owns 46,436 shares of the software maker’s stock valued at $6,622,000 after purchasing an additional 127 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Shares of QLYS stock opened at $154.68 on Friday. The company has a market capitalization of $5.66 billion, a P/E ratio of 34.07 and a beta of 0.47. The company’s 50-day simple moving average is $133.75 and its two-hundred day simple moving average is $135.05. Qualys, Inc. has a one year low of $119.17 and a one year high of $206.35.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) 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 business had revenue of $153.87 million during the quarter, compared to analysts’ expectations of $150.74 million. During the same quarter last year, the company posted $1.24 earnings per share. The business’s quarterly revenue was up 8.4% on a year-over-year basis. On average, research analysts expect that Qualys, Inc. will post 4.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on QLYS shares. UBS Group upped their target price on shares of Qualys from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. TD Cowen raised their price objective on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. StockNews.com cut shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Piper Sandler lowered their price objective on shares of Qualys from $116.00 to $115.00 and set an “underweight” rating for the company in a report on Wednesday, August 7th. Finally, DA Davidson boosted their price target on shares of Qualys from $120.00 to $147.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $152.80.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction on Monday, October 14th. The shares were sold at an average price of $125.21, for a total value of $876,470.00. Following the sale, the chief executive officer now owns 179,649 shares in the company, valued at $22,493,851.29. This represents a 3.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bruce K. Posey sold 1,330 shares of the business’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $123.80, for a total transaction of $164,654.00. Following the transaction, the insider now owns 55,618 shares of the company’s stock, valued at $6,885,508.40. This represents a 2.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,919 shares of company stock worth $2,993,000 over the last three months. 1.00% of the stock is currently owned by 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.