Fort Washington Investment Advisors Inc. OH Acquires 430 Shares of Qualys, Inc. (NASDAQ:QLYS)

Fort Washington Investment Advisors Inc. OH increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,440 shares of the software maker’s stock after purchasing an additional 430 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Qualys were worth $21,656,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Financial Enhancement Group LLC raised its holdings in Qualys by 1.5% during the 3rd 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 during the period. Bank of Montreal Can increased its position 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 acquiring an additional 107 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Qualys by 0.3% during the second quarter. The Manufacturers Life Insurance Company now owns 46,436 shares of the software maker’s stock worth $6,622,000 after acquiring an additional 127 shares during the period. West Coast Financial LLC lifted its position in Qualys by 0.6% in the 3rd quarter. West Coast Financial LLC now owns 23,177 shares of the software maker’s stock valued at $2,977,000 after acquiring an additional 127 shares in the last quarter. Finally, Quarry LP boosted its stake in Qualys by 56.2% in the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after purchasing an additional 158 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Performance

Qualys stock opened at $140.98 on Thursday. The stock has a 50-day simple moving average of $144.95 and a 200 day simple moving average of $135.64. The stock has a market capitalization of $5.16 billion, a P/E ratio of 31.05 and a beta of 0.57. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $200.90.

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

Analyst Ratings Changes

QLYS has been the topic of several recent research reports. Morgan Stanley lifted their price target on Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. DA Davidson lifted their target price on Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. TD Cowen boosted their target price on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Truist Financial raised their price target on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. Finally, Wolfe Research raised shares of Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $152.80.

Insider Buying and Selling at Qualys

In other news, Director Jeffrey P. Hank sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $146.31, for a total transaction of $585,240.00. Following the completion of the sale, the director now owns 12,666 shares in the company, valued at $1,853,162.46. The trade was a 24.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Bruce K. Posey sold 8,555 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $154.62, for a total value of $1,322,774.10. Following the transaction, the insider now owns 64,032 shares in the company, valued at approximately $9,900,627.84. This trade represents a 11.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,259 shares of company stock worth $4,578,153 over the last ninety days. Insiders own 1.00% of the company’s stock.

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.