Aperio Group LLC Increases Stock Holdings in Qualys Inc (NASDAQ:QLYS)
Aperio Group LLC raised its holdings in shares of Qualys Inc (NASDAQ:QLYS) by 5.6% in the first quarter, Holdings Channel.com reports. The firm owned 16,847 shares of the software maker’s stock after buying an additional 886 shares during the period. Aperio Group LLC’s holdings in Qualys were worth $1,466,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. First Quadrant L P CA grew its stake in Qualys by 77.0% during the 1st quarter. First Quadrant L P CA now owns 1,126 shares of the software maker’s stock valued at $98,000 after purchasing an additional 490 shares in the last quarter. ClariVest Asset Management LLC bought a new stake in shares of Qualys in the 1st quarter worth approximately $592,000. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of Qualys by 25.1% in the 1st quarter. Los Angeles Capital Management & Equity Research Inc. now owns 54,439 shares of the software maker’s stock worth $4,736,000 after purchasing an additional 10,915 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its holdings in shares of Qualys by 20.8% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 6,797 shares of the software maker’s stock worth $591,000 after purchasing an additional 1,171 shares during the last quarter. Finally, Natixis Advisors L.P. lifted its holdings in shares of Qualys by 14.6% in the 1st quarter. Natixis Advisors L.P. now owns 56,547 shares of the software maker’s stock worth $4,919,000 after purchasing an additional 7,198 shares during the last quarter. Hedge funds and other institutional investors own 89.72% of the company’s stock.
In other news, CFO Melissa B. Fisher sold 450 shares of Qualys stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $75.00, for a total transaction of $33,750.00. Following the transaction, the chief financial officer now owns 179,589 shares in the company, valued at $13,469,175. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sumedh S. Thakar sold 14,744 shares of Qualys stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $99.13, for a total value of $1,461,572.72. Following the transaction, the insider now owns 214,901 shares in the company, valued at approximately $21,303,136.13. The disclosure for this sale can be found here. Insiders sold a total of 188,313 shares of company stock worth $19,751,612 over the last 90 days. Insiders own 17.30% of the company’s stock.
Qualys (NASDAQ:QLYS) last issued its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.23. The business had revenue of $86.30 million for the quarter, compared to analysts’ expectations of $85.81 million. Qualys had a return on equity of 19.56% and a net margin of 22.48%. The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. As a group, sell-side analysts expect that Qualys Inc will post 1.78 EPS for the current year.
Several analysts have weighed in on the company. Royal Bank of Canada lifted their target price on Qualys from $85.00 to $101.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Zacks Investment Research downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Wednesday, April 15th. ValuEngine downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Monness Crespi & Hardt downgraded Qualys from a “buy” rating to a “neutral” rating in a research note on Friday, May 1st. Finally, Goldman Sachs Group began coverage on Qualys in a research note on Tuesday, March 24th. They issued a “neutral” rating and a $96.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. Qualys presently has an average rating of “Hold” and a consensus price target of $104.50.
Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
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