Yousif Capital Management LLC Boosts Stake in Qualys, Inc. (NASDAQ:QLYS)

Yousif Capital Management LLC raised its position in Qualys, Inc. (NASDAQ:QLYS) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,403 shares of the software maker’s stock after buying an additional 444 shares during the period. Yousif Capital Management LLC’s holdings in Qualys were worth $3,416,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its stake in Qualys by 24.9% in the 4th quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock valued at $57,000 after buying an additional 58 shares during the last quarter. KLR Investment Advisors LLC increased its stake in Qualys by 3.3% in the 3rd quarter. KLR Investment Advisors LLC now owns 2,384 shares of the software maker’s stock valued at $364,000 after buying an additional 77 shares during the last quarter. New York State Common Retirement Fund increased its stake in Qualys by 0.5% in the 3rd quarter. New York State Common Retirement Fund now owns 18,724 shares of the software maker’s stock valued at $2,856,000 after buying an additional 97 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock valued at $43,000 after acquiring an additional 99 shares during the period. Finally, Xponance Inc. grew its position in shares of Qualys by 1.7% during the 3rd quarter. Xponance Inc. now owns 6,266 shares of the software maker’s stock valued at $956,000 after acquiring an additional 103 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on QLYS shares. Stephens reissued an “equal weight” rating and set a $190.00 target price on shares of Qualys in a research report on Thursday, February 8th. JPMorgan Chase & Co. increased their target price on shares of Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research report on Thursday, February 8th. Wedbush reduced their target price on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, February 8th. Royal Bank of Canada reduced their target price on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research report on Thursday, February 8th. Finally, Scotiabank started coverage on shares of Qualys in a research report on Friday. They set a “sector perform” rating and a $172.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Qualys has a consensus rating of “Hold” and a consensus price target of $154.57.

Insider Buying and Selling at Qualys

In other Qualys news, CFO Joo Mi Kim sold 1,130 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $169.49, for a total value of $191,523.70. Following the completion of the transaction, the chief financial officer now directly owns 96,734 shares of the company’s stock, valued at approximately $16,395,445.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CFO Joo Mi Kim sold 1,130 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $169.49, for a total transaction of $191,523.70. Following the sale, the chief financial officer now owns 96,734 shares in the company, valued at approximately $16,395,445.66. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 4,034 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $163.96, for a total transaction of $661,414.64. Following the sale, the chief executive officer now owns 193,608 shares in the company, valued at approximately $31,743,967.68. The disclosure for this sale can be found here. Insiders sold a total of 14,792 shares of company stock valued at $2,455,489 in the last three months. Company insiders own 1.20% of the company’s stock.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $170.36 on Friday. The firm has a fifty day moving average price of $166.55 and a two-hundred day moving average price of $175.68. Qualys, Inc. has a one year low of $107.00 and a one year high of $206.35. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 42.17 and a beta of 0.51.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, beating the consensus estimate of $0.82 by $0.26. Qualys had a net margin of 27.34% and a return on equity of 49.06%. The firm had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Equities research analysts expect that Qualys, Inc. will post 3.35 EPS for the current fiscal 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.