Qualys, Inc. (NASDAQ:QLYS) Shares Purchased by Intrust Bank NA

Intrust Bank NA grew its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 1.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,984 shares of the software maker’s stock after buying an additional 69 shares during the quarter. Intrust Bank NA’s holdings in Qualys were worth $978,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Retirement Systems of Alabama grew its stake in Qualys by 0.5% during the fourth quarter. Retirement Systems of Alabama now owns 46,072 shares of the software maker’s stock worth $9,043,000 after buying an additional 232 shares during the period. Russell Investments Group Ltd. increased its holdings in Qualys by 18.6% in the 4th quarter. Russell Investments Group Ltd. now owns 125,139 shares of the software maker’s stock valued at $24,585,000 after purchasing an additional 19,613 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in shares of Qualys during the fourth quarter worth about $197,000. Yousif Capital Management LLC boosted its position in shares of Qualys by 2.6% in the fourth quarter. Yousif Capital Management LLC now owns 17,403 shares of the software maker’s stock worth $3,416,000 after buying an additional 444 shares during the period. Finally, NewSquare Capital LLC acquired a new stake in shares of Qualys in the fourth quarter valued at about $3,731,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Qualys news, CFO Joo Mi Kim sold 723 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $164.76, for a total transaction of $119,121.48. Following the completion of the transaction, the chief financial officer now owns 100,289 shares of the company’s stock, valued at approximately $16,523,615.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CFO Joo Mi Kim sold 723 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $164.76, for a total transaction of $119,121.48. Following the completion of the transaction, the chief financial officer now directly owns 100,289 shares in the company, valued at $16,523,615.64. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Bruce K. Posey sold 1,430 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the sale, the insider now owns 63,057 shares in the company, valued at approximately $10,398,729.87. The disclosure for this sale can be found here. Insiders sold a total of 14,792 shares of company stock worth $2,455,489 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Qualys Stock Down 1.6 %

NASDAQ QLYS traded down $2.69 on Tuesday, hitting $165.58. The stock had a trading volume of 30,215 shares, compared to its average volume of 450,583. The company’s 50-day moving average is $166.63 and its two-hundred day moving average is $175.84. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 41.65 and a beta of 0.51. Qualys, Inc. has a one year low of $107.00 and a one year high of $206.35.

Qualys (NASDAQ:QLYS) last posted its 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. The firm had revenue of $144.57 million for the quarter, compared to analysts’ expectations of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. On average, sell-side analysts anticipate that Qualys, Inc. will post 3.35 earnings per share for the current year.

Wall Street Analyst Weigh In

QLYS has been the subject of several recent research reports. Truist Financial increased their price objective on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research report on Tuesday, January 16th. Stephens reiterated an “equal weight” rating and issued a $190.00 price objective on shares of Qualys in a report on Thursday, February 8th. Royal Bank of Canada dropped their target price on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 8th. TD Cowen assumed coverage on shares of Qualys in a research note on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price on the stock. Finally, StockNews.com downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Sunday, April 21st. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $154.57.

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.