Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Y.D. More Investments Ltd

Y.D. More Investments Ltd lowered its holdings in Qualys, Inc. (NASDAQ:QLYS) by 41.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,987 shares of the software maker’s stock after selling 2,155 shares during the period. Y.D. More Investments Ltd’s holdings in Qualys were worth $563,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Invesco Ltd. grew its position in shares of Qualys by 46.9% in the third quarter. Invesco Ltd. now owns 250,661 shares of the software maker’s stock valued at $38,238,000 after purchasing an additional 80,079 shares during the period. NewSquare Capital LLC purchased a new stake in shares of Qualys in the fourth quarter valued at $3,731,000. Intrust Bank NA grew its position in Qualys by 1.4% during the fourth quarter. Intrust Bank NA now owns 4,984 shares of the software maker’s stock valued at $978,000 after acquiring an additional 69 shares during the period. Burney Co. grew its position in Qualys by 15.9% during the third quarter. Burney Co. now owns 83,984 shares of the software maker’s stock valued at $12,812,000 after acquiring an additional 11,496 shares during the period. Finally, Schroder Investment Management Group grew its position in Qualys by 24.1% during the third quarter. Schroder Investment Management Group now owns 89,802 shares of the software maker’s stock valued at $13,699,000 after acquiring an additional 17,456 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In other news, insider Bruce K. Posey sold 1,443 shares of the stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $167.33, for a total transaction of $241,457.19. Following the sale, the insider now directly owns 62,614 shares in the company, valued at approximately $10,477,200.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Joo Mi Kim sold 1,130 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bruce K. Posey sold 1,443 shares of the stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the transaction, the insider now directly owns 62,614 shares of the company’s stock, valued at $10,477,200.62. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,792 shares of company stock worth $2,455,489. 1.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

QLYS has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price target on Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research report on Thursday, February 8th. TD Cowen initiated coverage on Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price target for the company. Scotiabank initiated coverage on Qualys in a research report on Friday, April 26th. They set a “sector perform” rating and a $172.00 price target for the company. Stephens reissued an “equal weight” rating and set a $190.00 price target on shares of Qualys in a research report on Thursday, February 8th. Finally, Wedbush decreased their target price on Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, February 8th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Qualys has an average rating of “Hold” and a consensus price target of $154.57.

Qualys Stock Performance

NASDAQ:QLYS opened at $165.29 on Thursday. Qualys, Inc. has a one year low of $107.00 and a one year high of $206.35. The business’s 50-day simple moving average is $166.74 and its 200 day simple moving average is $175.79. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 40.91 and a beta of 0.51.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, topping the consensus estimate of $0.82 by $0.26. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The business had revenue of $144.57 million for the quarter, compared to analysts’ expectations of $144.69 million. On average, equities research analysts predict that Qualys, Inc. will post 3.35 EPS for the current year.

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.