Congress Wealth Management LLC DE Increases Holdings in Qualys, Inc. (NASDAQ:QLYS)

Congress Wealth Management LLC DE grew its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,345 shares of the software maker’s stock after buying an additional 2,097 shares during the period. Congress Wealth Management LLC DE owned 0.37% of Qualys worth $26,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of QLYS. Invesco Ltd. increased its position in shares of Qualys by 46.9% during the third quarter. Invesco Ltd. now owns 250,661 shares of the software maker’s stock worth $38,238,000 after purchasing an additional 80,079 shares in the last quarter. Intrust Bank NA increased its position in Qualys by 1.4% in the 4th 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. NewSquare Capital LLC acquired a new position in Qualys in the 4th quarter valued at about $3,731,000. Burney Co. increased its position in Qualys by 15.9% in the 3rd 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, Principal Financial Group Inc. increased its position in Qualys by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 151,120 shares of the software maker’s stock valued at $29,662,000 after acquiring an additional 4,532 shares during the period. 99.31% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Joo Mi Kim sold 928 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $167.97, for a total value of $155,876.16. Following the sale, the chief financial officer now owns 93,196 shares of the company’s stock, valued at $15,654,132.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Joo Mi Kim sold 928 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $167.97, for a total value of $155,876.16. Following the sale, the chief financial officer now owns 93,196 shares of the company’s stock, valued at $15,654,132.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Bruce K. Posey sold 1,430 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total transaction of $235,821.30. Following the sale, the insider now directly owns 63,057 shares in the company, valued at $10,398,729.87. The disclosure for this sale can be found here. Insiders sold a total of 15,920 shares of company stock valued at $2,613,011 in the last quarter. Insiders own 1.00% of the company’s stock.

Qualys Trading Up 0.2 %

Qualys stock traded up $0.23 on Friday, reaching $146.48. 323,037 shares of the stock were exchanged, compared to its average volume of 465,403. The stock has a market cap of $5.41 billion, a PE ratio of 33.91 and a beta of 0.51. Qualys, Inc. has a twelve month low of $122.53 and a twelve month high of $206.35. The firm has a fifty day moving average price of $161.95 and a two-hundred day moving average price of $175.22.

Analyst Ratings Changes

Several equities research analysts have recently commented on QLYS shares. Robert W. Baird decreased their price target on Qualys from $175.00 to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 8th. Scotiabank started coverage on Qualys in a research note on Friday, April 26th. They set a “sector perform” rating and a $172.00 price target on the stock. Royal Bank of Canada decreased their price target on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 8th. TD Cowen started coverage on Qualys in a research note on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price target on the stock. Finally, Stephens reissued an “equal weight” rating and set a $190.00 price target on shares of Qualys in a research note on Thursday, February 8th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $162.23.

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.