Qualys, Inc. (NASDAQ:QLYS) Position Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in shares of Qualys, Inc. (NASDAQ:QLYSFree Report) by 8.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 469,731 shares of the software maker’s stock after acquiring an additional 35,174 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Qualys were worth $71,657,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. BlackRock Inc. grew its holdings in shares of Qualys by 4.1% during the 2nd quarter. BlackRock Inc. now owns 4,743,758 shares of the software maker’s stock valued at $612,751,000 after acquiring an additional 185,497 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Qualys by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 3,450,602 shares of the software maker’s stock valued at $480,980,000 after purchasing an additional 21,420 shares during the last quarter. State Street Corp lifted its stake in shares of Qualys by 2.0% in the 1st quarter. State Street Corp now owns 1,218,298 shares of the software maker’s stock valued at $158,386,000 after purchasing an additional 24,307 shares during the last quarter. Congress Asset Management Co. MA lifted its stake in shares of Qualys by 5.0% in the 3rd quarter. Congress Asset Management Co. MA now owns 1,137,107 shares of the software maker’s stock valued at $173,466,000 after purchasing an additional 54,219 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Qualys by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 899,809 shares of the software maker’s stock valued at $116,561,000 after purchasing an additional 22,564 shares during the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

QLYS has been the subject of several analyst reports. Stephens reaffirmed an “equal weight” rating and issued a $190.00 price objective on shares of Qualys in a research note on Thursday, February 8th. JPMorgan Chase & Co. lifted their price objective on shares of Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research note on Thursday, February 8th. Piper Sandler lifted their price objective on shares of Qualys from $109.00 to $117.00 and gave the company an “underweight” rating in a research note on Friday, November 3rd. Wedbush reduced their price objective on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, February 8th. Finally, Royal Bank of Canada reduced their price objective on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research note on Thursday, February 8th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued 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 $151.57.

Get Our Latest Report on QLYS

Insider Transactions at Qualys

In other news, insider Bruce K. Posey sold 6,300 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $180.81, for a total transaction of $1,139,103.00. Following the transaction, the insider now owns 63,255 shares in the company, valued at approximately $11,437,136.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Bruce K. Posey sold 6,300 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $180.81, for a total transaction of $1,139,103.00. Following the transaction, the insider now owns 63,255 shares in the company, valued at approximately $11,437,136.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 1,000 shares of the company’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $203.81, for a total transaction of $203,810.00. Following the completion of the sale, the insider now directly owns 63,255 shares in the company, valued at approximately $12,892,001.55. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,193 shares of company stock worth $4,103,753. 1.20% of the stock is currently owned by company insiders.

Qualys Stock Performance

NASDAQ:QLYS opened at $171.65 on Tuesday. The firm’s 50-day moving average is $191.05 and its 200-day moving average is $169.64. Qualys, Inc. has a 52-week low of $107.00 and a 52-week high of $206.35. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 42.49 and a beta of 0.54.

Qualys Company Profile

(Free Report)

Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Custom Assessment and Remediation; Context Extended Detection and Response; Network Detection and Response; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.

Further Reading

Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYSFree Report).

Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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