SG Americas Securities LLC Acquires 248 Shares of Qualys, Inc. (NASDAQ:QLYS)

SG Americas Securities LLC lifted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 27.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,154 shares of the software maker’s stock after purchasing an additional 248 shares during the period. SG Americas Securities LLC’s holdings in Qualys were worth $227,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Baker Tilly Wealth Management LLC raised its holdings in Qualys by 11.5% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 4,569 shares of the software maker’s stock valued at $897,000 after acquiring an additional 471 shares in the last quarter. Shilanski & Associates Inc. acquired a new position in Qualys in the 4th quarter valued at approximately $232,000. Wallace Advisory Group LLC acquired a new position in Qualys in the 4th quarter valued at approximately $311,000. Diversified Trust Co acquired a new position in Qualys in the 4th quarter valued at approximately $209,000. Finally, FCF Advisors LLC raised its holdings in Qualys by 80.3% in the 4th quarter. FCF Advisors LLC now owns 8,692 shares of the software maker’s stock valued at $1,706,000 after acquiring an additional 3,872 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 5,005 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $192.05, for a total value of $961,210.25. Following the transaction, the chief executive officer now directly owns 182,213 shares in the company, valued at approximately $34,994,006.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Qualys news, insider Bruce K. Posey sold 1,000 shares of the stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $197.78, for a total value of $197,780.00. Following the transaction, the insider now directly owns 63,255 shares in the company, valued at approximately $12,510,573.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 5,005 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $192.05, for a total value of $961,210.25. Following the completion of the transaction, the chief executive officer now owns 182,213 shares in the company, valued at $34,994,006.65. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,320 shares of company stock worth $2,711,608. Insiders own 1.20% of the company’s stock.

Qualys Price Performance

NASDAQ QLYS opened at $166.78 on Friday. The firm has a market cap of $6.17 billion, a PE ratio of 41.28 and a beta of 0.51. Qualys, Inc. has a one year low of $107.00 and a one year high of $206.35. The stock’s 50 day simple moving average is $167.84 and its 200 day simple moving average is $174.67.

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

Wall Street Analysts Forecast Growth

QLYS has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price target on Qualys from $146.00 to $152.00 and gave the company an “underweight” rating 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 for the company in a report on Thursday, February 8th. StockNews.com cut Qualys from a “buy” rating to a “hold” rating in a report on Friday, April 5th. Stephens reissued an “equal weight” rating and issued a $190.00 target price on shares of Qualys in a report on Thursday, February 8th. Finally, TD Cowen began coverage on Qualys in a report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $153.23.

About Qualys

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.