Qualys, Inc. (NASDAQ:QLYS) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lessened its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 17.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,068 shares of the software maker’s stock after selling 3,129 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Qualys were worth $2,963,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QLYS. HighTower Advisors LLC grew its holdings in Qualys by 3.9% during the 1st quarter. HighTower Advisors LLC now owns 8,057 shares of the software maker’s stock worth $1,155,000 after acquiring an additional 303 shares in the last quarter. Bank of Montreal Can grew its holdings in Qualys by 70.1% during the 1st quarter. Bank of Montreal Can now owns 5,721 shares of the software maker’s stock worth $822,000 after acquiring an additional 2,358 shares in the last quarter. Panagora Asset Management Inc. acquired a new position in Qualys during the 1st quarter worth approximately $1,224,000. Rhumbline Advisers grew its holdings in Qualys by 2.1% during the 1st quarter. Rhumbline Advisers now owns 91,561 shares of the software maker’s stock worth $13,039,000 after acquiring an additional 1,904 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Qualys by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,237 shares of the software maker’s stock worth $1,743,000 after acquiring an additional 1,167 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Performance

Shares of QLYS opened at $166.15 on Friday. The stock has a market capitalization of $6.14 billion, a P/E ratio of 41.13 and a beta of 0.51. The company’s fifty day moving average is $167.40 and its two-hundred day moving average is $174.76. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.26. The company had revenue of $144.57 million for the quarter, compared to analysts’ expectations of $144.69 million. Qualys had a net margin of 27.34% and a return on equity of 49.06%. Sell-side analysts predict that Qualys, Inc. will post 3.35 EPS for the current year.

Insider Buying and Selling at Qualys

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on QLYS shares. StockNews.com upgraded shares of Qualys from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. boosted their price objective on shares of Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research report on Thursday, February 8th. 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 report on Thursday, February 8th. 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 report on Thursday, February 8th. Finally, TD Cowen started coverage on shares of Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price objective for the company. Four research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $153.23.

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.