Xponance Inc. Has $1.25 Million Stake in Qualys, Inc. (NASDAQ:QLYS)

Xponance Inc. raised its position in Qualys, Inc. (NASDAQ:QLYS) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,376 shares of the software maker’s stock after acquiring an additional 110 shares during the quarter. Xponance Inc.’s holdings in Qualys were worth $1,251,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Qualys by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,739,966 shares of the software maker’s stock valued at $570,532,000 after purchasing an additional 45,867 shares during the last quarter. Congress Asset Management Co. MA lifted its position in shares of Qualys by 5.0% in the third quarter. Congress Asset Management Co. MA now owns 1,137,107 shares of the software maker’s stock valued at $173,466,000 after buying an additional 54,219 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Qualys by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 887,988 shares of the software maker’s stock worth $135,463,000 after acquiring an additional 12,794 shares during the period. Northern Trust Corp increased its holdings in shares of Qualys by 2.6% during the 3rd quarter. Northern Trust Corp now owns 570,957 shares of the software maker’s stock worth $87,099,000 after acquiring an additional 14,273 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of Qualys by 2.2% during the 3rd quarter. FMR LLC now owns 517,735 shares of the software maker’s stock worth $78,980,000 after acquiring an additional 10,946 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Analysts Set New Price Targets

QLYS has been the subject of a number of research analyst reports. 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. Truist Financial upped their price target on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, January 16th. StockNews.com downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Sunday. TD Cowen initiated coverage on Qualys in a research report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price on the stock. Finally, Wedbush dropped their price target on Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, February 8th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued 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 $153.23.

Insiders Place Their Bets

In other news, insider Bruce K. Posey sold 1,443 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now owns 62,614 shares of the company’s stock, valued at approximately $10,477,200.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Sumedh S. Thakar sold 4,120 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $167.62, for a total value of $690,594.40. Following the completion of the transaction, the chief executive officer now owns 194,481 shares of the company’s stock, valued at approximately $32,598,905.22. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Bruce K. Posey sold 1,443 shares of the business’s stock in a transaction 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 disclosure for this sale can be found here. Insiders sold 14,792 shares of company stock worth $2,455,489 over the last three months. Insiders own 1.20% of the company’s stock.

Qualys Stock Up 0.3 %

QLYS opened at $172.11 on Thursday. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 42.60 and a beta of 0.51. Qualys, Inc. has a twelve month low of $107.00 and a twelve month high of $206.35. The company has a 50-day simple moving average of $166.41 and a 200 day simple moving average of $175.60.

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