Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 9.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,431 shares of the software maker’s stock after selling 268 shares during the period. Atria Wealth Solutions Inc.’s holdings in Qualys were worth $477,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. McGlone Suttner Wealth Management Inc. bought a new position in shares of Qualys in the 4th quarter worth about $30,000. Blue Trust Inc. lifted its holdings in Qualys by 218.2% in the fourth quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock worth $41,000 after acquiring an additional 144 shares during the last quarter. Fifth Third Bancorp boosted its stake in Qualys by 54.1% in the third quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock valued at $43,000 after acquiring an additional 99 shares during the period. Signaturefd LLC lifted its holdings in shares of Qualys by 24.9% in the 4th quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock worth $57,000 after purchasing an additional 58 shares during the last quarter. Finally, GAMMA Investing LLC bought a new stake in shares of Qualys in the 4th quarter worth approximately $86,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Price Performance

Shares of QLYS opened at $170.19 on Tuesday. Qualys, Inc. has a 12-month low of $112.17 and a 12-month high of $206.35. The stock has a market capitalization of $6.29 billion, a P/E ratio of 42.13 and a beta of 0.51. The firm’s 50 day moving average is $166.95 and its 200-day moving average is $175.98.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results 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. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The company had revenue of $144.57 million for the quarter, compared to analysts’ expectations of $144.69 million. As a group, equities research analysts forecast that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 1,443 shares of the business’s stock in a transaction dated 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 owns 62,614 shares in the company, valued at approximately $10,477,200.62. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Qualys news, insider Bruce K. Posey sold 1,443 shares of Qualys stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $167.33, for a total transaction of $241,457.19. Following the transaction, the insider now directly owns 62,614 shares in the company, valued at approximately $10,477,200.62. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 4,120 shares of the stock in a transaction 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 sale, the chief executive officer now owns 194,481 shares of the company’s stock, valued at approximately $32,598,905.22. The disclosure for this sale can be found here. Insiders sold 13,662 shares of company stock worth $2,263,965 in the last quarter. 1.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on QLYS. Stephens reaffirmed an “equal weight” rating and issued a $190.00 target price on shares of Qualys in a research report on Thursday, February 8th. TD Cowen assumed coverage on shares of Qualys in a research note on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price for the company. Scotiabank started coverage on shares of Qualys in a research note on Friday, April 26th. They issued a “sector perform” rating and a $172.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research report on Thursday, February 8th. Finally, Wedbush decreased their price objective 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, seven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $157.62.

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.