Cwm LLC Sells 200 Shares of Qualys, Inc. (NASDAQ:QLYS)

Cwm LLC lowered its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 47.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 222 shares of the software maker’s stock after selling 200 shares during the period. Cwm LLC’s holdings in Qualys were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in QLYS. Signaturefd LLC boosted its holdings in Qualys by 24.9% in the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock worth $57,000 after acquiring an additional 58 shares in the last quarter. Calamos Advisors LLC bought a new position in shares of Qualys in the 4th quarter worth $591,000. Xponance Inc. grew its position in Qualys by 1.8% in the 4th quarter. Xponance Inc. now owns 6,376 shares of the software maker’s stock valued at $1,251,000 after purchasing an additional 110 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Qualys during the 4th quarter valued at $363,000. Finally, DGS Capital Management LLC acquired a new position in Qualys during the fourth quarter worth $302,000. Institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

QLYS opened at $151.87 on Friday. The firm has a market cap of $5.61 billion, a P/E ratio of 37.59 and a beta of 0.51. Qualys, Inc. has a fifty-two week low of $113.00 and a fifty-two week high of $206.35. The firm has a 50-day moving average of $166.19 and a 200 day moving average of $175.70.

Qualys (NASDAQ:QLYS) last released its earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.26. The firm 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%. Equities research analysts predict that Qualys, Inc. will post 3.35 earnings per share for the current fiscal year.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 1,430 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total value of $235,821.30. Following the completion of the sale, the insider now directly owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Bruce K. Posey sold 1,430 shares of Qualys stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total value of $235,821.30. Following the completion of the transaction, the insider now owns 63,057 shares in the company, valued at $10,398,729.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sumedh S. Thakar sold 4,034 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $163.96, for a total transaction of $661,414.64. Following the sale, the chief executive officer now owns 193,608 shares in the company, valued at $31,743,967.68. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 14,590 shares of company stock worth $2,419,842. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on QLYS shares. TD Cowen assumed coverage on shares of Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price for the company. Truist Financial lowered their price objective on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research note on Wednesday. Scotiabank started coverage on Qualys in a research report on Friday, April 26th. They set a “sector perform” rating and a $172.00 target price on the stock. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a report on Thursday, February 8th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $162.23.

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.