Bruce K. Posey Sells 1,330 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 1,330 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $145.24, for a total value of $193,169.20. Following the transaction, the insider now owns 59,616 shares in the company, valued at $8,658,627.84. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Qualys Stock Up 0.5 %

NASDAQ QLYS opened at $145.31 on Thursday. Qualys, Inc. has a 52 week low of $119.12 and a 52 week high of $206.35. The firm has a 50 day moving average of $162.37 and a two-hundred day moving average of $175.42. The stock has a market capitalization of $5.37 billion, a PE ratio of 33.64 and a beta of 0.51.

Hedge Funds Weigh In On Qualys

Several large investors have recently bought and sold shares of QLYS. Commonwealth Equity Services LLC increased its holdings in shares of Qualys by 13.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,705 shares of the software maker’s stock valued at $565,000 after acquiring an additional 452 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock worth $43,000 after buying an additional 99 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of Qualys by 18.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 10,964 shares of the software maker’s stock valued at $1,673,000 after buying an additional 1,693 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in shares of Qualys by 74.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 4,546 shares of the software maker’s stock valued at $693,000 after buying an additional 1,942 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in Qualys during the 3rd quarter worth $204,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on QLYS shares. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a research note on Monday, May 13th. TD Cowen initiated coverage on shares of Qualys in a research report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price on the stock. Royal Bank of Canada lowered their target price on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research note on Thursday, February 8th. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a research note on Friday, May 17th. Finally, Truist Financial lowered their price objective on shares of Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has an average 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.