Parallel Advisors LLC Purchases 141 Shares of Qualys, Inc. (NASDAQ:QLYS)

Parallel Advisors LLC increased its position in Qualys, Inc. (NASDAQ:QLYSFree Report) by 67.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 350 shares of the software maker’s stock after purchasing an additional 141 shares during the quarter. Parallel Advisors LLC’s holdings in Qualys were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of QLYS. Invesco Ltd. raised its holdings in shares of Qualys by 46.9% in the 3rd quarter. Invesco Ltd. now owns 250,661 shares of the software maker’s stock worth $38,238,000 after buying an additional 80,079 shares in the last quarter. Intrust Bank NA boosted its stake in shares of Qualys by 1.4% in the 4th quarter. Intrust Bank NA now owns 4,984 shares of the software maker’s stock valued at $978,000 after purchasing an additional 69 shares in the last quarter. NewSquare Capital LLC bought a new stake in shares of Qualys in the 4th quarter worth about $3,731,000. Principal Financial Group Inc. increased its position in shares of Qualys by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 151,120 shares of the software maker’s stock worth $29,662,000 after purchasing an additional 4,532 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in Qualys by 35.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 5,096 shares of the software maker’s stock valued at $1,000,000 after purchasing an additional 1,330 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Performance

Shares of QLYS opened at $135.12 on Friday. The firm has a market cap of $4.99 billion, a P/E ratio of 31.28 and a beta of 0.47. Qualys, Inc. has a twelve month low of $122.53 and a twelve month high of $206.35. The firm’s 50 day moving average price is $156.72 and its two-hundred day moving average price is $172.93.

Qualys (NASDAQ:QLYSGet Free Report) last released its earnings results on Tuesday, May 7th. The software maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.17. The business had revenue of $145.81 million during the quarter, compared to the consensus estimate of $145.67 million. Qualys had a net margin of 28.48% and a return on equity of 47.28%. On average, sell-side analysts anticipate that Qualys, Inc. will post 3.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Stephens reaffirmed an “equal weight” rating and set a $190.00 price objective on shares of Qualys in a research note on Thursday, February 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a report on Monday, May 13th. Royal Bank of Canada reduced their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 8th. StockNews.com upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Friday, May 17th. Finally, Scotiabank started coverage on shares of Qualys in a research report on Friday, April 26th. They set a “sector perform” rating and a $172.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $162.23.

Get Our Latest Stock Report on Qualys

Insider Transactions at Qualys

In related news, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $135.56, for a total transaction of $83,504.96. Following the transaction, the chief financial officer now directly owns 92,580 shares in the company, valued at $12,550,144.80. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, CFO Joo Mi Kim sold 616 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $135.56, for a total value of $83,504.96. Following the completion of the sale, the chief financial officer now directly owns 92,580 shares of the company’s stock, valued at $12,550,144.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Wendy Pfeiffer sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $145.72, for a total transaction of $291,440.00. Following the sale, the director now owns 8,490 shares of the company’s stock, valued at $1,237,162.80. The disclosure for this sale can be found here. Insiders have sold a total of 24,813 shares of company stock worth $3,826,294 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Qualys Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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