Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. cut its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 14.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 33,891 shares of the software maker’s stock after selling 5,558 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Qualys were worth $5,655,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP acquired a new position in shares of Qualys in the fourth quarter worth $18,844,000. Dorsey Wright & Associates purchased a new stake in shares of Qualys in the fourth quarter worth about $4,455,000. Intrust Bank NA boosted its position in shares of Qualys by 1.4% in the fourth quarter. Intrust Bank NA now owns 4,984 shares of the software maker’s stock worth $978,000 after buying an additional 69 shares during the period. NewSquare Capital LLC purchased a new stake in shares of Qualys in the fourth quarter worth about $3,731,000. Finally, Roberts Wealth Advisors LLC purchased a new position in Qualys in the first quarter valued at about $863,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on QLYS shares. Robert W. Baird reduced their price target on Qualys from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Wednesday, May 8th. Truist Financial reduced their price target on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, May 8th. StockNews.com upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Friday. Scotiabank initiated coverage on Qualys in a research note on Friday, April 26th. They set a “sector perform” rating and a $172.00 price objective on the stock. Finally, Needham & Company LLC restated a “hold” rating on shares of Qualys in a research note on Monday, May 13th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Qualys currently has a consensus rating of “Hold” and a consensus target price of $164.50.

Insider Buying and Selling at Qualys

In other Qualys news, CFO Joo Mi Kim sold 928 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $167.97, for a total transaction of $155,876.16. Following the completion of the transaction, the chief financial officer now directly owns 93,196 shares of the company’s stock, valued at approximately $15,654,132.12. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Qualys news, CFO Joo Mi Kim sold 928 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $167.97, for a total transaction of $155,876.16. Following the completion of the transaction, the chief financial officer now directly owns 93,196 shares of the company’s stock, valued at approximately $15,654,132.12. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 1,339 shares of the firm’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total value of $191,945.65. Following the sale, the insider now directly owns 58,947 shares of the company’s stock, valued at $8,450,052.45. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,027 shares of company stock valued at $4,216,326. 1.00% of the stock is owned by corporate insiders.

Qualys Trading Up 2.1 %

Shares of Qualys stock opened at $147.47 on Monday. The business’s 50 day simple moving average is $141.11 and its 200-day simple moving average is $160.14. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 34.14 and a beta of 0.49. Qualys, Inc. has a twelve month low of $131.07 and a twelve month high of $206.35.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, May 7th. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17. Qualys had a return on equity of 47.28% and a net margin of 28.48%. The business had revenue of $145.81 million during the quarter, compared to analyst estimates of $145.67 million. Sell-side analysts predict that Qualys, Inc. will post 3.42 earnings per share for the current year.

Qualys 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.