Qualys, Inc. (NASDAQ:QLYS) Holdings Lifted by Fisher Asset Management LLC

Fisher Asset Management LLC raised its holdings in Qualys, Inc. (NASDAQ:QLYS) by 13.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 185,277 shares of the software maker’s stock after acquiring an additional 21,924 shares during the quarter. Fisher Asset Management LLC owned 0.51% of Qualys worth $23,801,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its stake in Qualys by 294.7% during the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after purchasing an additional 168 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Qualys by 149.0% in the second quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after buying an additional 143 shares in the last quarter. Quarry LP acquired a new stake in shares of Qualys during the 2nd quarter valued at $40,000. DT Investment Partners LLC bought a new stake in shares of Qualys during the 2nd quarter worth $41,000. Finally, Exchange Traded Concepts LLC raised its position in shares of Qualys by 53.6% during the third quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock worth $82,000 after purchasing an additional 223 shares during the period. Institutional investors own 99.31% of the company’s stock.

Qualys Trading Down 0.8 %

QLYS stock opened at $154.68 on Thursday. The firm has a market cap of $5.66 billion, a PE ratio of 34.07 and a beta of 0.47. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $206.35. The company has a fifty day simple moving average of $132.50 and a 200 day simple moving average of $134.78.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.23. The company had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.24 EPS. As a group, analysts forecast that Qualys, Inc. will post 4.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Scotiabank decreased their target price on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating for the company in a report on Wednesday, August 7th. Royal Bank of Canada lifted their price objective on shares of Qualys from $150.00 to $162.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 6th. Wedbush reduced their target price on Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. UBS Group lifted their price target on Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, Morgan Stanley increased their price objective on Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $152.80.

Insider Buying and Selling at Qualys

In other news, insider Bruce K. Posey sold 1,339 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $123.56, for a total value of $165,446.84. Following the sale, the insider now directly owns 55,279 shares of the company’s stock, valued at approximately $6,830,273.24. This trade represents a 2.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $123.54, for a total value of $76,100.64. Following the transaction, the chief financial officer now directly owns 86,576 shares of the company’s stock, valued at $10,695,599.04. This represents a 0.71 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,919 shares of company stock worth $2,993,000 over the last 90 days. Insiders own 1.00% of the company’s stock.

Qualys Company 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.