Qualys, Inc. (NASDAQ:QLYS) Shares Bought by SkyOak Wealth LLC

SkyOak Wealth LLC grew its stake in Qualys, Inc. (NASDAQ:QLYS) by 83.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,041 shares of the software maker’s stock after buying an additional 2,288 shares during the quarter. SkyOak Wealth LLC’s holdings in Qualys were worth $719,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Principal Securities Inc. acquired a new position in Qualys during the fourth quarter worth $129,000. Vanguard Personalized Indexing Management LLC raised its position in shares of Qualys by 35.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 5,096 shares of the software maker’s stock worth $1,000,000 after purchasing an additional 1,330 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Qualys by 151.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,700 shares of the software maker’s stock valued at $726,000 after buying an additional 2,226 shares in the last quarter. Trexquant Investment LP boosted its holdings in Qualys by 5.5% in the 4th quarter. Trexquant Investment LP now owns 31,146 shares of the software maker’s stock worth $6,113,000 after buying an additional 1,636 shares during the last quarter. Finally, Quest Partners LLC acquired a new stake in Qualys in the 4th quarter worth about $524,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Activity at Qualys

In other Qualys news, CFO Joo Mi Kim sold 634 shares of the company’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $144.75, for a total transaction of $91,771.50. Following the sale, the chief financial officer now owns 90,745 shares in the company, valued at approximately $13,135,338.75. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Bruce K. Posey sold 1,339 shares of the business’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $143.35, for a total transaction of $191,945.65. Following the completion of the transaction, the insider now owns 58,947 shares in the company, valued at $8,450,052.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 634 shares of the firm’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $144.75, for a total value of $91,771.50. Following the completion of the sale, the chief financial officer now owns 90,745 shares in the company, valued at $13,135,338.75. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,535 shares of company stock worth $1,624,105. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on QLYS. Wedbush decreased their target price on Qualys from $190.00 to $160.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a report on Monday, August 5th. Scotiabank decreased their price target on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. DA Davidson upgraded Qualys from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 7th. Finally, StockNews.com downgraded Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $147.83.

Qualys Stock Down 1.7 %

NASDAQ:QLYS opened at $124.32 on Wednesday. The stock’s fifty day moving average is $131.73 and its two-hundred day moving average is $146.51. Qualys, Inc. has a 52 week low of $119.32 and a 52 week high of $206.35. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 28.78 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.20. The firm had revenue of $148.70 million for the quarter, compared to the consensus estimate of $148.80 million. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.95 EPS. On average, sell-side analysts expect that Qualys, Inc. will post 3.94 EPS for the current fiscal 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.