Qualys, Inc. (NASDAQ:QLYS) Holdings Boosted by Marshall Financial Group LLC

Marshall Financial Group LLC raised its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,312 shares of the software maker’s stock after purchasing an additional 219 shares during the quarter. Marshall Financial Group LLC’s holdings in Qualys were worth $1,325,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of QLYS. Wallace Advisory Group LLC raised its position in Qualys by 4.0% during the first quarter. Wallace Advisory Group LLC now owns 1,646 shares of the software maker’s stock valued at $275,000 after buying an additional 63 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Qualys by 0.4% in the 4th quarter. Fisher Asset Management LLC now owns 23,700 shares of the software maker’s stock valued at $4,652,000 after purchasing an additional 89 shares during the period. Bridge City Capital LLC lifted its position in shares of Qualys by 0.8% in the first quarter. Bridge City Capital LLC now owns 12,630 shares of the software maker’s stock worth $2,108,000 after purchasing an additional 97 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of Qualys by 2.2% during the second quarter. Bank of Montreal Can now owns 4,896 shares of the software maker’s stock worth $699,000 after purchasing an additional 107 shares during the period. Finally, Legacy Advisors LLC grew its position in Qualys by 1.4% during the second quarter. Legacy Advisors LLC now owns 8,272 shares of the software maker’s stock valued at $1,180,000 after purchasing an additional 113 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $125.21, for a total transaction of $876,470.00. Following the sale, the chief executive officer now directly owns 179,649 shares of the company’s stock, valued at $22,493,851.29. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Qualys news, insider Bruce K. Posey sold 1,339 shares of Qualys stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the sale, the insider now directly owns 58,947 shares of the company’s stock, valued at approximately $8,450,052.45. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $125.21, for a total value of $876,470.00. Following the completion of the transaction, the chief executive officer now directly owns 179,649 shares of the company’s stock, valued at approximately $22,493,851.29. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,535 shares of company stock worth $1,469,140 in the last ninety days. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

QLYS has been the subject of a number of research analyst reports. Northland Securities reiterated a “market perform” rating and issued a $140.00 target price (down previously from $150.00) on shares of Qualys in a research report on Wednesday, August 7th. Scotiabank cut their price objective on Qualys from $167.00 to $150.00 and set a “sector perform” rating for the company in a report on Wednesday, August 7th. Needham & Company LLC restated a “hold” rating on shares of Qualys in a research note on Wednesday, August 7th. StockNews.com downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Finally, Royal Bank of Canada reduced their price objective on shares of Qualys from $180.00 to $150.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $146.08.

Qualys Stock Down 1.4 %

QLYS opened at $124.43 on Friday. The stock’s 50 day moving average price is $124.62 and its two-hundred day moving average price is $140.40. The firm has a market capitalization of $4.60 billion, a P/E ratio of 28.80 and a beta of 0.46. Qualys, Inc. has a 12-month low of $119.32 and a 12-month high of $206.35.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.20. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The company had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. During the same period in the prior year, the business earned $0.95 earnings per share. Qualys’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, analysts anticipate that Qualys, Inc. will post 3.94 earnings per share for the current year.

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.