LS Investment Advisors LLC decreased its position in Qualys, Inc. (NASDAQ:QLYS) by 0.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,375 shares of the software maker’s stock after selling 28 shares during the period. LS Investment Advisors LLC’s holdings in Qualys were worth $138,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. State of Alaska Department of Revenue raised its position in Qualys by 4.8% in the first quarter. State of Alaska Department of Revenue now owns 3,250 shares of the software maker’s stock worth $123,000 after buying an additional 150 shares during the last quarter. US Bancorp DE raised its position in shares of Qualys by 448.8% in the first quarter. US Bancorp DE now owns 3,743 shares of the software maker’s stock worth $142,000 after buying an additional 3,061 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Qualys by 131.6% in the first quarter. Victory Capital Management Inc. now owns 3,847 shares of the software maker’s stock worth $146,000 after buying an additional 2,186 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Qualys during the first quarter worth approximately $205,000. Finally, BNP Paribas Arbitrage SA raised its position in shares of Qualys by 16.2% in the first quarter. BNP Paribas Arbitrage SA now owns 5,651 shares of the software maker’s stock worth $214,000 after buying an additional 786 shares in the last quarter. 75.29% of the stock is currently owned by institutional investors and hedge funds.
Shares of Qualys, Inc. (QLYS) traded up 1.83% during trading on Friday, hitting $44.40. The stock had a trading volume of 76,790 shares. The firm has a 50-day moving average price of $42.12 and a 200 day moving average price of $39.00. Qualys, Inc. has a 52 week low of $30.08 and a 52 week high of $47.50. The company has a market capitalization of $1.67 billion, a PE ratio of 43.44 and a beta of 0.93.
Qualys (NASDAQ:QLYS) last released its earnings results on Wednesday, August 2nd. The software maker reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. Qualys had a return on equity of 14.69% and a net margin of 18.92%. The company had revenue of $55.30 million during the quarter, compared to analyst estimates of $54.87 million. During the same quarter in the previous year, the company posted $0.20 EPS. Qualys’s revenue for the quarter was up 14.3% on a year-over-year basis. Equities analysts anticipate that Qualys, Inc. will post $0.91 earnings per share for the current year.
A number of brokerages have commented on QLYS. J P Morgan Chase & Co raised Qualys from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $40.00 to $55.00 in a report on Thursday, August 3rd. Royal Bank Of Canada reiterated a “hold” rating and issued a $45.00 target price on shares of Qualys in a research report on Monday, July 31st. Imperial Capital reiterated an “outperform” rating and issued a $50.00 target price (up from $46.00) on shares of Qualys in a research report on Wednesday. BidaskClub downgraded Qualys from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research downgraded Qualys from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $45.25.
In other news, Director Peter Pace sold 12,000 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $44.88, for a total value of $538,560.00. Following the completion of the sale, the director now owns 35,155 shares of the company’s stock, valued at approximately $1,577,756.40. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Bruce K. Posey sold 11,000 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $46.32, for a total value of $509,520.00. Following the completion of the sale, the vice president now directly owns 34,495 shares of the company’s stock, valued at approximately $1,597,808.40. The disclosure for this sale can be found here. In the last three months, insiders sold 42,794 shares of company stock valued at $1,923,997. 30.20% of the stock is currently owned by corporate insiders.
Qualys Company Profile
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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