Qualys, Inc. (NASDAQ:QLYS) Stock Holdings Decreased by SkyOak Wealth LLC

SkyOak Wealth LLC lessened its position in Qualys, Inc. (NASDAQ:QLYS) by 61.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,593 shares of the software maker’s stock after selling 2,524 shares during the quarter. SkyOak Wealth LLC’s holdings in Qualys were worth $223,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Qualys in the second quarter valued at $40,000. UMB Bank n.a. raised its position in Qualys by 80.8% during the third quarter. UMB Bank n.a. now owns 432 shares of the software maker’s stock valued at $55,000 after buying an additional 193 shares during the period. Fifth Third Bancorp lifted its stake in Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after acquiring an additional 99 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in Qualys by 53.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock valued at $82,000 after acquiring an additional 223 shares in the last quarter. Finally, Mendota Financial Group LLC purchased a new position in Qualys during the 4th quarter valued at about $91,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on QLYS shares. Royal Bank of Canada raised their price target on shares of Qualys from $150.00 to $162.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 6th. UBS Group lifted their target price on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Westpark Capital reiterated a “hold” rating on shares of Qualys in a report on Wednesday, November 6th. Jefferies Financial Group boosted their target price on Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Finally, Truist Financial upped their target price on Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Qualys currently has a consensus rating of “Hold” and an average target price of $152.80.

Insider Activity

In other news, insider Bruce K. Posey sold 8,555 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the completion of the transaction, the insider now owns 64,032 shares of the company’s stock, valued at approximately $9,900,627.84. This represents a 11.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 1,332 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $157.37, for a total transaction of $209,616.84. Following the completion of the sale, the chief financial officer now owns 113,652 shares of the company’s stock, valued at approximately $17,885,415.24. The trade was a 1.16 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 31,259 shares of company stock valued at $4,578,153. 1.00% of the stock is owned by company insiders.

Qualys Trading Down 0.2 %

NASDAQ:QLYS opened at $139.41 on Monday. The firm has a market capitalization of $5.10 billion, a PE ratio of 30.71 and a beta of 0.56. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $192.09. The firm’s fifty day simple moving average is $144.41 and its 200 day simple moving average is $135.61.

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