BI Asset Management Fondsmaeglerselskab A S Has $5.12 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

BI Asset Management Fondsmaeglerselskab A S increased its holdings in Qualys, Inc. (NASDAQ:QLYS) by 96.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,656 shares of the software maker’s stock after purchasing an additional 15,045 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.08% of Qualys worth $5,116,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in shares of Qualys by 121.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 360,294 shares of the software maker’s stock valued at $70,719,000 after buying an additional 197,911 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Qualys by 50.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 501,847 shares of the software maker’s stock worth $83,743,000 after purchasing an additional 169,293 shares during the last quarter. California Public Employees Retirement System lifted its position in shares of Qualys by 172.3% in the 4th quarter. California Public Employees Retirement System now owns 193,056 shares of the software maker’s stock worth $37,893,000 after purchasing an additional 122,168 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Qualys by 201,932.8% in the 4th quarter. International Assets Investment Management LLC now owns 117,179 shares of the software maker’s stock valued at $23,000,000 after purchasing an additional 117,121 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Qualys during the fourth quarter worth $18,844,000. Institutional investors own 99.31% of the company’s stock.

Qualys Trading Down 1.0 %

Qualys stock traded down $1.34 during trading on Wednesday, hitting $138.16. 25,474 shares of the company were exchanged, compared to its average volume of 450,555. The business’s 50 day moving average is $144.23 and its 200 day moving average is $164.56. Qualys, Inc. has a 52 week low of $126.46 and a 52 week high of $206.35. The company has a market capitalization of $5.10 billion, a P/E ratio of 32.29 and a beta of 0.49.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, May 7th. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.17. The firm had revenue of $145.81 million during the quarter, compared to analyst estimates of $145.67 million. Qualys had a net margin of 28.48% and a return on equity of 47.28%. Equities analysts expect that Qualys, Inc. will post 3.42 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on QLYS. Robert W. Baird cut their price target on shares of Qualys from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 8th. Truist Financial reduced their price objective on shares of Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Scotiabank initiated coverage on shares of Qualys in a research report on Friday, April 26th. They set a “sector perform” rating and a $172.00 target price on the stock. StockNews.com cut shares of Qualys from a “buy” rating to a “hold” rating in a report on Tuesday, July 2nd. Finally, TD Cowen started coverage on shares of Qualys in a report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price objective on the stock. Three analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Qualys presently has a consensus rating of “Hold” and an average target price of $164.50.

Insider Buying and Selling at Qualys

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $136.78, for a total value of $957,460.00. Following the transaction, the chief executive officer now owns 186,601 shares in the company, valued at approximately $25,523,284.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $136.78, for a total transaction of $957,460.00. Following the completion of the sale, the chief executive officer now directly owns 186,601 shares of the company’s stock, valued at approximately $25,523,284.78. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Bruce K. Posey sold 1,330 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $135.14, for a total transaction of $179,736.20. Following the completion of the transaction, the insider now directly owns 59,286 shares in the company, valued at $8,011,910.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,165 shares of company stock worth $3,925,202. 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.