Hantz Financial Services Inc. Sells 3,452 Shares of Qualys, Inc. (NASDAQ:QLYS)

Hantz Financial Services Inc. lowered its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,599 shares of the software maker’s stock after selling 3,452 shares during the period. Hantz Financial Services Inc.’s holdings in Qualys were worth $8,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of QLYS. First Horizon Advisors Inc. increased its holdings in Qualys by 294.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after acquiring an additional 168 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Qualys by 149.0% during the 2nd quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after acquiring an additional 143 shares during the last quarter. Quarry LP purchased a new position in shares of Qualys in the second quarter valued at $40,000. DT Investment Partners LLC bought a new stake in Qualys in the second quarter worth $41,000. Finally, Exchange Traded Concepts LLC raised its stake in Qualys by 53.6% during the third quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock valued at $82,000 after purchasing an additional 223 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $125.21, for a total transaction of $876,470.00. Following the completion of the transaction, the chief executive officer now owns 179,649 shares in the company, valued at $22,493,851.29. The trade was a 3.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey P. Hank sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $146.31, for a total transaction of $585,240.00. Following the completion of the sale, the director now owns 12,666 shares of the company’s stock, valued at approximately $1,853,162.46. This trade represents a 24.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,919 shares of company stock valued at $2,993,000 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on QLYS. Morgan Stanley boosted their target price on shares of Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Canaccord Genuity Group boosted their price objective on Qualys from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. UBS Group raised their price objective on Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. TD Cowen boosted their target price on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Finally, Needham & Company LLC started coverage on shares of Qualys in a research note on Wednesday, November 6th. They issued a “hold” rating on the stock. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $152.80.

Qualys Trading Down 0.7 %

QLYS opened at $153.60 on Friday. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 33.83 and a beta of 0.47. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $206.35. The business’s fifty day simple moving average is $134.34 and its 200-day simple moving average is $135.08.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The business had revenue of $153.87 million for the quarter, compared to the consensus estimate of $150.74 million. During the same quarter last year, the firm posted $1.24 EPS. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, equities research analysts predict that Qualys, Inc. will post 4.34 EPS for the current 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.