Other large investors have also modified their holdings of the company. Sawtooth Solutions LLC acquired a new stake in shares of Qualys in the third quarter valued at approximately $270,000. Norris Perne & French LLP MI boosted its holdings in shares of Qualys by 0.5% in the third quarter. Norris Perne & French LLP MI now owns 142,532 shares of the software maker’s stock valued at $19,868,000 after acquiring an additional 668 shares during the period. Rhumbline Advisers boosted its holdings in shares of Qualys by 15.2% in the second quarter. Rhumbline Advisers now owns 105,493 shares of the software maker’s stock valued at $13,307,000 after acquiring an additional 13,932 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of Qualys by 237.7% in the second quarter. Lazard Asset Management LLC now owns 2,256 shares of the software maker’s stock valued at $284,000 after acquiring an additional 1,588 shares during the period. Finally, Voya Investment Management LLC boosted its holdings in shares of Qualys by 68.5% in the second quarter. Voya Investment Management LLC now owns 71,852 shares of the software maker’s stock valued at $9,063,000 after acquiring an additional 29,203 shares during the period. 92.61% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages recently weighed in on QLYS. Truist Financial decreased their price target on Qualys from $125.00 to $110.00 in a report on Monday, January 9th. Wolfe Research downgraded Qualys from an “outperform” rating to a “peer perform” rating in a report on Monday. Canaccord Genuity Group decreased their price target on Qualys from $180.00 to $162.00 in a report on Thursday, November 3rd. Morgan Stanley decreased their price target on Qualys from $118.00 to $103.00 and set an “underweight” rating for the company in a report on Thursday, January 12th. Finally, Berenberg Bank raised Qualys from a “hold” rating to a “buy” rating and set a $168.00 price target for the company in a report on Friday, October 21st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $141.29.
Insider Activity
In other news, CRO Allan Peters sold 553 shares of the firm’s stock in a transaction on Thursday, December 8th. The stock was sold at an average price of $115.50, for a total value of $63,871.50. Following the completion of the transaction, the executive now owns 43,075 shares in the company, valued at $4,975,162.50. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, CRO Allan Peters sold 553 shares of the firm’s stock in a transaction on Thursday, December 8th. The stock was sold at an average price of $115.50, for a total value of $63,871.50. Following the completion of the transaction, the executive now owns 43,075 shares in the company, valued at $4,975,162.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Sumedh S. Thakar sold 5,576 shares of Qualys stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $107.06, for a total value of $596,966.56. Following the sale, the chief executive officer now owns 181,432 shares of the company’s stock, valued at approximately $19,424,109.92. The disclosure for this sale can be found here. Insiders sold a total of 14,879 shares of company stock worth $1,715,774 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.
Qualys Stock Up 0.2 %
Shares of QLYS stock opened at $119.27 on Thursday. Qualys, Inc. has a fifty-two week low of $101.10 and a fifty-two week high of $162.36. The stock has a market cap of $4.53 billion, a P/E ratio of 43.21 and a beta of 0.58. The business has a fifty day simple moving average of $113.19 and a 200-day simple moving average of $129.06.
About Qualys
(Get Rating)
Qualys, Inc engages in the provision of cloud security and compliance solutions. Its products enable organizations to identify security risks to information technology infrastructures, help protect information technology systems and applications from cyber attacks, and achieve compliance with internal policies and external regulations.
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