Dupont Capital Management Corp grew its position in Qualys, Inc. (NASDAQ:QLYS – Free Report) by 16.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,678 shares of the software maker’s stock after acquiring an additional 388 shares during the period. Dupont Capital Management Corp’s holdings in Qualys were worth $348,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Heritage Wealth Management LLC lifted its position in Qualys by 100.0% in the fourth quarter. Heritage Wealth Management LLC now owns 232 shares of the software maker’s stock valued at $26,000 after purchasing an additional 116 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Qualys by 71.0% in the 1st quarter. Parallel Advisors LLC now owns 277 shares of the software maker’s stock valued at $36,000 after buying an additional 115 shares during the period. Belpointe Asset Management LLC purchased a new stake in shares of Qualys in the fourth quarter valued at approximately $37,000. Counterpoint Mutual Funds LLC acquired a new position in Qualys during the first quarter worth $93,000. Finally, Point72 Middle East FZE purchased a new position in Qualys in the fourth quarter worth $102,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
QLYS has been the topic of several research analyst reports. Piper Sandler lowered shares of Qualys from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $120.00 to $109.00 in a research report on Friday, June 9th. William Blair began coverage on shares of Qualys in a report on Tuesday, May 30th. They set an “outperform” rating on the stock. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Wolfe Research lowered Qualys from a “peer perform” rating to an “underperform” rating and set a $100.00 price target on the stock. in a research note on Monday, May 8th. Finally, DA Davidson lowered their price target on Qualys from $120.00 to $115.00 in a report on Friday, May 5th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Qualys presently has a consensus rating of “Hold” and an average price target of $135.33.
Insider Buying and Selling
In other news, insider Bruce K. Posey sold 1,578 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $121.78, for a total transaction of $192,168.84. Following the completion of the sale, the insider now directly owns 57,132 shares of the company’s stock, valued at approximately $6,957,534.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Bruce K. Posey sold 1,578 shares of the firm’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $121.78, for a total value of $192,168.84. Following the transaction, the insider now owns 57,132 shares of the company’s stock, valued at approximately $6,957,534.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jeffrey P. Hank sold 2,756 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $123.73, for a total value of $340,999.88. Following the completion of the transaction, the director now directly owns 12,059 shares in the company, valued at $1,492,060.07. The disclosure for this sale can be found here. Over the last quarter, insiders sold 32,643 shares of company stock valued at $4,173,908. Insiders own 1.20% of the company’s stock.
Qualys Stock Up 0.7 %
Shares of NASDAQ:QLYS opened at $132.82 on Thursday. The company has a market cap of $4.90 billion, a P/E ratio of 45.96 and a beta of 0.62. The business has a fifty day simple moving average of $126.12 and a 200-day simple moving average of $120.87. Qualys, Inc. has a 52 week low of $101.10 and a 52 week high of $162.36.
Qualys (NASDAQ:QLYS – Get Free Report) last posted its quarterly earnings results on Thursday, May 4th. The software maker reported $0.77 EPS for the quarter, beating the consensus estimate of $0.62 by $0.15. The company had revenue of $130.68 million during the quarter, compared to analysts’ expectations of $130.60 million. Qualys had a return on equity of 34.13% and a net margin of 22.03%. Sell-side analysts expect that Qualys, Inc. will post 2.77 earnings per share for the current fiscal year.
Qualys Profile
Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Custom Assessment and Remediation; Context Extended Detection and Response; Network Detection and Response; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.
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