Wasatch Advisors Inc. lowered its position in Qualys Inc (NASDAQ:QLYS) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,127 shares of the software maker’s stock after selling 1,379 shares during the period. Wasatch Advisors Inc. owned about 0.11% of Qualys worth $2,441,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in QLYS. ETF Managers Group LLC acquired a new stake in Qualys in the second quarter valued at about $41,523,000. Neuberger Berman Group LLC lifted its position in Qualys by 23.8% in the third quarter. Neuberger Berman Group LLC now owns 2,802,385 shares of the software maker’s stock valued at $145,164,000 after purchasing an additional 538,305 shares during the period. BlackRock Inc. lifted its position in Qualys by 7.3% in the second quarter. BlackRock Inc. now owns 3,610,674 shares of the software maker’s stock valued at $147,317,000 after purchasing an additional 245,550 shares during the period. Renaissance Technologies LLC lifted its position in Qualys by 11.5% in the second quarter. Renaissance Technologies LLC now owns 1,023,000 shares of the software maker’s stock valued at $41,738,000 after purchasing an additional 105,100 shares during the period. Finally, State Street Corp lifted its position in Qualys by 12.9% in the second quarter. State Street Corp now owns 721,149 shares of the software maker’s stock valued at $29,421,000 after purchasing an additional 82,251 shares during the period. Hedge funds and other institutional investors own 75.34% of the company’s stock.

Shares of Qualys Inc (NASDAQ:QLYS) opened at $64.35 on Friday. Qualys Inc has a 12-month low of $32.40 and a 12-month high of $65.25. The stock has a market cap of $2,430.64, a P/E ratio of 58.27, a PEG ratio of 5.14 and a beta of 0.88.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.10. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The company had revenue of $59.49 million during the quarter, compared to the consensus estimate of $58.59 million. During the same period last year, the firm earned $0.22 EPS. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. research analysts expect that Qualys Inc will post 0.65 EPS for the current year.

In related news, insider Sumedh S. Thakar sold 7,694 shares of Qualys stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $56.33, for a total transaction of $433,403.02. Following the completion of the transaction, the insider now directly owns 192,130 shares in the company, valued at approximately $10,822,682.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sumedh S. Thakar sold 15,000 shares of Qualys stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $55.05, for a total value of $825,750.00. Following the transaction, the insider now owns 211,346 shares of the company’s stock, valued at $11,634,597.30. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 557,916 shares of company stock valued at $32,644,046. Insiders own 20.90% of the company’s stock.

A number of equities research analysts recently commented on the stock. Northland Securities set a $48.00 price objective on shares of Qualys and gave the company a “buy” rating in a research report on Wednesday, October 18th. Zacks Investment Research downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Needham & Company LLC restated a “buy” rating and issued a $70.00 price objective (up previously from $65.00) on shares of Qualys in a research report on Wednesday, November 1st. Wells Fargo & Co set a $52.00 price objective on shares of Qualys and gave the company a “hold” rating in a research report on Wednesday, November 1st. Finally, KeyCorp restated a “hold” rating on shares of Qualys in a research report on Friday, October 27th. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $54.85.

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Qualys Profile

Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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