DE Burlo Group Inc. Acquires New Position in Qualys Inc (QLYS)
DE Burlo Group Inc. acquired a new position in Qualys Inc (NASDAQ:QLYS) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 78,000 shares of the software maker’s stock, valued at approximately $4,629,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new position in shares of Qualys in the third quarter worth about $101,000. Ameritas Investment Partners Inc. lifted its position in shares of Qualys by 17.4% in the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock worth $112,000 after buying an additional 408 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in shares of Qualys in the fourth quarter worth about $154,000. Thompson Davis & CO. Inc. lifted its position in shares of Qualys by 1,100.0% in the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock worth $155,000 after buying an additional 2,750 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of Qualys in the fourth quarter worth about $196,000. 75.21% of the stock is owned by hedge funds and other institutional investors.
In other Qualys news, insider Sumedh S. Thakar sold 9,801 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $58.70, for a total transaction of $575,318.70. Following the sale, the insider now directly owns 192,280 shares in the company, valued at $11,286,836. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Amer Deeba sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $58.40, for a total value of $116,800.00. Following the sale, the vice president now owns 66,644 shares in the company, valued at $3,892,009.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 375,023 shares of company stock worth $22,284,431. Company insiders own 20.90% of the company’s stock.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, February 12th. The software maker reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. Qualys had a return on equity of 17.20% and a net margin of 17.52%. The business had revenue of $62.90 million for the quarter, compared to the consensus estimate of $61.96 million. During the same period in the prior year, the business posted $0.23 earnings per share. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. analysts forecast that Qualys Inc will post 0.73 EPS for the current fiscal year.
QLYS has been the topic of a number of research analyst reports. BidaskClub downgraded Qualys from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 25th. Zacks Investment Research upgraded Qualys from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research report on Saturday, November 4th. Summit Redstone upgraded Qualys from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Wednesday, November 1st. Needham & Company LLC initiated coverage on Qualys in a research report on Monday, October 23rd. They issued a “buy” rating and a $65.00 target price on the stock. Finally, Northland Securities set a $48.00 target price on Qualys and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $62.83.
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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