Qualys, Inc. (NASDAQ:QLYS) Position Increased by Boston Trust Walden Corp

Boston Trust Walden Corp increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 14.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 926,093 shares of the software maker’s stock after buying an additional 117,079 shares during the quarter. Qualys comprises approximately 0.8% of Boston Trust Walden Corp’s holdings, making the stock its 28th largest position. Boston Trust Walden Corp owned 2.51% of Qualys worth $118,966,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. DecisionPoint Financial LLC bought a new position in shares of Qualys during the first quarter worth about $34,000. Sound Income Strategies LLC increased its stake in shares of Qualys by 545.2% in the first quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after purchasing an additional 169 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of Qualys by 294.7% during the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after buying an additional 168 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Qualys by 149.0% during the second quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after buying an additional 143 shares during the last quarter. Finally, Quarry LP acquired a new position in shares of Qualys during the second quarter worth approximately $40,000. 99.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Qualys news, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $123.54, for a total value of $76,100.64. Following the completion of the sale, the chief financial officer now owns 86,576 shares of the company’s stock, valued at $10,695,599.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Joo Mi Kim sold 616 shares of Qualys stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $123.54, for a total value of $76,100.64. Following the transaction, the chief financial officer now owns 86,576 shares of the company’s stock, valued at $10,695,599.04. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bruce K. Posey sold 1,339 shares of the business’s stock in a transaction on Monday, October 21st. The stock was sold at an average price of $123.56, for a total transaction of $165,446.84. Following the completion of the sale, the insider now owns 55,279 shares of the company’s stock, valued at $6,830,273.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,535 shares of company stock worth $1,442,641. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

QLYS has been the topic of several recent analyst reports. Piper Sandler cut their target price on Qualys from $116.00 to $115.00 and set an “underweight” rating on the stock in a research note on Wednesday, August 7th. Jefferies Financial Group started coverage on shares of Qualys in a report on Wednesday, October 16th. They issued a “hold” rating and a $135.00 price objective for the company. Wedbush lowered their target price on shares of Qualys from $190.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. DA Davidson raised shares of Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 7th. Finally, UBS Group lowered their price objective on shares of Qualys from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $144.23.

Qualys Trading Up 1.0 %

NASDAQ QLYS traded up $1.20 on Friday, reaching $121.12. The stock had a trading volume of 357,311 shares, compared to its average volume of 425,761. Qualys, Inc. has a 1 year low of $119.32 and a 1 year high of $206.35. The business has a 50 day moving average price of $124.42 and a 200 day moving average price of $138.59. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 26.68 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, August 6th. The software maker reported $1.52 EPS for the quarter, beating the consensus estimate of $1.32 by $0.20. The business had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.95 EPS. On average, analysts anticipate that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Qualys Company 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.