Qualys, Inc. (NASDAQ:QLYS) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 191.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,047 shares of the software maker’s stock after purchasing an additional 2,658 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Qualys were worth $567,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Qualys by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker’s stock worth $604,721,000 after acquiring an additional 131,339 shares in the last quarter. Geode Capital Management LLC raised its position in Qualys by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 1,262,931 shares of the software maker’s stock valued at $178,445,000 after purchasing an additional 16,369 shares during the period. Boston Trust Walden Corp lifted its stake in shares of Qualys by 13.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after purchasing an additional 123,530 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Qualys by 10.2% in the fourth quarter. Legal & General Group Plc now owns 954,583 shares of the software maker’s stock worth $133,852,000 after buying an additional 88,347 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of Qualys by 4.4% in the fourth quarter. First Trust Advisors LP now owns 920,163 shares of the software maker’s stock valued at $129,025,000 after buying an additional 38,880 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. StockNews.com upgraded shares of Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, April 12th. Morgan Stanley lowered their target price on Qualys from $120.00 to $90.00 and set an “underweight” rating for the company in a research note on Wednesday, April 16th. Northland Securities reiterated a “market perform” rating and issued a $146.00 price target (down previously from $150.00) on shares of Qualys in a research note on Monday, February 10th. Loop Capital lowered their price objective on Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Finally, Royal Bank of Canada cut their target price on Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $140.53.

Qualys Trading Down 0.4 %

Shares of NASDAQ QLYS opened at $126.25 on Tuesday. The company has a market cap of $4.61 billion, a price-to-earnings ratio of 27.15 and a beta of 0.71. The stock’s 50 day simple moving average is $126.80 and its 200 day simple moving average is $135.93. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $172.70.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. As a group, equities analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Insider Activity

In other Qualys news, CFO Joo Mi Kim sold 4,542 shares of the firm’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $140.08, for a total transaction of $636,243.36. Following the transaction, the chief financial officer now owns 108,215 shares of the company’s stock, valued at approximately $15,158,757.20. This trade represents a 4.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $142.17, for a total transaction of $995,190.00. Following the completion of the sale, the chief executive officer now directly owns 246,144 shares of the company’s stock, valued at approximately $34,994,292.48. This represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,138 shares of company stock valued at $3,519,970. Insiders own 1.00% of the company’s stock.

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.