Y.D. More Investments Ltd Lowers Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Y.D. More Investments Ltd lessened its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 3.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,018 shares of the software maker’s stock after selling 95 shares during the quarter. Y.D. More Investments Ltd’s holdings in Qualys were worth $423,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in QLYS. Financial Enhancement Group LLC lifted its position in Qualys by 1.5% during the third quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock worth $784,000 after buying an additional 91 shares during the period. Fifth Third Bancorp increased its stake in shares of Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after acquiring an additional 99 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker’s stock worth $153,000 after acquiring an additional 123 shares during the period. West Coast Financial LLC boosted its position in shares of Qualys by 0.6% in the third quarter. West Coast Financial LLC now owns 23,177 shares of the software maker’s stock worth $2,977,000 after acquiring an additional 127 shares during the last quarter. Finally, Quarry LP grew its holdings in Qualys by 56.2% in the third quarter. Quarry LP now owns 439 shares of the software maker’s stock valued at $56,000 after purchasing an additional 158 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Trading Up 1.8 %

Shares of NASDAQ:QLYS opened at $145.97 on Thursday. The firm has a market cap of $5.34 billion, a PE ratio of 32.15 and a beta of 0.56. The company has a fifty day simple moving average of $143.69 and a 200 day simple moving average of $135.66. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $182.45.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm had revenue of $153.87 million during the quarter, compared to analyst estimates of $150.74 million. During the same period in the previous year, the company earned $1.24 earnings per share. Qualys’s quarterly revenue was up 8.4% on a year-over-year basis. As a group, equities research analysts forecast that Qualys, Inc. will post 4.34 EPS for the current fiscal year.

Insider Activity

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $149.66, for a total transaction of $1,047,620.00. Following the completion of the sale, the chief executive officer now directly owns 225,453 shares in the company, valued at approximately $33,741,295.98. This trade represents a 3.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Bruce K. Posey sold 8,555 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the sale, the insider now owns 64,032 shares in the company, valued at $9,900,627.84. This represents a 11.79 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,259 shares of company stock worth $4,578,153. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

QLYS has been the topic of several research reports. UBS Group increased their target price on Qualys from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Royal Bank of Canada lifted their price objective on Qualys from $150.00 to $162.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 6th. Canaccord Genuity Group increased their target price on shares of Qualys from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. DA Davidson lifted their price target on shares of Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Finally, Morgan Stanley increased their price objective on shares of Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $152.80.

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.