Quantbot Technologies LP Has $6.55 Million Holdings in Qualys, Inc. (NASDAQ:QLYS)

Quantbot Technologies LP increased its holdings in Qualys, Inc. (NASDAQ:QLYS) by 51.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,726 shares of the software maker’s stock after acquiring an additional 15,866 shares during the period. Quantbot Technologies LP owned about 0.13% of Qualys worth $6,552,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Amalgamated Bank grew its holdings in Qualys by 0.5% during the fourth quarter. Amalgamated Bank now owns 16,640 shares of the software maker’s stock valued at $2,333,000 after purchasing an additional 77 shares during the last quarter. HighTower Advisors LLC raised its stake in Qualys by 1.4% during the fourth quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker’s stock worth $806,000 after acquiring an additional 80 shares in the last quarter. Fifth Third Bancorp lifted its holdings in 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 purchasing an additional 99 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Qualys by 12.7% in 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 in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of Qualys by 2.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,035 shares of the software maker’s stock valued at $846,000 after buying an additional 129 shares in the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

QLYS has been the subject of a number of recent research reports. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Royal Bank of Canada reduced their price target on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Northland Securities reissued a “market perform” rating and issued a $146.00 target price (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. Morgan Stanley assumed coverage on Qualys in a research note on Tuesday. They issued an “underweight” rating and a $120.00 price target for the company. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a report on Monday, February 10th. Two 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. Based on data from MarketBeat.com, Qualys has an average rating of “Hold” and an average target price of $146.14.

Qualys Trading Down 0.7 %

Shares of NASDAQ QLYS opened at $127.92 on Friday. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.20. The stock’s 50-day moving average is $135.99 and its 200 day moving average is $136.05. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 27.51 and a beta of 0.56.

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

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 1,635 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $138.64, for a total value of $226,676.40. Following the transaction, the chief financial officer now owns 112,017 shares of the company’s stock, valued at $15,530,036.88. This trade represents a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bruce K. Posey sold 524 shares of Qualys stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $129.38, for a total transaction of $67,795.12. Following the transaction, the insider now owns 65,053 shares in the company, valued at approximately $8,416,557.14. This trade represents a 0.80 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,595 shares of company stock worth $3,691,922. Corporate 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.