Securian Asset Management Inc. Sells 100 Shares of Qualys, Inc. (NASDAQ:QLYS)

Securian Asset Management Inc. cut its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,709 shares of the software maker’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in Qualys were worth $380,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in Qualys during the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC bought a new position in Qualys during the fourth quarter worth about $39,000. Fifth Third Bancorp lifted its holdings in Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after acquiring an additional 99 shares in the last quarter. Quarry LP lifted its holdings in Qualys by 56.2% during the third quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after acquiring an additional 158 shares in the last quarter. Finally, Mendota Financial Group LLC bought a new position in Qualys during the fourth quarter worth about $91,000. 99.31% of the stock is currently owned by institutional investors.

Qualys Stock Up 0.1 %

Shares of NASDAQ:QLYS opened at $130.61 on Wednesday. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.20. The stock has a market cap of $4.76 billion, a PE ratio of 28.09 and a beta of 0.56. The business has a 50 day moving average of $136.27 and a 200-day moving average of $136.11.

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

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on QLYS shares. Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a report on Monday, February 10th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Royal Bank of Canada dropped their price target on Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Loop Capital dropped their price target on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday, February 7th. Finally, Northland Securities reissued 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. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $146.14.

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 525 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $139.48, for a total value of $73,227.00. Following the completion of the sale, the insider now directly owns 65,373 shares in the company, valued at approximately $9,118,226.04. The trade was a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total value of $941,430.00. Following the completion of the sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at approximately $30,321,173.97. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,926 shares of company stock worth $3,745,742 over the last quarter. Company 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.