Ameriprise Financial Inc. raised its holdings in Qualys, Inc. (NASDAQ:QLYS) by 14.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 271,425 shares of the software maker’s stock after purchasing an additional 33,909 shares during the quarter. Ameriprise Financial Inc. owned 0.73% of Qualys worth $11,074,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of QLYS. BlackRock Inc. raised its position in Qualys by 157,222.3% in the first quarter. BlackRock Inc. now owns 3,365,124 shares of the software maker’s stock valued at $127,537,000 after purchasing an additional 3,362,985 shares during the period. Champlain Investment Partners LLC raised its position in Qualys by 32.7% in the first quarter. Champlain Investment Partners LLC now owns 2,304,060 shares of the software maker’s stock valued at $87,324,000 after purchasing an additional 568,040 shares during the period. Pictet Asset Management Ltd. raised its position in Qualys by 307.6% in the second quarter. Pictet Asset Management Ltd. now owns 430,000 shares of the software maker’s stock valued at $18,060,000 after purchasing an additional 324,500 shares during the period. Renaissance Technologies LLC raised its position in Qualys by 25.4% in the first quarter. Renaissance Technologies LLC now owns 917,900 shares of the software maker’s stock valued at $34,788,000 after purchasing an additional 186,000 shares during the period. Finally, Point72 Asset Management L.P. purchased a new stake in Qualys in the first quarter valued at $4,472,000. Institutional investors own 73.57% of the company’s stock.
Shares of Qualys, Inc. (NASDAQ QLYS) opened at 51.35 on Wednesday. The stock has a 50 day moving average price of $50.26 and a 200-day moving average price of $43.30. Qualys, Inc. has a 52 week low of $30.60 and a 52 week high of $54.15. The firm has a market capitalization of $1.93 billion, a PE ratio of 50.24 and a beta of 0.91.
Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, August 2nd. The software maker reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.08. The business had revenue of $55.30 million for the quarter, compared to analyst estimates of $54.87 million. Qualys had a return on equity of 14.69% and a net margin of 18.92%. The business’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period last year, the company posted $0.20 EPS. Equities analysts anticipate that Qualys, Inc. will post $0.90 earnings per share for the current year.
In other Qualys news, VP Amer Deeba sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $45.02, for a total value of $90,040.00. Following the transaction, the vice president now directly owns 79,221 shares of the company’s stock, valued at $3,566,529.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Peter Pace sold 12,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $44.88, for a total value of $538,560.00. Following the completion of the transaction, the director now directly owns 35,155 shares in the company, valued at $1,577,756.40. The disclosure for this sale can be found here. Insiders sold a total of 65,908 shares of company stock worth $3,125,668 over the last ninety days. Corporate insiders own 30.20% of the company’s stock.
A number of equities research analysts have commented on QLYS shares. BidaskClub downgraded Qualys from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Northland Securities set a $48.00 target price on Qualys and gave the company a “buy” rating in a research report on Saturday, July 22nd. Zacks Investment Research upgraded Qualys from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Thursday, July 20th. Morgan Stanley downgraded Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 target price on the stock. in a research report on Tuesday. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $45.00 target price on shares of Qualys in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $45.55.
Qualys Company Profile
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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