Roberts Wealth Advisors LLC Buys New Position in Qualys, Inc. (NASDAQ:QLYS)

Roberts Wealth Advisors LLC bought a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,326 shares of the software maker’s stock, valued at approximately $863,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC increased its position in shares of Qualys by 24.9% during the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock valued at $57,000 after acquiring an additional 58 shares during the last quarter. Wallace Advisory Group LLC increased its position in Qualys by 4.0% in the first quarter. Wallace Advisory Group LLC now owns 1,646 shares of the software maker’s stock worth $275,000 after buying an additional 63 shares during the last quarter. Intrust Bank NA increased its position in Qualys by 1.4% in the fourth quarter. Intrust Bank NA now owns 4,984 shares of the software maker’s stock worth $978,000 after buying an additional 69 shares during the last quarter. Newbridge Financial Services Group Inc. increased its position in Qualys by 33.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 333 shares of the software maker’s stock worth $65,000 after buying an additional 83 shares during the last quarter. Finally, Covenant Partners LLC increased its position in Qualys by 3.5% in the fourth quarter. Covenant Partners LLC now owns 2,506 shares of the software maker’s stock worth $492,000 after buying an additional 84 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling at Qualys

In other Qualys news, Director Wendy Pfeiffer sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $145.72, for a total transaction of $291,440.00. Following the sale, the director now owns 8,490 shares in the company, valued at $1,237,162.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Bruce K. Posey sold 1,443 shares of the business’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the sale, the insider now owns 62,614 shares of the company’s stock, valued at approximately $10,477,200.62. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Wendy Pfeiffer sold 2,000 shares of the business’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $145.72, for a total value of $291,440.00. Following the completion of the sale, the director now directly owns 8,490 shares of the company’s stock, valued at approximately $1,237,162.80. The disclosure for this sale can be found here. Insiders have sold 28,443 shares of company stock worth $4,148,987 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Qualys Stock Performance

NASDAQ:QLYS opened at $142.60 on Monday. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 33.01 and a beta of 0.49. Qualys, Inc. has a 52-week low of $122.53 and a 52-week high of $206.35. The stock has a fifty day moving average of $147.93 and a 200 day moving average of $167.47.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, May 7th. The software maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.17. Qualys had a return on equity of 47.28% and a net margin of 28.48%. The business had revenue of $145.81 million for the quarter, compared to the consensus estimate of $145.67 million. Equities analysts forecast that Qualys, Inc. will post 3.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the subject of a number of recent research reports. TD Cowen initiated coverage on Qualys in a research report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price for the company. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a research report on Monday, May 13th. Scotiabank initiated coverage on Qualys in a research report on Friday, April 26th. They issued a “sector perform” rating and a $172.00 target price for the company. Robert W. Baird decreased their target price on Qualys from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Wednesday, May 8th. Finally, Truist Financial decreased their target price on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $162.23.

About Qualys

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.