Legacy Wealth Asset Management LLC Sells 281 Shares of Qualys, Inc. (NASDAQ:QLYS)

Legacy Wealth Asset Management LLC trimmed its position in Qualys, Inc. (NASDAQ:QLYS) by 13.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,878 shares of the software maker’s stock after selling 281 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Qualys were worth $313,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rise Advisors LLC acquired a new position in Qualys in the 1st quarter valued at about $26,000. McGlone Suttner Wealth Management Inc. acquired a new position in Qualys in the 4th quarter valued at about $30,000. Sound Income Strategies LLC grew its stake in Qualys by 545.2% in the 1st quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after buying an additional 169 shares during the last quarter. Blue Trust Inc. grew its stake in Qualys by 218.2% in the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock valued at $41,000 after buying an additional 144 shares during the last quarter. Finally, Signaturefd LLC grew its stake in Qualys by 24.9% in the 4th quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock valued at $57,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insiders Place Their Bets

In other news, Director Wendy Pfeiffer sold 2,000 shares of Qualys stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $145.72, for a total transaction of $291,440.00. Following the completion of the transaction, the director now directly owns 8,490 shares in the company, valued at $1,237,162.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, 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 transaction 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 $1,237,162.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Joo Mi Kim sold 928 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $167.97, for a total transaction of $155,876.16. Following the transaction, the chief financial officer now owns 93,196 shares in the company, valued at $15,654,132.12. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,531 shares of company stock worth $3,833,431. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

QLYS has been the topic of a number of research reports. StockNews.com lowered shares of Qualys from a “buy” rating to a “hold” rating in a research note on Tuesday. Robert W. Baird decreased their target price on shares of Qualys from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 8th. Needham & Company LLC restated a “hold” rating on shares of Qualys in a research report on Monday, May 13th. TD Cowen assumed coverage on shares of Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price on the stock. Finally, Truist Financial decreased their target price on shares of Qualys from $175.00 to $165.00 and set a “hold” rating on the stock in a research report on Wednesday, May 8th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $162.23.

Qualys Trading Down 0.1 %

NASDAQ QLYS opened at $143.39 on Friday. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 33.19 and a beta of 0.49. The firm’s 50 day simple moving average is $145.75 and its 200 day simple moving average is $166.38. Qualys, Inc. has a 1 year low of $122.53 and a 1 year high of $206.35.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, May 7th. The software maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.17. Qualys had a net margin of 28.48% and a return on equity of 47.28%. The company had revenue of $145.81 million during the quarter, compared to analysts’ expectations of $145.67 million. On average, equities research analysts forecast that Qualys, Inc. will post 3.42 earnings per share for the current year.

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.