Qualys, Inc. (NASDAQ:QLYS) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 6.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,428 shares of the software maker’s stock after buying an additional 1,793 shares during the period. Natixis Advisors LLC owned approximately 0.08% of Qualys worth $3,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in QLYS. First Horizon Advisors Inc. increased its stake in Qualys by 294.7% during the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock worth $32,000 after acquiring an additional 168 shares during the last quarter. UMB Bank n.a. increased its position in shares of Qualys by 149.0% during the second quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock valued at $34,000 after acquiring an additional 143 shares during the last quarter. Quarry LP purchased a new stake in shares of Qualys in the 2nd quarter valued at approximately $40,000. DT Investment Partners LLC acquired a new position in shares of Qualys in the 2nd quarter worth approximately $41,000. Finally, Exchange Traded Concepts LLC boosted its position in shares of Qualys by 53.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock worth $82,000 after purchasing an additional 223 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on QLYS shares. Royal Bank of Canada boosted their target price on Qualys from $150.00 to $162.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 6th. Morgan Stanley raised their target price on Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Scotiabank cut their price target on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. DA Davidson raised their price objective on shares of Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Finally, Wolfe Research raised shares of Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $152.80.

Insider Transactions at Qualys

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $149.66, for a total value of $1,047,620.00. Following the completion of the sale, the chief executive officer now directly owns 225,453 shares of the company’s stock, valued at $33,741,295.98. This trade represents a 3.01 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Joo Mi Kim sold 616 shares of Qualys stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $123.54, for a total value of $76,100.64. Following the completion of the sale, the chief financial officer now owns 86,576 shares in the company, valued at approximately $10,695,599.04. This trade represents a 0.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,919 shares of company stock worth $2,993,000. Company insiders own 1.00% of the company’s stock.

Qualys Price Performance

NASDAQ QLYS opened at $153.37 on Friday. The company has a fifty day moving average of $131.26 and a two-hundred day moving average of $135.03. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $206.35. The company has a market capitalization of $5.61 billion, a PE ratio of 33.78 and a beta of 0.47.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.23. The firm had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period last year, the company earned $1.24 earnings per share. On average, research analysts expect that Qualys, Inc. will post 4.34 earnings per share for the current year.

Qualys 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.