Dimensional Fund Advisors LP Sells 29,272 Shares of Qualys, Inc. (NASDAQ:QLYS)

Dimensional Fund Advisors LP reduced its stake in Qualys, Inc. (NASDAQ:QLYSGet Rating) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 662,784 shares of the software maker’s stock after selling 29,272 shares during the period. Dimensional Fund Advisors LP’s holdings in Qualys were worth $90,951,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. First Republic Investment Management Inc. grew its holdings in shares of Qualys by 1.4% during the third quarter. First Republic Investment Management Inc. now owns 5,475 shares of the software maker’s stock valued at $609,000 after buying an additional 76 shares during the last quarter. Wesbanco Bank Inc. grew its holdings in shares of Qualys by 1.5% during the fourth quarter. Wesbanco Bank Inc. now owns 6,753 shares of the software maker’s stock valued at $927,000 after buying an additional 97 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of Qualys by 1.2% during the fourth quarter. Louisiana State Employees Retirement System now owns 8,600 shares of the software maker’s stock valued at $1,180,000 after buying an additional 100 shares during the last quarter. State of Michigan Retirement System grew its holdings in shares of Qualys by 1.2% during the fourth quarter. State of Michigan Retirement System now owns 8,500 shares of the software maker’s stock valued at $1,166,000 after buying an additional 100 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Qualys by 1.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 5,616 shares of the software maker’s stock valued at $771,000 after buying an additional 102 shares during the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Sumedh S. Thakar sold 1,500 shares of the firm’s stock in a transaction on Thursday, April 14th. The stock was sold at an average price of $150.00, for a total value of $225,000.00. Following the completion of the transaction, the chief executive officer now directly owns 180,978 shares of the company’s stock, valued at $27,146,700. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sumedh S. Thakar sold 6,900 shares of the firm’s stock in a transaction on Thursday, March 31st. The stock was sold at an average price of $145.13, for a total value of $1,001,397.00. Following the completion of the transaction, the chief executive officer now directly owns 180,978 shares of the company’s stock, valued at $26,265,337.14. The disclosure for this sale can be found here. Over the last three months, insiders have sold 39,693 shares of company stock valued at $5,373,624. 15.60% of the stock is owned by corporate insiders.

NASDAQ:QLYS opened at $121.30 on Friday. Qualys, Inc. has a 12 month low of $95.00 and a 12 month high of $150.10. The firm’s 50 day moving average is $135.25 and its 200 day moving average is $131.40. The stock has a market capitalization of $4.71 billion, a PE ratio of 50.12 and a beta of 0.76.

Qualys (NASDAQ:QLYSGet Rating) last announced its quarterly earnings data on Wednesday, May 4th. The software maker reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. Qualys had a return on equity of 22.91% and a net margin of 22.47%. The business had revenue of $113.40 million during the quarter, compared to analyst estimates of $112.98 million. During the same period in the prior year, the company earned ($0.01) earnings per share. Qualys’s revenue was up 17.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Qualys, Inc. will post 2 EPS for the current year.

QLYS has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Qualys from a “hold” rating to a “buy” rating and set a $127.00 price objective for the company in a report on Thursday. Wolfe Research assumed coverage on shares of Qualys in a report on Monday, April 11th. They set an “outperform” rating and a $162.00 price target on the stock. Wedbush boosted their price target on shares of Qualys from $146.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, April 14th. Finally, StockNews.com cut shares of Qualys from a “buy” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Qualys has an average rating of “Hold” and a consensus price target of $130.78.

About Qualys (Get Rating)

Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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