Qualys, Inc. (NASDAQ:QLYS) Position Boosted by Vontobel Holding Ltd.

Vontobel Holding Ltd. lifted its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 29.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,024 shares of the software maker’s stock after purchasing an additional 15,284 shares during the period. Vontobel Holding Ltd.’s holdings in Qualys were worth $9,398,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Assenagon Asset Management S.A. lifted its holdings in Qualys by 1,386.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock worth $49,876,000 after acquiring an additional 331,766 shares during the last quarter. Boston Trust Walden Corp lifted its holdings in Qualys by 13.3% in the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after acquiring an additional 123,530 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Qualys by 208.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock worth $11,072,000 after acquiring an additional 58,252 shares during the last quarter. Barclays PLC lifted its holdings in Qualys by 101.8% in the third quarter. Barclays PLC now owns 112,214 shares of the software maker’s stock worth $14,415,000 after acquiring an additional 56,613 shares during the last quarter. Finally, CDAM UK Ltd lifted its holdings in Qualys by 8.3% in the third quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock worth $64,604,000 after acquiring an additional 38,509 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In related news, insider Bruce K. Posey sold 8,555 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total value of $1,322,774.10. Following the completion of the transaction, the insider now owns 64,032 shares of the company’s stock, valued at approximately $9,900,627.84. This trade represents a 11.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 1,332 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $157.37, for a total transaction of $209,616.84. Following the completion of the transaction, the chief financial officer now directly owns 113,652 shares of the company’s stock, valued at $17,885,415.24. This represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,288 shares of company stock valued at $4,209,716. Company insiders own 1.00% of the company’s stock.

Qualys Stock Performance

Qualys stock opened at $143.76 on Friday. The firm has a market cap of $5.26 billion, a price-to-earnings ratio of 30.92 and a beta of 0.56. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $174.31. The firm’s 50 day moving average price is $141.33 and its two-hundred day moving average price is $135.37.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a return on equity of 39.64% and a net margin of 28.59%. As a group, equities analysts predict that Qualys, Inc. will post 4.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the topic of a number of recent analyst reports. Canaccord Genuity Group cut their price target on Qualys from $170.00 to $163.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a report on Monday, February 10th. TD Cowen lifted their price target on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Jefferies Financial Group lifted their price target on Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Finally, Truist Financial lifted their price target on Qualys from $120.00 to $145.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Qualys has an average rating of “Hold” and an average target price of $146.57.

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.