Coldstream Capital Management Inc. Has $212,000 Stake in Qualys, Inc. (NASDAQ:QLYS)

Coldstream Capital Management Inc. lifted its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 16.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,650 shares of the software maker’s stock after acquiring an additional 231 shares during the period. Coldstream Capital Management Inc.’s holdings in Qualys were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC boosted its stake in Qualys by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock valued at $160,957,000 after buying an additional 20,038 shares in the last quarter. Boston Trust Walden Corp boosted its stake in shares of Qualys by 14.5% in the 3rd quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker’s stock valued at $118,966,000 after purchasing an additional 117,079 shares in the last quarter. CDAM UK Ltd grew its holdings in shares of Qualys by 8.3% during the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Renaissance Technologies LLC increased its position in Qualys by 15.3% during the 2nd quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker’s stock worth $67,607,000 after purchasing an additional 63,000 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Qualys by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker’s stock valued at $62,663,000 after purchasing an additional 3,357 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. TD Cowen boosted their target price on shares of Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. UBS Group boosted their price objective on Qualys from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Canaccord Genuity Group increased their target price on Qualys from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Needham & Company LLC began coverage on Qualys in a report on Wednesday, November 6th. They set a “hold” rating on the stock. Finally, Truist Financial upped their price objective on Qualys from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $152.80.

Insider Buying and Selling

In other Qualys news, CFO Joo Mi Kim sold 1,332 shares of Qualys stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $157.37, for a total value of $209,616.84. Following the completion of the sale, the chief financial officer now directly owns 113,652 shares of the company’s stock, valued at approximately $17,885,415.24. The trade was a 1.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $123.56, for a total transaction of $165,446.84. Following the transaction, the insider now directly owns 55,279 shares in the company, valued at $6,830,273.24. This trade represents a 2.36 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,190 shares of company stock valued at $4,449,290 over the last 90 days. Company insiders own 1.00% of the company’s stock.

Qualys Stock Performance

NASDAQ:QLYS opened at $145.90 on Wednesday. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $206.35. The firm’s fifty day moving average is $140.46 and its 200-day moving average is $135.57. The firm has a market cap of $5.34 billion, a P/E ratio of 32.14 and a beta of 0.54.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The business had revenue of $153.87 million for the quarter, compared to analysts’ expectations of $150.74 million. During the same quarter in the prior year, the firm posted $1.24 earnings per share. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Qualys, Inc. will post 4.34 earnings per share for the current year.

Qualys Company 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.