Marshall Financial Group LLC Has $1.68 Million Position in Qualys, Inc. (NASDAQ:QLYS)

Marshall Financial Group LLC raised its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,974 shares of the software maker’s stock after acquiring an additional 1,662 shares during the quarter. Marshall Financial Group LLC’s holdings in Qualys were worth $1,679,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in QLYS. Financial Enhancement Group LLC raised its stake in shares of Qualys by 1.5% in the third quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock worth $784,000 after acquiring an additional 91 shares during the last quarter. Fifth Third Bancorp raised its position in Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after purchasing an additional 99 shares during the last quarter. Bank of Montreal Can lifted its holdings in Qualys by 2.2% during the 2nd quarter. Bank of Montreal Can now owns 4,896 shares of the software maker’s stock worth $699,000 after buying an additional 107 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker’s stock worth $153,000 after buying an additional 123 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Qualys by 0.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 46,436 shares of the software maker’s stock valued at $6,622,000 after buying an additional 127 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Canaccord Genuity Group lifted their price objective on Qualys from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Jefferies Financial Group boosted their price target on shares of Qualys from $135.00 to $155.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. TD Cowen raised their price objective on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Finally, UBS Group increased their price target on Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $152.80.

Insider Activity at Qualys

In related news, insider Bruce K. Posey sold 8,555 shares of Qualys stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $154.62, for a total value of $1,322,774.10. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total value of $941,430.00. Following the transaction, the chief executive officer now directly owns 225,453 shares of the company’s stock, valued at approximately $30,321,173.97. This trade represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 31,259 shares of company stock valued at $4,578,153. 1.00% of the stock is owned by corporate insiders.

Qualys Price Performance

NASDAQ:QLYS opened at $143.14 on Friday. The business’s 50-day simple moving average is $144.75 and its 200-day simple moving average is $135.67. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $199.37. The stock has a market capitalization of $5.24 billion, a PE ratio of 31.53 and a beta of 0.57.

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