33,513 Shares in Qualys, Inc. (NASDAQ:QLYS) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of Qualys, Inc. (NASDAQ:QLYS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 33,513 shares of the software maker’s stock, valued at approximately $4,699,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QLYS. Amalgamated Bank boosted its position in shares of Qualys by 0.5% during the 4th quarter. Amalgamated Bank now owns 16,640 shares of the software maker’s stock valued at $2,333,000 after acquiring an additional 77 shares during the last quarter. Financial Enhancement Group LLC raised its stake in Qualys by 1.5% in the third quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock valued at $784,000 after purchasing an additional 91 shares in the last quarter. Fifth Third Bancorp lifted its position in Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after purchasing an additional 99 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in Qualys by 12.7% in 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, West Coast Financial LLC increased its holdings in shares of Qualys by 0.6% in the 4th quarter. West Coast Financial LLC now owns 23,323 shares of the software maker’s stock worth $3,270,000 after buying an additional 146 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Qualys Stock Down 1.6 %

Shares of Qualys stock opened at $129.31 on Tuesday. The company’s fifty day simple moving average is $139.25 and its two-hundred day simple moving average is $135.84. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.31. The firm has a market cap of $4.72 billion, a PE ratio of 27.81 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last posted its 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 38.52% and a net margin of 28.59%. As a group, sell-side analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 525 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $139.48, for a total value of $73,227.00. Following the completion of the sale, the insider now owns 65,373 shares of the company’s stock, valued at $9,118,226.04. This trade represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total transaction of $941,430.00. Following the transaction, the chief executive officer now directly owns 225,453 shares in the company, valued at approximately $30,321,173.97. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 28,258 shares of company stock worth $3,955,359. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Morgan Stanley lifted their price objective on shares of Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. TD Cowen lifted their price target on Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a research report on Monday, February 10th. Jefferies Financial Group raised their price objective on Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Qualys has a consensus rating of “Hold” and an average target price of $146.57.

About Qualys

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.