Versor Investments LP Sells 1,725 Shares of Qualys, Inc. (NASDAQ:QLYS)

Versor Investments LP reduced its position in Qualys, Inc. (NASDAQ:QLYS) by 43.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,243 shares of the software maker’s stock after selling 1,725 shares during the period. Versor Investments LP’s holdings in Qualys were worth $288,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Qualys by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker’s stock valued at $640,748,000 after buying an additional 83,504 shares in the last quarter. Boston Trust Walden Corp raised its position 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 during the last quarter. Renaissance Technologies LLC raised its position in shares of Qualys by 15.3% in the 2nd quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker’s stock valued at $67,607,000 after purchasing an additional 63,000 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of 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. Finally, Van Berkom & Associates Inc. raised its position in shares of Qualys by 1.3% in the 2nd quarter. Van Berkom & Associates Inc. now owns 372,338 shares of the software maker’s stock valued at $53,095,000 after purchasing an additional 4,932 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on QLYS. Wedbush decreased their price objective on shares of Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Morgan Stanley increased their price objective on shares of Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. TD Cowen increased their price objective on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Scotiabank decreased their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 7th. Finally, Northland Securities reissued a “market perform” rating and set a $140.00 price target (down from $150.00) on shares of Qualys in a research report on Wednesday, August 7th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Qualys presently has a consensus rating of “Hold” and a consensus target price of $152.80.

Insider Activity at Qualys

In other news, insider Bruce K. Posey sold 1,339 shares of Qualys stock in a transaction on 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 owns 55,279 shares in the company, valued at $6,830,273.24. The trade was a 2.36 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Monday, October 14th. The stock was sold at an average price of $125.21, for a total value of $876,470.00. Following the transaction, the chief executive officer now owns 179,649 shares in the company, valued at approximately $22,493,851.29. This represents a 3.75 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,919 shares of company stock valued at $1,360,140. 1.00% of the stock is owned by company insiders.

Qualys Price Performance

NASDAQ:QLYS opened at $145.52 on Friday. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of 32.05 and a beta of 0.47. The company has a 50 day moving average price of $128.88 and a 200-day moving average price of $135.68. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $206.35.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (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 firm had revenue of $153.87 million for the quarter, compared to analysts’ expectations of $150.74 million. During the same quarter last year, the company earned $1.24 EPS. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Qualys, Inc. will post 4.34 earnings per share for the current fiscal year.

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.