Livforsakringsbolaget Skandia Omsesidigt Has $820,000 Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Livforsakringsbolaget Skandia Omsesidigt decreased its stake in Qualys, Inc. (NASDAQ:QLYS) by 9.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,850 shares of the software maker’s stock after selling 600 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Qualys were worth $820,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Fifth Third Bancorp boosted its holdings in shares of Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after buying an additional 99 shares during the period. UMB Bank n.a. lifted its position in shares of Qualys by 80.8% in the 3rd quarter. UMB Bank n.a. now owns 432 shares of the software maker’s stock valued at $55,000 after acquiring an additional 193 shares in the last quarter. Quarry LP boosted its stake in Qualys by 56.2% in the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after purchasing an additional 158 shares during the period. Exchange Traded Concepts LLC grew its position in Qualys by 53.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock worth $82,000 after purchasing an additional 223 shares in the last quarter. Finally, Mendota Financial Group LLC acquired a new stake in Qualys during the 4th quarter valued at $91,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In other news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated 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 in the company, valued at approximately $30,321,173.97. The trade was a 3.01 % 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, CFO Joo Mi Kim sold 1,635 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $138.64, for a total value of $226,676.40. Following the sale, the chief financial officer now owns 112,017 shares of the company’s stock, valued at approximately $15,530,036.88. The trade was a 1.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,259 shares of company stock worth $4,578,153 in the last quarter. 1.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on QLYS shares. Truist Financial raised their target price on Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Loop Capital lowered their target price on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday. Wolfe Research upgraded Qualys from an “underperform” rating to a “peer perform” rating in a report on Monday, November 11th. StockNews.com upgraded shares of Qualys from a “hold” rating to a “buy” rating in a report on Thursday. Finally, UBS Group upped their price objective on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $149.25.

Qualys Stock Performance

Shares of NASDAQ QLYS opened at $135.57 on Friday. The business’s 50-day simple moving average is $143.41 and its 200-day simple moving average is $135.70. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $174.73. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 29.86 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.72% and a return on equity of 40.24%. As a group, equities research analysts forecast 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.