Global Retirement Partners LLC Has $284,000 Holdings in Qualys, Inc. (NASDAQ:QLYS)

Global Retirement Partners LLC boosted its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 32.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,024 shares of the software maker’s stock after buying an additional 495 shares during the quarter. Global Retirement Partners LLC’s holdings in Qualys were worth $284,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Creative Planning increased its holdings in shares of Qualys by 60.9% during the 3rd quarter. Creative Planning now owns 6,580 shares of the software maker’s stock valued at $845,000 after acquiring an additional 2,491 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Qualys by 11.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,438 shares of the software maker’s stock valued at $955,000 after purchasing an additional 738 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Qualys by 12,750.0% in the third quarter. International Assets Investment Management LLC now owns 1,542 shares of the software maker’s stock valued at $198,000 after purchasing an additional 1,530 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Qualys by 3.1% in the third quarter. Assenagon Asset Management S.A. now owns 23,933 shares of the software maker’s stock worth $3,074,000 after buying an additional 716 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in shares of Qualys by 38.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,259 shares of the software maker’s stock worth $547,000 after buying an additional 1,176 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Insider Transactions at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total transaction of $941,430.00. Following the completion of the transaction, the chief executive officer now directly owns 225,453 shares in the company, valued at $30,321,173.97. This represents a 3.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 transaction, 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 36,813 shares of company stock valued at $5,278,133. Corporate insiders own 1.00% of the company’s stock.

Qualys Stock Performance

Shares of QLYS stock opened at $134.37 on Tuesday. The firm has a fifty day moving average of $140.09 and a 200-day moving average of $135.61. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 28.90 and a beta of 0.56. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31.

Qualys (NASDAQ:QLYS) last posted its earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. On average, sell-side analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on QLYS. Truist Financial boosted their target price on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Scotiabank cut their price objective on Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Jefferies Financial Group increased their target price on Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th. Finally, Northland Securities reissued a “market perform” rating and issued a $146.00 price objective (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Qualys currently has a consensus rating of “Hold” and an average price target of $146.57.

Qualys 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.