Los Angeles Capital Management LLC Has $5.89 Million Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Los Angeles Capital Management LLC raised its holdings in Qualys, Inc. (NASDAQ:QLYS) by 41.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 42,031 shares of the software maker’s stock after acquiring an additional 12,228 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.11% of Qualys worth $5,894,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of QLYS. Aigen Investment Management LP acquired a new stake in Qualys in the third quarter valued at $445,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Qualys by 208.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock valued at $11,072,000 after buying an additional 58,252 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Qualys by 428.9% in the third quarter. Intech Investment Management LLC now owns 18,256 shares of the software maker’s stock valued at $2,345,000 after buying an additional 14,804 shares during the period. Van ECK Associates Corp raised its position in shares of Qualys by 40.0% during the third quarter. Van ECK Associates Corp now owns 29,015 shares of the software maker’s stock worth $3,525,000 after acquiring an additional 8,291 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Qualys by 13.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,833 shares of the software maker’s stock worth $1,095,000 after acquiring an additional 933 shares during the period. Institutional investors own 99.31% of the company’s stock.

Qualys Stock Up 0.6 %

Shares of QLYS opened at $133.26 on Thursday. The business’s fifty day moving average is $139.66 and its 200 day moving average is $135.64. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.31. The stock has a market cap of $4.86 billion, a P/E ratio of 28.66 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data 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, analysts expect that Qualys, Inc. will post 3.85 EPS for the current year.

Insider Activity at Qualys

In other news, insider Bruce K. Posey sold 8,555 shares of the firm’s 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 transaction, the insider now owns 64,032 shares in the company, valued at $9,900,627.84. This trade represents a 11.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at $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 quarter, insiders have sold 36,813 shares of company stock valued at $5,278,133. 1.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. TD Cowen increased their target price 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. Westpark Capital reiterated a “hold” rating on shares of Qualys in a research report on Wednesday, November 6th. Jefferies Financial Group boosted their target price on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. StockNews.com upgraded Qualys from a “hold” rating to a “buy” rating in a report on Saturday, February 15th. Finally, Wolfe Research raised Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target 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.