Huntington National Bank Has $131,000 Stake in Qualys, Inc. (NASDAQ:QLYS)

Huntington National Bank increased its stake in Qualys, Inc. (NASDAQ:QLYS) by 15.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 932 shares of the software maker’s stock after acquiring an additional 126 shares during the quarter. Huntington National Bank’s holdings in Qualys were worth $131,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. FMR LLC increased its position in Qualys by 21.5% in the 3rd quarter. FMR LLC now owns 57,399 shares of the software maker’s stock valued at $7,374,000 after buying an additional 10,170 shares in the last quarter. Verition Fund Management LLC grew its stake in Qualys by 54.9% in the third quarter. Verition Fund Management LLC now owns 6,199 shares of the software maker’s stock valued at $796,000 after acquiring an additional 2,197 shares during the period. Quarry LP increased its holdings in shares of Qualys by 56.2% during the third quarter. Quarry LP now owns 439 shares of the software maker’s stock valued at $56,000 after acquiring an additional 158 shares in the last quarter. iSAM Funds UK Ltd acquired a new position in shares of Qualys during the third quarter worth approximately $238,000. Finally, Zacks Investment Management lifted its holdings in shares of Qualys by 14.2% in the 3rd quarter. Zacks Investment Management now owns 11,333 shares of the software maker’s stock worth $1,456,000 after purchasing an additional 1,413 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Price Performance

Shares of NASDAQ QLYS opened at $118.59 on Monday. The stock has a market capitalization of $4.33 billion, a PE ratio of 25.50 and a beta of 0.71. Qualys, Inc. has a one year low of $116.67 and a one year high of $174.20. The business’s fifty day moving average price is $133.80 and its 200-day moving average price is $136.49.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) 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%. As a group, equities analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on QLYS. Needham & Company LLC restated a “hold” rating on shares of Qualys in a research note on Monday, February 10th. Jefferies Financial Group decreased their target price on shares of Qualys from $145.00 to $130.00 and set a “hold” rating for the company in a research report on Monday, March 31st. Loop Capital dropped their price target on shares of Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a research report on Friday, February 7th. Scotiabank cut their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Finally, Royal Bank of Canada lowered their price objective on Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $144.36.

Insider Activity

In other news, CFO Joo Mi Kim sold 4,487 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $140.00, for a total value of $628,180.00. Following the transaction, the chief financial officer now owns 112,757 shares of the company’s stock, valued at approximately $15,785,980. This represents a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Bruce K. Posey sold 882 shares of Qualys stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $139.66, for a total value of $123,180.12. Following the sale, the insider now directly owns 62,295 shares of the company’s stock, valued at $8,700,119.70. This represents a 1.40 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,960 shares of company stock worth $3,465,246 over the last ninety days. Company insiders own 1.00% of the company’s stock.

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.