Blueshift Asset Management LLC Has $519,000 Holdings in Qualys, Inc. (NASDAQ:QLYS)

Blueshift Asset Management LLC boosted its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 39.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,041 shares of the software maker’s stock after acquiring an additional 1,147 shares during the quarter. Blueshift Asset Management LLC’s holdings in Qualys were worth $519,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in QLYS. Boston Trust Walden Corp raised its stake in Qualys by 14.5% in the third quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker’s stock valued at $118,966,000 after buying an additional 117,079 shares during the period. CDAM UK Ltd lifted its holdings in Qualys by 8.3% during the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Renaissance Technologies LLC boosted its position in Qualys by 15.3% during the second quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker’s stock worth $67,607,000 after purchasing an additional 63,000 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Qualys by 0.8% in the second 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, Penserra Capital Management LLC raised its position in shares of Qualys by 8.3% in the third quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock valued at $48,043,000 after purchasing an additional 28,802 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Trading Down 0.8 %

Shares of Qualys stock opened at $154.68 on Thursday. The company has a 50 day moving average of $132.50 and a 200-day moving average of $134.78. The company has a market cap of $5.66 billion, a PE ratio of 34.07 and a beta of 0.47. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $206.35.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm had revenue of $153.87 million for the quarter, compared to the consensus estimate of $150.74 million. During the same quarter last year, the business posted $1.24 EPS. The company’s revenue was up 8.4% compared to the same quarter last year. Research analysts forecast that Qualys, Inc. will post 4.34 earnings per share for the current year.

Insider Buying and Selling at Qualys

In related news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $149.66, for a total transaction of $1,047,620.00. Following the sale, the chief executive officer now directly owns 225,453 shares of the company’s stock, valued at approximately $33,741,295.98. The trade was a 3.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jeffrey P. Hank sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $146.31, for a total transaction of $585,240.00. Following the completion of the transaction, the director now directly owns 12,666 shares of the company’s stock, valued at approximately $1,853,162.46. The trade was a 24.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,919 shares of company stock worth $2,993,000 over the last 90 days. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

QLYS has been the subject of several research analyst reports. Morgan Stanley lifted their target price on shares of Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Wedbush reduced their price objective on Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. DA Davidson upped their target price on Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Royal Bank of Canada lifted their price target on Qualys from $150.00 to $162.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group boosted their price target on Qualys from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Qualys presently has a consensus rating of “Hold” and an average price target of $152.80.

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.