Campbell & CO Investment Adviser LLC purchased a new stake in Qualys Inc (NASDAQ:QLYS) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 2,567 shares of the software maker’s stock, valued at approximately $212,000.
Several other institutional investors and hedge funds have also modified their holdings of QLYS. MML Investors Services LLC lifted its stake in shares of Qualys by 28.0% in the 1st quarter. MML Investors Services LLC now owns 4,948 shares of the software maker’s stock valued at $409,000 after purchasing an additional 1,082 shares during the period. Intrust Bank NA lifted its stake in shares of Qualys by 13.1% in the 1st quarter. Intrust Bank NA now owns 7,416 shares of the software maker’s stock valued at $614,000 after purchasing an additional 858 shares during the period. Swiss National Bank lifted its stake in shares of Qualys by 4.1% in the 1st quarter. Swiss National Bank now owns 61,000 shares of the software maker’s stock valued at $5,047,000 after purchasing an additional 2,400 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Qualys by 4.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 670,853 shares of the software maker’s stock valued at $55,506,000 after purchasing an additional 28,807 shares during the period. Finally, Fiera Capital Corp lifted its stake in shares of Qualys by 31.4% in the 1st quarter. Fiera Capital Corp now owns 603,579 shares of the software maker’s stock valued at $49,940,000 after purchasing an additional 144,394 shares during the period. Institutional investors own 85.26% of the company’s stock.
QLYS stock opened at $86.13 on Wednesday. Qualys Inc has a fifty-two week low of $65.93 and a fifty-two week high of $98.30. The company has a market cap of $3.36 billion, a P/E ratio of 72.38 and a beta of 1.48.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Wednesday, May 1st. The software maker reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.09). Qualys had a return on equity of 15.51% and a net margin of 21.23%. The firm had revenue of $75.34 million for the quarter, compared to analyst estimates of $74.92 million. During the same period last year, the company posted $0.36 earnings per share. The firm’s quarterly revenue was up 16.1% compared to the same quarter last year. Analysts anticipate that Qualys Inc will post 1.34 earnings per share for the current year.
A number of research analysts have recently issued reports on the company. BidaskClub raised Qualys from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 29th. Cowen assumed coverage on Qualys in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $100.00 price objective on the stock. Zacks Investment Research raised Qualys from a “hold” rating to a “strong-buy” rating and set a $100.00 price objective on the stock in a research note on Thursday, May 9th. Morgan Stanley set a $91.00 price objective on Qualys and gave the company a “hold” rating in a research note on Thursday, May 2nd. Finally, JMP Securities boosted their price objective on Qualys from $85.00 to $100.00 and gave the company a “market outperform” rating in a research note on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $93.53.
In other Qualys news, Director Peter Pace sold 22,500 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $89.87, for a total transaction of $2,022,075.00. Following the completion of the sale, the director now directly owns 30,243 shares of the company’s stock, valued at approximately $2,717,938.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Melissa B. Fisher sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $81.14, for a total value of $121,710.00. Following the sale, the chief financial officer now directly owns 155,066 shares of the company’s stock, valued at $12,582,055.24. The disclosure for this sale can be found here. Insiders have sold a total of 50,637 shares of company stock valued at $4,407,469 over the last three months. Corporate insiders own 17.30% of the company’s stock.
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Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
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