Livforsakringsbolaget Skandia Omsesidigt Sells 600 Shares of Qualys, Inc. (NASDAQ:QLYS)

Livforsakringsbolaget Skandia Omsesidigt trimmed its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 9.3% during the 4th quarter, HoldingsChannel reports. The fund owned 5,850 shares of the software maker’s stock after selling 600 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Qualys were worth $820,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its position in shares of Qualys by 80.8% during the 3rd quarter. UMB Bank n.a. now owns 432 shares of the software maker’s stock valued at $55,000 after acquiring an additional 193 shares in the last quarter. Fifth Third Bancorp lifted its stake in Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after purchasing an additional 99 shares during the period. Quarry LP boosted its holdings in 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 purchasing an additional 158 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Qualys by 53.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock valued at $82,000 after purchasing an additional 223 shares during the period. Finally, Mendota Financial Group LLC bought a new stake in shares of Qualys in the 4th quarter valued at approximately $91,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Buying and Selling at Qualys

In related news, Director Jeffrey P. Hank sold 4,000 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $146.31, for a total value of $585,240.00. Following the completion of the sale, the director now owns 12,666 shares in the company, valued at approximately $1,853,162.46. This represents a 24.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $149.66, for a total value of $1,047,620.00. Following the completion of the transaction, the chief executive officer now directly owns 225,453 shares in the company, valued at $33,741,295.98. The trade was a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,259 shares of company stock worth $4,578,153. Insiders own 1.00% of the company’s stock.

Qualys Stock Down 3.7 %

Shares of QLYS stock opened at $135.57 on Friday. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 29.86 and a beta of 0.56. Qualys, Inc. has a 12 month low of $119.17 and a 12 month high of $174.73. The stock has a 50-day moving average price of $143.41 and a 200 day moving average price of $135.70.

Qualys (NASDAQ:QLYS) last posted its quarterly 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 return on equity of 40.24% and a net margin of 28.72%. Sell-side analysts predict that Qualys, Inc. will post 4.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the company. Truist Financial boosted their price target on Qualys from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Royal Bank of Canada reduced their target price on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday. StockNews.com upgraded shares of Qualys from a “hold” rating to a “buy” rating in a research report on Thursday. TD Cowen boosted their price target 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. Finally, Needham & Company LLC began coverage on shares of Qualys in a research note on Wednesday, November 6th. They set a “hold” rating on the stock. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $149.25.

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.