Fort Washington Investment Advisors Inc. OH Has $21.66 Million Position in Qualys, Inc. (NASDAQ:QLYS)

Fort Washington Investment Advisors Inc. OH increased its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,440 shares of the software maker’s stock after buying an additional 430 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.42% of Qualys worth $21,656,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QLYS. Geode Capital Management LLC grew its holdings in shares of Qualys by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock worth $160,957,000 after purchasing an additional 20,038 shares in the last quarter. Boston Trust Walden Corp boosted its stake in Qualys by 14.5% during the third quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker’s stock worth $118,966,000 after buying an additional 117,079 shares in the last quarter. CDAM UK Ltd increased its holdings in Qualys by 8.3% in the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after buying an additional 38,509 shares during the period. Penserra Capital Management LLC raised its stake in shares of Qualys by 8.3% in the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock valued at $48,043,000 after buying an additional 28,802 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Qualys by 100.7% during the 2nd quarter. Millennium Management LLC now owns 367,470 shares of the software maker’s stock worth $52,401,000 after acquiring an additional 184,403 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

QLYS has been the topic of a number of analyst reports. DA Davidson upped their target price on shares of Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. UBS Group increased their target price on Qualys from $140.00 to $160.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Jefferies Financial Group boosted their price target on Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Wolfe Research upgraded Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Finally, Morgan Stanley upped 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. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $152.80.

Insider Activity at Qualys

In other news, CFO Joo Mi Kim sold 1,332 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $157.37, for a total value of $209,616.84. Following the completion of the sale, the chief financial officer now directly owns 113,652 shares of the company’s stock, valued at $17,885,415.24. This represents a 1.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $149.66, for a total transaction of $1,047,620.00. Following 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. Insiders have sold 31,259 shares of company stock worth $4,578,153 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Qualys Stock Performance

Shares of QLYS opened at $140.98 on Thursday. The business’s fifty day moving average price is $144.95 and its two-hundred day moving average price is $135.64. The firm has a market capitalization of $5.16 billion, a price-to-earnings ratio of 31.05 and a beta of 0.57. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $200.90.

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

Qualys Company 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.