Stephens Investment Management Group LLC Reduces Holdings in Qualys, Inc. (QLYS)

Stephens Investment Management Group LLC decreased its holdings in Qualys, Inc. (NASDAQ:QLYS) by 0.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 734,415 shares of the software maker’s stock after selling 2,069 shares during the period. Stephens Investment Management Group LLC owned about 1.97% of Qualys worth $29,964,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the business. BlackRock Inc. grew its stake in shares of Qualys by 157,222.3% during the first quarter. BlackRock Inc. now owns 3,365,124 shares of the software maker’s stock worth $127,537,000 after purchasing an additional 3,362,985 shares in the last quarter. Champlain Investment Partners LLC grew its stake in shares of Qualys by 32.7% during the first quarter. Champlain Investment Partners LLC now owns 2,304,060 shares of the software maker’s stock worth $87,324,000 after purchasing an additional 568,040 shares in the last quarter. Neuberger Berman Group LLC grew its stake in shares of Qualys by 2.6% during the second quarter. Neuberger Berman Group LLC now owns 2,264,080 shares of the software maker’s stock worth $92,374,000 after purchasing an additional 57,088 shares in the last quarter. Columbia Wanger Asset Management LLC grew its stake in shares of Qualys by 21.5% during the first quarter. Columbia Wanger Asset Management LLC now owns 1,558,789 shares of the software maker’s stock worth $59,078,000 after purchasing an additional 275,361 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Qualys by 8.1% during the first quarter. Vanguard Group Inc. now owns 1,544,215 shares of the software maker’s stock worth $58,527,000 after purchasing an additional 115,150 shares in the last quarter. Institutional investors and hedge funds own 73.75% of the company’s stock.

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In other Qualys news, Director Jeffrey P. Hank sold 2,500 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $46.10, for a total transaction of $115,250.00. Following the completion of the transaction, the director now directly owns 8,655 shares of the company’s stock, valued at approximately $398,995.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Peter Pace sold 12,000 shares of the firm’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $44.88, for a total transaction of $538,560.00. Following the transaction, the director now directly owns 35,155 shares of the company’s stock, valued at $1,577,756.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 45,708 shares of company stock valued at $2,072,334. 30.20% of the stock is owned by company insiders.

A number of equities analysts recently commented on the stock. Imperial Capital reiterated an “outperform” rating and set a $50.00 target price (up previously from $46.00) on shares of Qualys in a research note on Wednesday, August 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $45.00 target price (up previously from $39.00) on shares of Qualys in a research note on Tuesday, May 23rd. Zacks Investment Research downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research note on Friday, July 21st. Susquehanna Bancshares Inc assumed coverage on shares of Qualys in a research note on Wednesday, June 7th. They set a “neutral” rating and a $45.00 target price for the company. Finally, Morgan Stanley reiterated an “overweight” rating and set a $50.00 target price (up previously from $45.00) on shares of Qualys in a research note on Thursday, July 20th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $45.25.

Qualys, Inc. (NASDAQ:QLYS) traded down 1.16% during trading on Tuesday, reaching $50.95. 12,861 shares of the company’s stock traded hands. Qualys, Inc. has a 1-year low of $30.60 and a 1-year high of $51.75. The stock has a 50-day moving average price of $45.13 and a 200 day moving average price of $40.64. The stock has a market capitalization of $1.91 billion, a P/E ratio of 49.85 and a beta of 0.89.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.08. The company had revenue of $55.30 million during the quarter, compared to analyst estimates of $54.87 million. Qualys had a net margin of 18.92% and a return on equity of 14.69%. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period last year, the business earned $0.20 EPS. Equities research analysts expect that Qualys, Inc. will post $0.90 earnings per share for the current year.

Qualys Profile

Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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