Boston Trust Walden Corp lessened its stake in Qualys, Inc. (NASDAQ:QLYS – Free Report) by 8.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,010,376 shares of the software maker’s stock after selling 93,512 shares during the quarter. Boston Trust Walden Corp’s holdings in Qualys were worth $88,762,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of QLYS. Nordea Investment Management AB increased its stake in shares of Qualys by 62.4% during the fourth quarter. Nordea Investment Management AB now owns 125,636 shares of the software maker’s stock valued at $16,769,000 after acquiring an additional 48,267 shares during the period. Comerica Bank lifted its position in Qualys by 100.6% in the fourth quarter. Comerica Bank now owns 22,710 shares of the software maker’s stock worth $3,018,000 after purchasing an additional 11,391 shares during the period. Fort Washington Investment Advisors Inc. OH boosted its stake in Qualys by 9.8% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 208,832 shares of the software maker’s stock valued at $27,754,000 after purchasing an additional 18,711 shares in the last quarter. GHP Investment Advisors Inc. increased its position in shares of Qualys by 6,727.1% during the 4th quarter. GHP Investment Advisors Inc. now owns 14,883 shares of the software maker’s stock valued at $1,978,000 after purchasing an additional 14,665 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Qualys by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock valued at $168,380,000 after purchasing an additional 48,877 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.
Qualys Price Performance
Qualys stock opened at $148.12 on Friday. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $155.47. The firm’s 50 day simple moving average is $104.90 and its 200-day simple moving average is $108.90. The company has a market cap of $5.22 billion, a P/E ratio of 26.59 and a beta of 0.61.
Analysts Set New Price Targets
QLYS has been the subject of several research analyst reports. Weiss Ratings lowered Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Wall Street Zen lowered Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada boosted their price target on shares of Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Truist Financial reduced their price objective on shares of Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Finally, Morgan Stanley set a $96.00 price objective on shares of Qualys in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $125.86.
Get Our Latest Stock Report on QLYS
Insider Buying and Selling
In other news, Director Thomas Berquist sold 939 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $110.75, for a total value of $103,994.25. Following the completion of the sale, the director owned 6,781 shares of the company’s stock, valued at $750,995.75. This trade represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 865 shares of the company’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $109.44, for a total value of $94,665.60. Following the transaction, the insider directly owned 64,571 shares in the company, valued at $7,066,650.24. The trade was a 1.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 71,881 shares of company stock valued at $8,945,654. 0.88% of the stock is currently owned by company insiders.
About Qualys
Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.
The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.
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