Qualys, Inc. $QLYS Stock Sold by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 20.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 786,384 shares of the software maker’s stock after selling 198,505 shares during the quarter. Qualys accounts for about 1.2% of Boston Trust Walden Corp’s investment portfolio, making the stock its 8th largest holding. Boston Trust Walden Corp’s holdings in Qualys were worth $147,211,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of QLYS. Sei Investments Co. lifted its holdings in shares of Qualys by 28.8% during the 1st quarter. Sei Investments Co. now owns 47,295 shares of the software maker’s stock valued at $4,155,000 after acquiring an additional 10,569 shares in the last quarter. Quantinno Capital Management LP boosted its position in Qualys by 306.4% during the 1st quarter. Quantinno Capital Management LP now owns 36,253 shares of the software maker’s stock worth $3,185,000 after purchasing an additional 27,333 shares during the period. Handelsbanken Fonder AB increased its holdings in Qualys by 63.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 17,251 shares of the software maker’s stock valued at $2,372,000 after purchasing an additional 6,700 shares in the last quarter. Park State Asset Management acquired a new stake in Qualys in the 2nd quarter valued at $5,942,000. Finally, Chase Investment Counsel Corp acquired a new stake in Qualys in the 2nd quarter valued at $2,749,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Qualys Trading Up 0.2%

QLYS opened at $210.89 on Thursday. The company has a fifty day simple moving average of $190.27 and a 200 day simple moving average of $136.09. The firm has a market cap of $7.30 billion, a price-to-earnings ratio of 36.06 and a beta of 0.54. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $235.54.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.20. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The firm had revenue of $182.18 million for the quarter, compared to the consensus estimate of $178.57 million. During the same quarter in the previous year, the firm posted $1.68 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. On average, analysts forecast that Qualys, Inc. will post 5.84 earnings per share for the current fiscal year.

Insider Buying and Selling at Qualys

In related news, insider Bruce Posey sold 881 shares of the business’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $189.52, for a total value of $166,967.12. Following the transaction, the insider owned 57,807 shares in the company, valued at approximately $10,955,582.64. The trade was a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 2,659 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $209.66, for a total value of $557,485.94. Following the completion of the transaction, the chief financial officer owned 68,208 shares in the company, valued at approximately $14,300,489.28. This trade represents a 3.75% decrease in their position. 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. Insiders sold a total of 11,672 shares of company stock valued at $2,192,747 in the last ninety days. Insiders own 0.72% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on QLYS shares. Yorkville Ives started coverage on Qualys in a research note on Monday, October 5th. They set an “outperform” rating and a $230.00 price objective on the stock. Northland Securities set a $208.00 target price on Qualys in a research note on Wednesday, August 5th. Royal Bank Of Canada increased their target price on Qualys from $145.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Wall Street Zen downgraded Qualys from a “buy” rating to a “hold” rating in a report on Monday. Finally, Scotiabank boosted their price target on Qualys from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Qualys presently has an average rating of “Hold” and a consensus price target of $185.87.

About Qualys

Qualys, Inc is a cloud-based cybersecurity company that helps organizations identify, assess and manage security risks across information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across on-premises infrastructure, endpoints, networks, applications and cloud environments.

The company’s offerings include vulnerability management, detection and response, policy compliance, asset inventory, web application security, endpoint security and cloud security capabilities.