Oppenheimer Asset Management Inc. Raises Stake in Qualys Inc (NASDAQ:QLYS)

Oppenheimer Asset Management Inc. boosted its position in Qualys Inc (NASDAQ:QLYS) by 5.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,389 shares of the software maker’s stock after purchasing an additional 1,142 shares during the quarter. Oppenheimer Asset Management Inc. owned about 0.06% of Qualys worth $1,935,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in QLYS. BlackRock Inc. lifted its stake in Qualys by 2.0% in the fourth quarter. BlackRock Inc. now owns 4,979,525 shares of the software maker’s stock valued at $372,171,000 after acquiring an additional 98,908 shares during the last quarter. Vanguard Group Inc lifted its stake in shares of Qualys by 3.1% in the third quarter. Vanguard Group Inc now owns 3,392,117 shares of the software maker’s stock worth $302,238,000 after buying an additional 102,212 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Qualys by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,392,117 shares of the software maker’s stock worth $302,238,000 after buying an additional 102,212 shares during the last quarter. Clearbridge Investments LLC lifted its stake in shares of Qualys by 2.6% in the third quarter. Clearbridge Investments LLC now owns 1,005,353 shares of the software maker’s stock worth $89,577,000 after buying an additional 25,570 shares during the last quarter. Finally, Congress Asset Management Co. MA lifted its stake in shares of Qualys by 2.8% in the fourth quarter. Congress Asset Management Co. MA now owns 906,551 shares of the software maker’s stock worth $67,756,000 after buying an additional 24,467 shares during the last quarter. Institutional investors own 84.67% of the company’s stock.

In related news, insider Sumedh S. Thakar sold 4,082 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $85.86, for a total value of $350,480.52. Following the completion of the transaction, the insider now directly owns 190,132 shares of the company’s stock, valued at $16,324,733.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey P. Hank sold 11,250 shares of the firm’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $85.60, for a total transaction of $963,000.00. Following the completion of the transaction, the director now directly owns 19,993 shares of the company’s stock, valued at $1,711,400.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 56,941 shares of company stock valued at $4,933,885. 18.60% of the stock is owned by company insiders.

Several equities research analysts have issued reports on QLYS shares. Zacks Investment Research lowered shares of Qualys from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. BTIG Research lowered shares of Qualys from a “buy” rating to a “neutral” rating in a report on Wednesday, February 13th. Morgan Stanley set a $91.00 price objective on shares of Qualys and gave the stock a “hold” rating in a report on Thursday, May 2nd. Berenberg Bank lowered shares of Qualys from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $96.00 to $82.00 in a report on Friday, February 22nd. Finally, Royal Bank of Canada increased their price objective on shares of Qualys to $90.00 and gave the stock a “sector perform” rating in a report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $93.13.

Shares of NASDAQ:QLYS traded up $1.89 during mid-day trading on Wednesday, reaching $90.15. The stock had a trading volume of 304,050 shares, compared to its average volume of 381,602. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 75.76 and a beta of 1.59. Qualys Inc has a twelve month low of $65.93 and a twelve month high of $98.30.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Wednesday, May 1st. The software maker reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.09). Qualys had a net margin of 21.23% and a return on equity of 15.51%. The firm had revenue of $75.34 million during the quarter, compared to analyst estimates of $74.92 million. During the same quarter in the prior year, the business earned $0.36 earnings per share. The business’s revenue was up 16.1% on a year-over-year basis. On average, equities analysts anticipate that Qualys Inc will post 1.34 earnings per share for the current year.

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Qualys Company Profile

Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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