UBS Group AG reduced its position in shares of Qualys, Inc. (NASDAQ:QLYS – Free Report) by 41.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 113,957 shares of the software maker’s stock after selling 80,299 shares during the quarter. UBS Group AG’s holdings in Qualys were worth $15,145,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the company. Resonant Capital Advisors LLC lifted its holdings in Qualys by 22.4% during the 4th quarter. Resonant Capital Advisors LLC now owns 2,816 shares of the software maker’s stock worth $374,000 after purchasing an additional 515 shares during the last quarter. Torray Investment Partners LLC lifted its holdings in Qualys by 22.6% during the 4th quarter. Torray Investment Partners LLC now owns 14,072 shares of the software maker’s stock worth $1,870,000 after purchasing an additional 2,595 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Qualys by 18.6% during the 4th quarter. Teacher Retirement System of Texas now owns 51,565 shares of the software maker’s stock worth $6,853,000 after purchasing an additional 8,074 shares during the last quarter. M&T Bank Corp lifted its holdings in Qualys by 126.8% during the 4th quarter. M&T Bank Corp now owns 4,454 shares of the software maker’s stock worth $592,000 after purchasing an additional 2,490 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Qualys by 6.1% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,863 shares of the software maker’s stock worth $3,041,000 after purchasing an additional 1,312 shares during the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.
Qualys Price Performance
Qualys stock opened at $86.50 on Thursday. The stock’s fifty day moving average price is $90.05 and its two-hundred day moving average price is $116.48. Qualys, Inc. has a one year low of $74.51 and a one year high of $155.47. The firm has a market cap of $3.05 billion, a PE ratio of 15.53 and a beta of 0.58.
Analyst Ratings Changes
QLYS has been the subject of several research reports. Weiss Ratings raised Qualys from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Royal Bank Of Canada raised their price objective on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Scotiabank lowered their price objective on Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. TD Cowen restated a “hold” rating on shares of Qualys in a research note on Tuesday, April 14th. Finally, Wedbush lowered their price objective on Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Qualys currently has a consensus rating of “Hold” and an average target price of $122.14.
Check Out Our Latest Stock Analysis on Qualys
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.
Read More
- Five stocks we like better than Qualys
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
Want to see what other hedge funds are holding QLYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualys, Inc. (NASDAQ:QLYS – Free Report).
Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.
