Burney Co. Has $2.14 Million Position in Qualys, Inc. $QLYS

Burney Co. trimmed its holdings in Qualys, Inc. (NASDAQ:QLYS) by 73.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,969 shares of the software maker’s stock after selling 40,430 shares during the quarter. Burney Co.’s holdings in Qualys were worth $2,139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in QLYS. SBI Securities Co. Ltd. lifted its stake in shares of Qualys by 82.7% in the 1st quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock valued at $46,000 after purchasing an additional 167 shares during the period. Manchester Capital Management LLC lifted its stake in shares of Qualys by 52.4% in the 1st quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock valued at $55,000 after purchasing an additional 150 shares during the period. Parallel Advisors LLC lifted its stake in shares of Qualys by 82.0% in the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock valued at $69,000 after purchasing an additional 218 shares during the period. Quarry LP lifted its stake in shares of Qualys by 154.9% in the 1st quarter. Quarry LP now owns 576 shares of the software maker’s stock valued at $73,000 after purchasing an additional 350 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of Qualys by 96.4% in the 1st quarter. Signaturefd LLC now owns 601 shares of the software maker’s stock valued at $76,000 after purchasing an additional 295 shares during the period. 99.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualys

In other Qualys news, Director Kristi Marie Rogers sold 1,700 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $134.70, for a total transaction of $228,990.00. Following the completion of the transaction, the director directly owned 8,596 shares of the company’s stock, valued at approximately $1,157,881.20. This represents a 16.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Joo Mi Kim sold 844 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $134.80, for a total value of $113,771.20. Following the transaction, the chief financial officer directly owned 93,651 shares of the company’s stock, valued at approximately $12,624,154.80. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 38,346 shares of company stock valued at $5,028,258 in the last quarter. Insiders own 0.88% of the company’s stock.

Qualys Trading Up 1.5%

Shares of NASDAQ QLYS opened at $125.12 on Tuesday. The stock has a fifty day simple moving average of $131.28 and a two-hundred day simple moving average of $134.07. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $170.00. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 24.97 and a beta of 0.62.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.21. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The business had revenue of $164.06 million during the quarter, compared to analyst estimates of $161.25 million. During the same period in the prior year, the company earned $1.52 earnings per share. Qualys’s revenue was up 10.3% compared to the same quarter last year. Analysts forecast that Qualys, Inc. will post 3.85 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on QLYS. Jefferies Financial Group boosted their price objective on Qualys from $140.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualys in a research report on Wednesday, October 8th. DA Davidson boosted their target price on Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. UBS Group decreased their target price on Qualys from $150.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Finally, Zacks Research lowered Qualys from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Two analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $140.62.

Qualys Company Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.