4,106 Shares in Qualys, Inc. (NASDAQ:QLYS) Acquired by Quadrature Capital Ltd

Posted by on Mar 12th, 2023

Quadrature Capital Ltd bought a new position in shares of Qualys, Inc. (NASDAQ:QLYS – Get Rating) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,106 shares of the software maker’s stock, valued at approximately $572,000.

Other large investors have also added to or reduced their stakes in the company. Pinnacle Financial Partners Inc. purchased a new position in Qualys in the 3rd quarter worth approximately $25,000. Hoey Investments Inc. purchased a new position in shares of Qualys in the second quarter worth $38,000. Bessemer Group Inc. boosted its position in shares of Qualys by 778.1% during the third quarter. Bessemer Group Inc. now owns 281 shares of the software maker’s stock worth $39,000 after acquiring an additional 249 shares during the last quarter. Wipfli Financial Advisors LLC purchased a new position in Qualys during the third quarter valued at $57,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in Qualys in the 3rd quarter valued at $103,000. Hedge funds and other institutional investors own 92.61% of the company’s stock.

Insider Buying and Selling at Qualys

In other news, CEO Sumedh S. Thakar sold 5,576 shares of Qualys stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of $107.06, for a total transaction of $596,966.56. Following the completion of the sale, the chief executive officer now directly owns 181,432 shares in the company, valued at $19,424,109.92. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, insider Bruce K. Posey sold 1,170 shares of Qualys stock in a transaction dated Thursday, February 23rd. The stock was sold at an average price of $120.33, for a total value of $140,786.10. Following the completion of the sale, the insider now directly owns 62,409 shares in the company, valued at $7,509,674.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sumedh S. Thakar sold 5,576 shares of the stock in a transaction dated Tuesday, January 17th. The stock was sold at an average price of $107.06, for a total transaction of $596,966.56. Following the transaction, the chief executive officer now owns 181,432 shares in the company, valued at $19,424,109.92. The disclosure for this sale can be found here. Insiders have sold 15,496 shares of company stock valued at $1,792,689 in the last quarter. 1.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on QLYS shares. Needham & Company LLC lowered Qualys from a “buy” rating to a “hold” rating in a research report on Thursday, January 5th. Morgan Stanley reduced their price objective on Qualys from $118.00 to $103.00 and set an “underweight” rating on the stock in a research note on Thursday, January 12th. Westpark Capital initiated coverage on Qualys in a research report on Tuesday, March 7th. They set a “buy” rating and a $170.00 target price for the company. Wolfe Research cut shares of Qualys from an “outperform” rating to a “peer perform” rating in a research report on Monday, February 13th. Finally, Piper Sandler lowered their price objective on shares of Qualys from $138.00 to $115.00 and set a “neutral” rating for the company in a research report on Thursday, January 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $143.20.

Qualys Stock Performance

QLYS opened at $117.84 on Friday. The stock’s 50 day moving average price is $115.06 and its 200-day moving average price is $126.32. Qualys, Inc. has a one year low of $101.10 and a one year high of $162.36. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 42.70 and a beta of 0.62.

About Qualys

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Qualys, Inc engages in the provision of cloud security and compliance solutions. Its products enable organizations to identify security risks to information technology infrastructures, help protect information technology systems and applications from cyber attacks, and achieve compliance with internal policies and external regulations.

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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