US Bancorp DE grew its position in Qualys Inc (NASDAQ:QLYS) by 17.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,809 shares of the software maker’s stock after acquiring an additional 4,831 shares during the quarter. US Bancorp DE owned 0.08% of Qualys worth $2,923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in Qualys in the 3rd quarter worth approximately $146,000. Envestnet Asset Management Inc. increased its stake in Qualys by 119.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,889 shares of the software maker’s stock worth $159,000 after acquiring an additional 1,030 shares during the last quarter. Stevens Capital Management LP bought a new stake in Qualys in the 2nd quarter worth approximately $212,000. Public Employees Retirement Association of Colorado bought a new stake in Qualys in the 3rd quarter worth approximately $212,000. Finally, Atria Investments LLC bought a new position in shares of Qualys during the 2nd quarter valued at approximately $217,000. 82.75% of the stock is currently owned by institutional investors and hedge funds.

QLYS traded down $2.64 during trading hours on Friday, reaching $75.65. 245,979 shares of the company’s stock traded hands, compared to its average volume of 312,967. Qualys Inc has a 52-week low of $55.05 and a 52-week high of $98.30. The stock has a market cap of $3.08 billion, a P/E ratio of 84.06 and a beta of 1.38.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, October 30th. The software maker reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.11. Qualys had a return on equity of 14.18% and a net margin of 17.10%. The company had revenue of $71.70 million during the quarter, compared to analysts’ expectations of $71.22 million. During the same quarter in the previous year, the business earned $0.31 EPS. Qualys’s revenue was up 20.5% compared to the same quarter last year. Sell-side analysts anticipate that Qualys Inc will post 1.07 EPS for the current fiscal year.

Several equities analysts have recently weighed in on QLYS shares. BidaskClub raised Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, September 12th. First Analysis set a $112.00 target price on Qualys and gave the company a “buy” rating in a research report on Monday, September 10th. ValuEngine downgraded Qualys from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 4th. Monness Crespi & Hardt cut their target price on Qualys from $100.00 to $95.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. Finally, Wedbush reissued a “buy” rating and set a $95.00 target price on shares of Qualys in a research report on Friday, November 16th. Seven investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $88.13.

In other Qualys news, CFO Melissa B. Fisher sold 1,500 shares of the company’s stock in a transaction on Monday, October 8th. The stock was sold at an average price of $81.30, for a total value of $121,950.00. Following the completion of the sale, the chief financial officer now directly owns 121,330 shares in the company, valued at approximately $9,864,129. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Bruce K. Posey sold 2,000 shares of the company’s stock in a transaction on Monday, September 10th. The stock was sold at an average price of $92.10, for a total value of $184,200.00. Following the sale, the vice president now owns 37,548 shares of the company’s stock, valued at $3,458,170.80. The disclosure for this sale can be found here. Insiders sold a total of 43,196 shares of company stock valued at $3,472,420 over the last quarter. Company insiders own 18.60% of the company’s stock.

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About Qualys

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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