Intrust Bank NA Sells 197 Shares of Qualys, Inc. (NASDAQ:QLYS)

Intrust Bank NA lowered its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,932 shares of the software maker’s stock after selling 197 shares during the quarter. Intrust Bank NA’s holdings in Qualys were worth $551,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its holdings in shares of Qualys by 68.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker’s stock worth $94,000 after purchasing an additional 297 shares during the period. Citigroup Inc. raised its holdings in Qualys by 40.8% in the 3rd quarter. Citigroup Inc. now owns 60,146 shares of the software maker’s stock valued at $7,726,000 after acquiring an additional 17,440 shares in the last quarter. FMR LLC lifted its position in shares of Qualys by 21.5% in the 3rd quarter. FMR LLC now owns 57,399 shares of the software maker’s stock worth $7,374,000 after acquiring an additional 10,170 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Qualys by 6.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 63,320 shares of the software maker’s stock worth $8,134,000 after purchasing an additional 4,040 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Qualys by 7.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,081 shares of the software maker’s stock valued at $3,993,000 after purchasing an additional 2,243 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Down 2.3 %

Qualys stock opened at $127.18 on Friday. The stock has a 50-day simple moving average of $135.35 and a 200 day simple moving average of $136.39. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 27.35 and a beta of 0.56. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.20.

Qualys (NASDAQ:QLYS) last announced its earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 38.52% and a net margin of 28.59%. As a group, sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research report on Monday, February 10th. Loop Capital decreased their target price on shares of Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a research report on Friday, February 7th. Northland Securities reissued a “market perform” rating and issued a $146.00 price target (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. Morgan Stanley assumed coverage on shares of Qualys in a research note on Tuesday, March 18th. They set an “underweight” rating and a $120.00 price target for the company. Finally, Royal Bank of Canada lowered their price objective on Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $146.14.

Insider Buying and Selling at Qualys

In related news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total value of $941,430.00. Following the completion of the sale, the chief executive officer now directly owns 225,453 shares in the company, valued at $30,321,173.97. This trade represents a 3.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Joo Mi Kim sold 4,542 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $140.08, for a total value of $636,243.36. Following the sale, the chief financial officer now directly owns 108,215 shares of the company’s stock, valued at $15,158,757.20. This represents a 4.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,595 shares of company stock worth $3,691,922. Insiders own 1.00% of the company’s stock.

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.