Johnson Financial Group Inc. Takes $54,000 Position in Qualys, Inc. (NASDAQ:QLYS)

Johnson Financial Group Inc. purchased a new stake in Qualys, Inc. (NASDAQ:QLYS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 385 shares of the software maker’s stock, valued at approximately $54,000.

Other hedge funds have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in shares of Qualys in the 4th quarter valued at approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Qualys in the 4th quarter valued at approximately $39,000. Quadrant Capital Group LLC lifted its holdings in shares of Qualys by 88.1% in the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker’s stock valued at $47,000 after buying an additional 156 shares during the period. Fifth Third Bancorp lifted its holdings in shares of Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after buying an additional 99 shares during the period. Finally, Mendota Financial Group LLC acquired a new stake in shares of Qualys in the 4th quarter valued at approximately $91,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

QLYS has been the subject of several research analyst reports. Loop Capital dropped their price objective on Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Jefferies Financial Group dropped their price objective on Qualys from $145.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, March 31st. Scotiabank dropped their price objective on Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Northland Securities reaffirmed a “market perform” rating and issued a $146.00 price objective (down from $150.00) on shares of Qualys in a research note on Monday, February 10th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research note on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Qualys has an average rating of “Hold” and a consensus target price of $140.53.

Insider Activity at Qualys

In other Qualys news, 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 transaction of $636,243.36. Following the transaction, the chief financial officer now owns 108,215 shares in the company, valued at $15,158,757.20. The trade was a 4.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bruce K. Posey sold 540 shares of the business’s stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $117.86, for a total value of $63,644.40. Following the transaction, the insider now owns 64,513 shares in the company, valued at approximately $7,603,502.18. This represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,138 shares of company stock worth $3,519,970. 1.00% of the stock is owned by insiders.

Qualys Trading Down 0.4 %

Shares of Qualys stock opened at $126.25 on Tuesday. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $172.70. The stock has a market capitalization of $4.61 billion, a P/E ratio of 27.15 and a beta of 0.71. The business’s fifty day moving average price is $126.80 and its 200 day moving average price is $135.93.

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

Qualys 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.