Outlook Wealth Advisors LLC Acquires 910 Shares of Qualys, Inc. (NASDAQ:QLYS)

Outlook Wealth Advisors LLC grew its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 40.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,177 shares of the software maker’s stock after buying an additional 910 shares during the period. Outlook Wealth Advisors LLC’s holdings in Qualys were worth $445,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of QLYS. Geode Capital Management LLC boosted its stake in Qualys by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock worth $160,957,000 after acquiring an additional 20,038 shares in the last quarter. Boston Trust Walden Corp boosted its position in shares of Qualys by 14.5% during the 3rd quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker’s stock worth $118,966,000 after purchasing an additional 117,079 shares in the last quarter. CDAM UK Ltd boosted its position in shares of Qualys by 8.3% during the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock worth $64,604,000 after purchasing an additional 38,509 shares in the last quarter. Penserra Capital Management LLC grew its stake in shares of Qualys by 8.3% in the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock valued at $48,043,000 after buying an additional 28,802 shares during the period. Finally, Millennium Management LLC increased its position in Qualys by 100.7% in the 2nd quarter. Millennium Management LLC now owns 367,470 shares of the software maker’s stock valued at $52,401,000 after buying an additional 184,403 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Performance

NASDAQ:QLYS opened at $135.91 on Thursday. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $201.03. The firm has a 50-day moving average price of $146.53 and a two-hundred day moving average price of $135.83. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 29.94 and a beta of 0.57.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The company had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. During the same period last year, the business posted $1.24 earnings per share. Qualys’s revenue was up 8.4% on a year-over-year basis. As a group, sell-side analysts forecast that Qualys, Inc. will post 4.34 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wolfe Research raised Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Canaccord Genuity Group increased their target price on Qualys from $160.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Westpark Capital reissued a “hold” rating on shares of Qualys in a research report on Wednesday, November 6th. Truist Financial upped their price objective on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. Finally, Jefferies Financial Group raised their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Qualys currently has an average rating of “Hold” and an average target price of $152.80.

Insider Buying and Selling

In other Qualys news, insider Bruce K. Posey sold 8,555 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the sale, the insider now owns 64,032 shares of the company’s stock, valued at $9,900,627.84. The trade was a 11.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total value of $941,430.00. Following the sale, the chief executive officer now owns 225,453 shares in the company, valued at approximately $30,321,173.97. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,716 shares of company stock worth $4,620,419. 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.