Hantz Financial Services Inc. Has $9.27 Million Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Hantz Financial Services Inc. trimmed its holdings in shares of Qualys, Inc. (NASDAQ:QLYS) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,133 shares of the software maker’s stock after selling 1,466 shares during the period. Hantz Financial Services Inc.’s holdings in Qualys were worth $9,273,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of QLYS. Bank of Montreal Can boosted its stake in shares of Qualys by 2.2% during the 2nd quarter. Bank of Montreal Can now owns 4,896 shares of the software maker’s stock worth $699,000 after buying an additional 107 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Qualys during the 2nd quarter worth about $4,267,000. The Manufacturers Life Insurance Company boosted its stake in shares of Qualys by 0.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 46,436 shares of the software maker’s stock worth $6,622,000 after buying an additional 127 shares during the last quarter. Algert Global LLC acquired a new stake in Qualys in the 2nd quarter valued at about $2,583,000. Finally, Quarry LP acquired a new stake in Qualys in the 2nd quarter valued at about $40,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Westpark Capital reiterated a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. DA Davidson raised their target price on shares of Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Morgan Stanley raised their target price on shares of Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Finally, Needham & Company LLC assumed coverage on shares of Qualys in a research note on Wednesday, November 6th. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Qualys has an average rating of “Hold” and an average price target of $152.80.

Qualys Trading Down 1.8 %

Shares of QLYS opened at $145.04 on Thursday. Qualys, Inc. has a 12 month low of $119.17 and a 12 month high of $193.38. The firm’s 50 day moving average is $144.90 and its 200-day moving average is $135.77. The stock has a market capitalization of $5.31 billion, a PE ratio of 31.95 and a beta of 0.57.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, topping the consensus estimate of $1.33 by $0.23. The company had revenue of $153.87 million for the quarter, compared to analysts’ expectations of $150.74 million. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period last year, the firm earned $1.24 earnings per share. Equities research analysts predict that Qualys, Inc. will post 4.34 earnings per share for the current fiscal year.

Insider Buying and Selling at Qualys

In other Qualys news, Director Jeffrey P. Hank sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $146.31, for a total value of $585,240.00. Following the sale, the director now owns 12,666 shares in the company, valued at $1,853,162.46. This trade represents a 24.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Bruce K. Posey sold 8,555 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 64,032 shares in the company, valued at $9,900,627.84. This represents a 11.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,259 shares of company stock worth $4,578,153 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

About Qualys

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.