Outlook Wealth Advisors LLC Has $291,000 Stake in Qualys, Inc. (NASDAQ:QLYS)

Outlook Wealth Advisors LLC boosted its holdings in Qualys, Inc. (NASDAQ:QLYS) by 14.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,267 shares of the software maker’s stock after buying an additional 283 shares during the period. Outlook Wealth Advisors LLC’s holdings in Qualys were worth $291,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of Montreal Can raised its position 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 valued at $699,000 after acquiring an additional 107 shares during the last quarter. Legacy Advisors LLC lifted its stake in Qualys by 1.4% in the second quarter. Legacy Advisors LLC now owns 8,272 shares of the software maker’s stock valued at $1,180,000 after buying an additional 113 shares during the period. Retirement Systems of Alabama boosted its holdings in Qualys by 0.3% during the first quarter. Retirement Systems of Alabama now owns 46,193 shares of the software maker’s stock worth $7,708,000 after buying an additional 121 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Qualys by 8.1% during the first quarter. Advisors Asset Management Inc. now owns 1,684 shares of the software maker’s stock worth $281,000 after buying an additional 126 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position 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 period. 99.31% of the stock is owned by institutional investors.

Qualys Trading Up 1.0 %

Shares of QLYS opened at $121.12 on Friday. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 26.68 and a beta of 0.46. Qualys, Inc. has a 12 month low of $119.32 and a 12 month high of $206.35. The firm has a fifty day simple moving average of $124.42 and a 200 day simple moving average of $138.39.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.20. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The company had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. During the same quarter last year, the company earned $0.95 EPS. Qualys’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, research analysts predict that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Royal Bank of Canada reduced their price objective on shares of Qualys from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Northland Securities reissued a “market perform” rating and set a $140.00 price target (down from $150.00) on shares of Qualys in a research report on Wednesday, August 7th. UBS Group lowered their price objective on shares of Qualys from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Piper Sandler decreased their target price on Qualys from $116.00 to $115.00 and set an “underweight” rating for the company in a research note on Wednesday, August 7th. Finally, Truist Financial dropped their price target on Qualys from $130.00 to $120.00 and set a “hold” rating on the stock in a research report on Wednesday. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $144.23.

Insiders Place Their Bets

In other news, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $123.56, for a total value of $165,446.84. Following the completion of the sale, the insider now owns 55,279 shares of the company’s stock, valued at approximately $6,830,273.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Qualys news, CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $123.54, for a total transaction of $76,100.64. Following the transaction, the chief financial officer now owns 86,576 shares of the company’s stock, valued at $10,695,599.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bruce K. Posey sold 1,339 shares of the company’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $123.56, for a total value of $165,446.84. Following the completion of the sale, the insider now owns 55,279 shares in the company, valued at $6,830,273.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,535 shares of company stock valued at $1,442,641 in the last 90 days. 1.00% of the stock is currently owned by insiders.

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.