Oxford Asset Management lowered its stake in Qualys, Inc. (NASDAQ:QLYS) by 24.7% during the fourth quarter, Holdings Channel reports. The fund owned 163,072 shares of the company’s stock after selling 53,564 shares during the period. Oxford Asset Management’s holdings in Qualys were worth $5,161,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in the company. Goodman Financial Corp increased its stake in shares of Qualys by 3.3% in the second quarter. Goodman Financial Corp now owns 184,950 shares of the company’s stock valued at $5,513,000 after buying an additional 5,940 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Qualys by 370.6% in the second quarter. JPMorgan Chase & Co. now owns 119,694 shares of the company’s stock worth $3,568,000 after buying an additional 94,260 shares in the last quarter. Nationwide Fund Advisors increased its stake in shares of Qualys by 12.0% in the second quarter. Nationwide Fund Advisors now owns 17,851 shares of the company’s stock worth $532,000 after buying an additional 1,911 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of Qualys by 30.7% in the second quarter. Teacher Retirement System of Texas now owns 3,846 shares of the company’s stock worth $115,000 after buying an additional 904 shares in the last quarter. Finally, Prudential Financial Inc. increased its stake in shares of Qualys by 12.6% in the second quarter. Prudential Financial Inc. now owns 64,760 shares of the company’s stock worth $1,930,000 after buying an additional 7,260 shares in the last quarter. 74.32% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Qualys, Inc. (NASDAQ:QLYS) traded down 0.14% during mid-day trading on Tuesday, reaching $35.05. 106,081 shares of the company were exchanged. The company’s 50-day moving average is $34.40 and its 200 day moving average is $34.88. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 70.10 and a beta of 0.99. Qualys, Inc. has a 12 month low of $20.11 and a 12 month high of $39.67.
Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, February 8th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The company had revenue of $52.20 million for the quarter, compared to the consensus estimate of $52.63 million. Qualys had a return on equity of 8.40% and a net margin of 9.71%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 EPS. Analysts predict that Qualys, Inc. will post $0.87 EPS for the current year.
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A number of equities research analysts have commented on the stock. Stifel Nicolaus dropped their price objective on shares of Qualys from $40.00 to $38.00 and set a “hold” rating on the stock in a research report on Thursday, February 9th. Zacks Investment Research downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Friday, December 16th. J P Morgan Chase & Co raised shares of Qualys from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $28.00 to $40.00 in a research report on Friday, November 4th. DA Davidson reissued a “buy” rating and issued a $43.00 price objective (down from $47.00) on shares of Qualys in a research report on Wednesday, December 21st. Finally, Pacific Crest reissued a “hold” rating on shares of Qualys in a research report on Friday, November 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Qualys presently has an average rating of “Hold” and an average target price of $37.18.
In other news, insider Sumedh S. Thakar sold 1,600 shares of the company’s stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $32.98, for a total value of $52,768.00. Following the transaction, the insider now owns 53,619 shares in the company, valued at approximately $1,768,354.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Philippe F. Courtot sold 40,000 shares of the company’s stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $34.45, for a total value of $1,378,000.00. Following the completion of the transaction, the chairman now owns 5,546,646 shares in the company, valued at approximately $191,081,954.70. The disclosure for this sale can be found here. Insiders sold a total of 49,200 shares of company stock worth $1,688,726 in the last quarter. 30.20% of the stock is owned by corporate insiders.
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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