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

Outlook Wealth Advisors LLC increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 14.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,267 shares of the software maker’s stock after acquiring an additional 283 shares during the period. Outlook Wealth Advisors LLC’s holdings in Qualys were worth $291,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. First Horizon Advisors Inc. grew its holdings in Qualys by 294.7% during the second quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock valued at $32,000 after purchasing an additional 168 shares during the last quarter. DecisionPoint Financial LLC acquired a new position in Qualys in the 1st quarter valued at $34,000. UMB Bank n.a. lifted its position in Qualys by 149.0% during the 2nd quarter. UMB Bank n.a. now owns 239 shares of the software maker’s stock worth $34,000 after acquiring an additional 143 shares during the last quarter. Quarry LP bought a new stake in Qualys during the second quarter valued at about $40,000. Finally, DT Investment Partners LLC acquired a new stake in shares of Qualys in the second quarter valued at about $41,000. 99.31% of the stock is owned by institutional investors.

Qualys Stock Performance

Shares of NASDAQ QLYS opened at $121.12 on Friday. Qualys, Inc. has a 52-week low of $119.32 and a 52-week high of $206.35. The business has a fifty day moving average of $124.42 and a two-hundred day moving average of $138.39. The stock has a market cap of $4.46 billion, a PE ratio of 26.68 and a beta of 0.46.

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

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $125.21, for a total value of $876,470.00. Following the transaction, the chief executive officer now owns 179,649 shares of the company’s stock, valued at approximately $22,493,851.29. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Bruce K. Posey sold 1,330 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $123.80, for a total value of $164,654.00. Following the completion of the transaction, the insider now owns 55,618 shares in the company, valued at $6,885,508.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $125.21, for a total value of $876,470.00. Following the transaction, the chief executive officer now directly owns 179,649 shares in the company, valued at approximately $22,493,851.29. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,535 shares of company stock valued at $1,442,641 in the last three months. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on QLYS. StockNews.com downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. TD Cowen lowered their price objective on shares of Qualys from $140.00 to $130.00 and set a “hold” rating on the stock in a research note on Monday, October 7th. Northland Securities reiterated a “market perform” rating and set a $140.00 target price (down from $150.00) on shares of Qualys in a research note on Wednesday, August 7th. Royal Bank of Canada decreased their price target on shares of Qualys from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research report on Wednesday, August 7th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Qualys currently has a consensus rating of “Hold” and an average price target of $144.23.

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.