Calamos Advisors LLC Makes New Investment in Qualys, Inc. (NASDAQ:QLYS)

Calamos Advisors LLC bought a new stake in Qualys, Inc. (NASDAQ:QLYS) in the fourth quarter, HoldingsChannel.com reports. The firm bought 3,010 shares of the software maker’s stock, valued at approximately $591,000.

A number of other institutional investors also recently modified their holdings of the business. CWM LLC raised its stake in Qualys by 353.8% in the third quarter. CWM LLC now owns 422 shares of the software maker’s stock valued at $64,000 after purchasing an additional 329 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in Qualys in the third quarter valued at about $466,000. State of Alaska Department of Revenue raised its stake in Qualys by 4.8% in the third quarter. State of Alaska Department of Revenue now owns 4,362 shares of the software maker’s stock valued at $665,000 after purchasing an additional 200 shares in the last quarter. Park Place Capital Corp raised its stake in Qualys by 12.3% in the third quarter. Park Place Capital Corp now owns 733 shares of the software maker’s stock valued at $112,000 after purchasing an additional 80 shares in the last quarter. Finally, Financial Enhancement Group LLC raised its stake in Qualys by 111.2% in the third quarter. Financial Enhancement Group LLC now owns 12,885 shares of the software maker’s stock valued at $2,092,000 after purchasing an additional 6,785 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Analyst Ratings Changes

QLYS has been the subject of a number of analyst reports. Royal Bank of Canada dropped their price target on Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research note on Thursday, February 8th. Wedbush lowered their target price on Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, February 8th. Truist Financial boosted their target price on Qualys from $145.00 to $175.00 and gave the stock a “hold” rating in a research note on Tuesday, January 16th. StockNews.com downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Stephens reissued an “equal weight” rating and set a $190.00 target price on shares of Qualys in a research note on Thursday, February 8th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $153.23.

Qualys Price Performance

Qualys stock opened at $168.44 on Tuesday. The business has a 50 day moving average of $166.44 and a 200-day moving average of $175.43. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35. The company has a market capitalization of $6.23 billion, a P/E ratio of 41.69 and a beta of 0.51.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.26. Qualys had a return on equity of 49.06% and a net margin of 27.34%. The company had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Equities analysts anticipate that Qualys, Inc. will post 3.35 EPS for the current year.

Insider Activity

In other news, insider Bruce K. Posey sold 1,430 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total value of $235,821.30. Following the completion of the transaction, the insider now owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Qualys news, insider Bruce K. Posey sold 1,430 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the sale, the insider now owns 63,057 shares of the company’s stock, valued at approximately $10,398,729.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 723 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $164.76, for a total transaction of $119,121.48. Following the sale, the chief financial officer now directly owns 100,289 shares of the company’s stock, valued at approximately $16,523,615.64. The disclosure for this sale can be found here. Insiders sold 13,349 shares of company stock valued at $2,214,032 over the last quarter. 1.20% of the stock is owned by company insiders.

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.