Landscape Capital Management L.L.C. Invests $252,000 in Qualys, Inc. (NASDAQ:QLYS)

Landscape Capital Management L.L.C. purchased a new position in Qualys, Inc. (NASDAQ:QLYS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,959 shares of the software maker’s stock, valued at approximately $252,000.

A number of other hedge funds have also recently made changes to their positions in QLYS. Aigen Investment Management LP purchased a new position in Qualys in the 3rd quarter worth approximately $445,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Qualys by 208.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock worth $11,072,000 after acquiring an additional 58,252 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in Qualys by 36.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 20,576 shares of the software maker’s stock worth $3,374,000 after acquiring an additional 5,508 shares during the last quarter. SG Americas Securities LLC raised its holdings in Qualys by 2,459.9% in the 2nd quarter. SG Americas Securities LLC now owns 43,135 shares of the software maker’s stock worth $6,151,000 after acquiring an additional 41,450 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in Qualys by 40.0% in the 3rd quarter. Van ECK Associates Corp now owns 29,015 shares of the software maker’s stock worth $3,525,000 after acquiring an additional 8,291 shares during the last quarter. 99.31% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $125.21, for a total transaction of $876,470.00. Following the completion of the transaction, the chief executive officer now owns 179,649 shares of the company’s stock, valued at $22,493,851.29. This represents a 3.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Joo Mi Kim sold 634 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $122.19, for a total transaction of $77,468.46. Following the transaction, the chief financial officer now directly owns 85,942 shares of the company’s stock, valued at $10,501,252.98. This trade represents a 0.73 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,919 shares of company stock valued at $2,993,000. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Needham & Company LLC assumed coverage on shares of Qualys in a report on Wednesday, November 6th. They issued a “hold” rating for the company. Wedbush decreased their target price on shares of Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. DA Davidson boosted 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. Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Finally, Morgan Stanley boosted 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. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Qualys currently has an average rating of “Hold” and an average price target of $152.80.

Qualys Stock Performance

Shares of Qualys stock opened at $156.44 on Tuesday. The company has a market capitalization of $5.72 billion, a P/E ratio of 34.52 and a beta of 0.47. The company has a fifty day moving average of $131.26 and a 200 day moving average of $134.70. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $206.35.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.23. The company had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. Qualys had a net margin of 28.72% and a return on equity of 40.24%. Qualys’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.24 EPS. Analysts forecast that Qualys, Inc. will post 4.34 EPS for the current year.

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.