Clearbridge Investments LLC grew its stake in shares of Qualys Inc (NASDAQ:QLYS) by 0.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,123,814 shares of the software maker’s stock after buying an additional 864 shares during the period. Clearbridge Investments LLC owned 2.96% of Qualys worth $66,698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new stake in shares of Qualys during the third quarter valued at approximately $101,000. Advisory Services Network LLC bought a new stake in shares of Qualys during the fourth quarter valued at approximately $118,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Qualys during the fourth quarter valued at approximately $154,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Qualys in the fourth quarter valued at $196,000. Finally, Janus Henderson Group PLC purchased a new position in shares of Qualys in the third quarter valued at $202,000. Hedge funds and other institutional investors own 79.50% of the company’s stock.
In other Qualys news, VP Amer Deeba sold 2,000 shares of Qualys stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $60.65, for a total transaction of $121,300.00. Following the completion of the transaction, the vice president now directly owns 66,644 shares of the company’s stock, valued at $4,041,958.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sumedh S. Thakar sold 9,801 shares of Qualys stock in a transaction on Friday, February 9th. The stock was sold at an average price of $58.70, for a total transaction of $575,318.70. Following the transaction, the insider now directly owns 192,280 shares of the company’s stock, valued at $11,286,836. The disclosure for this sale can be found here. Insiders have sold 57,801 shares of company stock valued at $3,863,839 over the last ninety days. 20.90% of the stock is owned by insiders.
Qualys Inc (NASDAQ:QLYS) opened at $78.30 on Tuesday. The company has a market cap of $2,970.00, a price-to-earnings ratio of 126.29, a price-to-earnings-growth ratio of 5.37 and a beta of 0.81. Qualys Inc has a one year low of $33.75 and a one year high of $79.40.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Monday, February 12th. The software maker reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. The company had revenue of $62.90 million during the quarter, compared to analyst estimates of $61.96 million. Qualys had a net margin of 17.52% and a return on equity of 16.69%. Qualys’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.23 earnings per share. analysts predict that Qualys Inc will post 0.86 EPS for the current fiscal year.
Qualys announced that its board has authorized a stock repurchase program on Monday, February 12th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the software maker to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.
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 Qualys 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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