Penserra Capital Management Lowers stake in Qualys Inc (QLYS)

Qualys Inc (QLYS) : Penserra Capital Management reduced its stake in Qualys Inc by 17.56% during the most recent quarter end. The investment management company now holds a total of 921,593 shares of Qualys Inc which is valued at $28,292,905 after selling 196,350 shares in Qualys Inc , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Qualys Inc makes up approximately 3.66% of Penserra Capital Management’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in QLYS in the latest quarter, The investment management firm added 37,094 additional shares and now holds a total of 367,750 shares of Qualys Inc which is valued at $11,543,673. Qualys Inc makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.Goodman Financial Corp boosted its stake in QLYS in the latest quarter, The investment management firm added 5,940 additional shares and now holds a total of 184,950 shares of Qualys Inc which is valued at $5,888,808. Qualys Inc makes up approx 3.38% of Goodman Financial Corp’s portfolio. Princeton Alpha Management Lp sold out all of its stake in QLYS during the most recent quarter. The investment firm sold 15,007 shares of QLYS which is valued $477,823.Neuberger Berman Group reduced its stake in QLYS by selling 14,622 shares or 2.53% in the most recent quarter. The Hedge Fund company now holds 562,642 shares of QLYS which is valued at $17,914,521. Qualys Inc makes up approx 0.02% of Neuberger Berman Group’s portfolio.

Qualys Inc closed down -0.31 points or -0.94% at $32.62 with 4,75,173 shares getting traded on Wednesday. Post opening the session at $33.05, the shares hit an intraday low of $32.35 and an intraday high of $33.05 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Qualys Inc reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.17. The company had revenue of $48.40 million for the quarter, compared to analysts expectations of $47.99 million. The company’s revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.

Many Wall Street Analysts have commented on Qualys Inc. Company shares were Reiterated by Wunderlich on Aug 4, 2016 to “Hold”, Firm has raised the Price Target to $ 31 from a previous price target of $26 .

Qualys Inc. is a provider of cloud 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. It provides its solutions through a software-as-a-service model. Its QualysGuard Cloud Suite includes seven solutions: Vulnerability Management Policy Compliance Payment card industry (PCI) Compliance Web Application Scanning Malware Detection Service Web Application Firewall and Qualys SECURE Seal.

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