Shearlink Capital Lowers stake in Qualys Inc (QLYS)

Qualys Inc (QLYS) : Shearlink Capital reduced its stake in Qualys Inc by 10.33% during the most recent quarter end. The investment management company now holds a total of 988,243 shares of Qualys Inc which is valued at $29,874,586 after selling 113,876 shares in Qualys Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Qualys Inc makes up approximately 11.93% of Shearlink Capital’s portfolio.

Other Hedge Funds, Including , 1832 Asset Management added QLYS to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $1,512. Trexquant Investment Lp added QLYS to its portfolio by purchasing 15,800 company shares during the most recent quarter which is valued at $477,634. Qualys Inc makes up approx 0.06% of Trexquant Investment Lp’s portfolio.Texas Permanent School Fund reduced its stake in QLYS by selling 551 shares or 2.86% in the most recent quarter. The Hedge Fund company now holds 18,690 shares of QLYS which is valued at $564,999. Qualys Inc makes up approx 0.01% of Texas Permanent School Fund’s portfolio.Plante Moran Financial Advisors reduced its stake in QLYS by selling 18 shares or 25.71% in the most recent quarter. The Hedge Fund company now holds 52 shares of QLYS which is valued at $1,577.

Qualys Inc closed down -0.27 points or -0.77% at $34.96 with 1,52,883 shares getting traded on Monday. Post opening the session at $35.35, the shares hit an intraday low of $34.8 and an intraday high of $35.48 and the price fluctuated in this range throughout the day.Shares ended Monday 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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