Shearlink Capital buys $29.3 Million stake in Qualys Inc (QLYS)

Qualys Inc (QLYS) : Shearlink Capital scooped up 641,060 additional shares in Qualys Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,102,119 shares of Qualys Inc which is valued at $29.3 Million.Qualys Inc makes up approximately 11.45% of Shearlink Capital’s portfolio.

Other Hedge Funds, Including , Public Sector Pension Investment Board added QLYS to its portfolio by purchasing 16,600 company shares during the most recent quarter which is valued at $441,892. Qualys Inc makes up approx 0.01% of Public Sector Pension Investment Board’s portfolio. Tfs Capital added QLYS to its portfolio by purchasing 33,052 company shares during the most recent quarter which is valued at $879,844. Qualys Inc makes up approx 0.13% of Tfs Capital’s portfolio.Manufacturers Life Insurance Company The boosted its stake in QLYS in the latest quarter, The investment management firm added 80,375 additional shares and now holds a total of 97,037 shares of Qualys Inc which is valued at $2.6 Million. Nine Chapters Capital Management added QLYS to its portfolio by purchasing 25,300 company shares during the most recent quarter which is valued at $673,486. Qualys Inc makes up approx 0.06% of Nine Chapters Capital Management’s portfolio.

Qualys Inc opened for trading at $30.09 and hit $30.9 on the upside on Wednesday, eventually ending the session at $30.54, with a gain of 1.90% or 0.57 points. The heightened volatility saw the trading volume jump to 4,45,802 shares. Company has a market cap of $1,066 M.

On the company’s financial health, Qualys Inc reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 2, 2016. Analyst had a consensus of $0.15. The company had revenue of $46.20 million for the quarter, compared to analysts expectations of $45.09 million. The company’s revenue was up 23.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on Qualys Inc. Robert W. Baird Downgraded Qualys Inc on May 3, 2016 to ” Neutral”, Price Target of the shares are set at $25.Wunderlich Downgraded Qualys Inc on Mar 7, 2016 to ” Hold”, Price Target of the shares are set at $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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