Qualys, Inc. (NASDAQ:QLYS) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its stake in Qualys, Inc. (NASDAQ:QLYS) by 151.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,258 shares of the software maker’s stock after buying an additional 10,387 shares during the period. Teacher Retirement System of Texas’ holdings in Qualys were worth $2,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in Qualys in the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Qualys in the 4th quarter valued at approximately $39,000. Fifth Third Bancorp raised its stake in shares of Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after purchasing an additional 99 shares in the last quarter. Quarry LP raised its position in shares of Qualys by 56.2% during the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after buying an additional 158 shares in the last quarter. Finally, Mendota Financial Group LLC acquired a new stake in Qualys in the fourth quarter worth approximately $91,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Insider Transactions at Qualys

In related news, CFO Joo Mi Kim sold 1,635 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $138.64, for a total value of $226,676.40. Following the transaction, the chief financial officer now owns 112,017 shares in the company, valued at $15,530,036.88. The trade was a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total value of $941,430.00. Following the sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at approximately $30,321,173.97. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,595 shares of company stock worth $3,691,922. Company insiders own 1.00% of the company’s stock.

Qualys Stock Down 0.5 %

Shares of Qualys stock opened at $129.06 on Thursday. The stock has a market cap of $4.71 billion, a price-to-earnings ratio of 27.75 and a beta of 0.56. Qualys, Inc. has a twelve month low of $119.17 and a twelve month high of $174.20. The company’s fifty day moving average is $135.67 and its 200 day moving average is $136.29.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. As a group, equities analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Loop Capital cut their target price on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Northland Securities reaffirmed a “market perform” rating and set a $146.00 price objective (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Royal Bank of Canada cut their price target on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Finally, Scotiabank dropped their target price on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $146.14.

About Qualys

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.