Teza Capital Management LLC Invests $229,000 in Qualys, Inc. (NASDAQ:QLYS)

Teza Capital Management LLC purchased a new stake in Qualys, Inc. (NASDAQ:QLYS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,632 shares of the software maker’s stock, valued at approximately $229,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new position in Qualys during the fourth quarter worth $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Qualys in the 4th quarter worth $39,000. Quadrant Capital Group LLC raised its holdings in shares of Qualys by 88.1% during the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker’s stock worth $47,000 after acquiring an additional 156 shares during the period. Johnson Financial Group Inc. purchased a new position in shares of Qualys during the 4th quarter worth $54,000. Finally, Fifth Third Bancorp boosted its position in shares of Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after acquiring an additional 99 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Buying and Selling

In related news, Director Jeffrey P. Hank sold 4,000 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $128.93, for a total value of $515,720.00. Following the transaction, the director now directly owns 12,666 shares of the company’s stock, valued at approximately $1,633,027.38. This trade represents a 24.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Bruce K. Posey sold 524 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $129.38, for a total value of $67,795.12. Following the completion of the transaction, the insider now owns 65,053 shares in the company, valued at approximately $8,416,557.14. This trade represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,127 shares of company stock valued at $1,905,108. Insiders own 1.00% of the company’s stock.

Qualys Stock Up 0.9%

Shares of NASDAQ:QLYS opened at $138.08 on Wednesday. The company has a market cap of $5.02 billion, a P/E ratio of 29.69 and a beta of 0.61. The business has a fifty day simple moving average of $127.09 and a 200-day simple moving average of $136.88. Qualys, Inc. has a 52 week low of $112.61 and a 52 week high of $170.00.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, May 6th. The software maker reported $1.67 EPS for the quarter, beating the consensus estimate of $1.46 by $0.21. Qualys had a return on equity of 38.52% and a net margin of 28.59%. The company had revenue of $159.90 million during the quarter, compared to analysts’ expectations of $157.05 million. During the same quarter in the previous year, the business earned $1.45 EPS. The firm’s revenue was up 9.7% on a year-over-year basis. Sell-side analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on QLYS shares. Morgan Stanley cut their price objective on shares of Qualys from $120.00 to $90.00 and set an “underweight” rating for the company in a research report on Wednesday, April 16th. Northland Securities restated a “market perform” rating and set a $146.00 price target (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research report on Monday, February 10th. Loop Capital decreased their price objective on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th. Finally, Canaccord Genuity Group cut their target price on Qualys from $163.00 to $158.00 and set a “buy” rating for the company in a research note on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Qualys has a consensus rating of “Hold” and an average price target of $137.50.

Qualys Profile

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.