Oregon Public Employees Retirement Fund Decreases Stake in Qualys, Inc. (NASDAQ:QLYS)

Oregon Public Employees Retirement Fund decreased its position in Qualys, Inc. (NASDAQ:QLYS) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,440 shares of the software maker’s stock after selling 100 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Qualys were worth $1,043,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in Qualys by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock valued at $160,957,000 after buying an additional 20,038 shares during the last quarter. Boston Trust Walden Corp increased its stake in Qualys by 13.3% in the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock valued at $147,178,000 after buying an additional 123,530 shares during the last quarter. CDAM UK Ltd increased its stake in Qualys by 8.3% in the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after buying an additional 38,509 shares during the last quarter. Penserra Capital Management LLC increased its stake in Qualys by 8.3% in the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock valued at $48,043,000 after buying an additional 28,802 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in shares of Qualys by 1,386.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock valued at $49,876,000 after acquiring an additional 331,766 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. DA Davidson increased their target price on shares of Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a research report on Monday, February 10th. UBS Group increased their target price on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Canaccord Genuity Group reduced their target price on shares of Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Finally, Truist Financial increased their target price on shares of Qualys from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $146.57.

Insider Activity

In other news, insider Bruce K. Posey sold 8,555 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the sale, the insider now owns 64,032 shares in the company, valued at approximately $9,900,627.84. This trade represents a 11.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Joo Mi Kim sold 1,332 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $157.37, for a total transaction of $209,616.84. Following the sale, the chief financial officer now owns 113,652 shares in the company, valued at approximately $17,885,415.24. This trade represents a 1.16 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,813 shares of company stock worth $5,278,133. 1.00% of the stock is currently owned by corporate insiders.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $131.46 on Friday. The firm has a fifty day moving average price of $139.25 and a two-hundred day moving average price of $135.68. Qualys, Inc. has a one year low of $119.17 and a one year high of $174.31. The company has a market cap of $4.80 billion, a price-to-earnings ratio of 28.27 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data 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%. Equities research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

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.