California Public Employees Retirement System Has $37.89 Million Position in Qualys, Inc. (NASDAQ:QLYS)

California Public Employees Retirement System grew its holdings in Qualys, Inc. (NASDAQ:QLYS) by 172.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 193,056 shares of the software maker’s stock after purchasing an additional 122,168 shares during the quarter. California Public Employees Retirement System’s holdings in Qualys were worth $37,893,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. acquired a new position in Qualys in the fourth quarter worth $30,000. Blue Trust Inc. raised its position in shares of Qualys by 218.2% during the fourth quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock worth $41,000 after acquiring an additional 144 shares during the last quarter. Fifth Third Bancorp raised its position in shares of Qualys by 54.1% during the third quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock worth $43,000 after acquiring an additional 99 shares during the last quarter. Signaturefd LLC raised its position in shares of Qualys by 24.9% during the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock worth $57,000 after acquiring an additional 58 shares during the last quarter. Finally, CWM LLC raised its position in shares of Qualys by 353.8% during the third quarter. CWM LLC now owns 422 shares of the software maker’s stock worth $64,000 after acquiring an additional 329 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Transactions at Qualys

In other news, insider Bruce K. Posey sold 1,430 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the transaction, the insider now directly owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Bruce K. Posey sold 1,430 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the transaction, the insider now directly owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joo Mi Kim sold 723 shares of the company’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $164.76, for a total value of $119,121.48. Following the transaction, the chief financial officer now directly owns 100,289 shares of the company’s stock, valued at $16,523,615.64. The disclosure for this sale can be found here. Insiders sold 14,792 shares of company stock valued at $2,455,489 over the last three months. Company insiders own 1.20% of the company’s stock.

Qualys Price Performance

Shares of Qualys stock opened at $170.36 on Friday. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35. The business has a 50-day moving average of $166.44 and a two-hundred day moving average of $175.54. The company has a market capitalization of $6.29 billion, a P/E ratio of 42.17 and a beta of 0.51.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.26. The company had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. On average, equities analysts anticipate that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on QLYS shares. JPMorgan Chase & Co. boosted their target price on Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research report on Thursday, February 8th. StockNews.com downgraded Qualys from a “buy” rating to a “hold” rating in a research report on Sunday, April 21st. TD Cowen started coverage on Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price for the company. Stephens restated an “equal weight” rating and set a $190.00 target price on shares of Qualys in a research report on Thursday, February 8th. Finally, Royal Bank of Canada dropped their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a report on Thursday, February 8th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $154.57.

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.