New York State Common Retirement Fund Has $3.74 Million Stake in Qualys, Inc. (NASDAQ:QLYS)

New York State Common Retirement Fund boosted its position in Qualys, Inc. (NASDAQ:QLYS) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,037 shares of the software maker’s stock after buying an additional 313 shares during the period. New York State Common Retirement Fund owned approximately 0.05% of Qualys worth $3,737,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Commonwealth Equity Services LLC boosted its holdings in Qualys by 13.9% in the third quarter. Commonwealth Equity Services LLC now owns 3,705 shares of the software maker’s stock worth $565,000 after acquiring an additional 452 shares in the last quarter. Xponance Inc. boosted its holdings in Qualys by 1.7% in the third quarter. Xponance Inc. now owns 6,266 shares of the software maker’s stock worth $956,000 after acquiring an additional 103 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Qualys by 2.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,410 shares of the software maker’s stock worth $4,944,000 after acquiring an additional 802 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of Qualys in the third quarter valued at approximately $366,000. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Qualys by 6.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 10,306 shares of the software maker’s stock valued at $1,572,000 after purchasing an additional 618 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on QLYS shares. Truist Financial raised their target price on Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, January 16th. StockNews.com lowered Qualys from a “buy” rating to a “hold” rating in a report on Sunday, April 21st. TD Cowen started coverage on Qualys in a report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price on the stock. Royal Bank of Canada dropped their target price on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a report on Thursday, February 8th. Finally, Scotiabank started coverage on Qualys in a report on Friday, April 26th. They issued a “sector perform” rating and a $172.00 target price on the stock. Four investment 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, Qualys has an average rating of “Hold” and an average price target of $157.62.

Insiders Place Their Bets

In other Qualys news, insider Bruce K. Posey sold 1,443 shares of the firm’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the sale, the insider now directly owns 62,614 shares of the company’s stock, valued at $10,477,200.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Sumedh S. Thakar sold 4,034 shares of Qualys stock in a transaction on Monday, April 15th. The stock was sold at an average price of $163.96, for a total value of $661,414.64. Following the completion of the transaction, the chief executive officer now directly owns 193,608 shares in the company, valued at $31,743,967.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bruce K. Posey sold 1,443 shares of Qualys stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the transaction, the insider now owns 62,614 shares of the company’s stock, valued at $10,477,200.62. The disclosure for this sale can be found here. Insiders sold 13,662 shares of company stock valued at $2,263,965 over the last ninety days. 1.20% of the stock is currently owned by insiders.

Qualys Price Performance

NASDAQ:QLYS opened at $165.37 on Monday. The business has a fifty day simple moving average of $166.86 and a two-hundred day simple moving average of $175.92. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35. The company has a market capitalization of $6.11 billion, a P/E ratio of 40.93 and a beta of 0.51.

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

Qualys Company 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.