New York State Teachers Retirement System Purchases 731 Shares of Qualys, Inc. (NASDAQ:QLYS)

New York State Teachers Retirement System raised its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,405 shares of the software maker’s stock after purchasing an additional 731 shares during the quarter. New York State Teachers Retirement System owned 0.07% of Qualys worth $4,790,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Qualys during the 4th quarter valued at about $30,000. Dark Forest Capital Management LP grew its stake in shares of Qualys by 58.2% during the 1st quarter. Dark Forest Capital Management LP now owns 242 shares of the software maker’s stock valued at $31,000 after purchasing an additional 89 shares during the period. Blue Trust Inc. grew its stake in shares of Qualys by 218.2% during the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock valued at $41,000 after purchasing an additional 144 shares during the period. Fifth Third Bancorp lifted its position in shares of Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock valued at $43,000 after buying an additional 99 shares in the last quarter. Finally, Fortis Capital Advisors LLC lifted its position in shares of Qualys by 3,000.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 341 shares of the software maker’s stock valued at $44,000 after buying an additional 330 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on QLYS. Royal Bank of Canada lowered their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 8th. Truist Financial lifted their price objective on Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research report on Tuesday, January 16th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. lifted their price objective on Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research report on Thursday, February 8th. Finally, TD Cowen began coverage on Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price objective on the stock. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $153.23.

Qualys Price Performance

Shares of QLYS opened at $166.15 on Friday. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 41.13 and a beta of 0.51. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35. The business’s 50 day simple moving average is $167.40 and its 200-day simple moving average is $174.92.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data 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 business had revenue of $144.57 million for the quarter, compared to analysts’ expectations of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. On average, sell-side analysts expect that Qualys, Inc. will post 3.35 earnings per share for the current year.

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 723 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $164.76, for a total transaction of $119,121.48. Following the sale, the chief financial officer now directly owns 100,289 shares of the company’s stock, valued at approximately $16,523,615.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Joo Mi Kim sold 723 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $164.76, for a total transaction of $119,121.48. Following the transaction, the chief financial officer now owns 100,289 shares of the company’s stock, valued at approximately $16,523,615.64. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $197.78, for a total value of $197,780.00. Following the transaction, the insider now directly owns 63,255 shares in the company, valued at approximately $12,510,573.90. The disclosure for this sale can be found here. Insiders have sold 15,320 shares of company stock valued at $2,711,608 in the last ninety days. Corporate insiders own 1.20% of the company’s stock.

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.