Nisa Investment Advisors LLC Buys 400 Shares of Qualys, Inc. (NASDAQ:QLYS)

Nisa Investment Advisors LLC lifted its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 31.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,682 shares of the software maker’s stock after acquiring an additional 400 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Qualys were worth $330,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New York State Teachers Retirement System increased its stake in shares of Qualys by 3.1% during the fourth quarter. New York State Teachers Retirement System now owns 24,405 shares of the software maker’s stock valued at $4,790,000 after buying an additional 731 shares during the period. Cullinan Associates Inc. bought a new position in Qualys during the 4th quarter worth about $11,400,000. Arkadios Wealth Advisors increased its position in Qualys by 64.0% during the 4th quarter. Arkadios Wealth Advisors now owns 5,016 shares of the software maker’s stock valued at $985,000 after purchasing an additional 1,958 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Qualys by 201,932.8% in the 4th quarter. International Assets Investment Management LLC now owns 117,179 shares of the software maker’s stock valued at $23,000,000 after purchasing an additional 117,121 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its position in shares of Qualys by 2.2% in the 4th quarter. Financial Enhancement Group LLC now owns 13,169 shares of the software maker’s stock worth $2,549,000 after purchasing an additional 284 shares during the period. Institutional investors own 99.31% of the company’s stock.

Qualys Trading Up 0.1 %

Shares of Qualys stock opened at $162.84 on Friday. The firm’s 50 day simple moving average is $166.61 and its two-hundred day simple moving average is $175.05. The firm has a market capitalization of $6.02 billion, a price-to-earnings ratio of 40.31 and a beta of 0.51. Qualys, Inc. has a 12-month low of $107.00 and a 12-month high of $206.35.

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, beating the consensus estimate of $0.82 by $0.26. The firm had revenue of $144.57 million for 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, sell-side analysts predict that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on QLYS shares. TD Cowen started coverage on shares of Qualys in a report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price objective on the stock. JPMorgan Chase & Co. lifted their price target on Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a report on Thursday, February 8th. Royal Bank of Canada decreased their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research note on Thursday, February 8th. Stephens reiterated an “equal weight” rating and issued a $190.00 target price on shares of Qualys in a research note on Thursday, February 8th. Finally, Truist Financial increased their price target on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research report on Tuesday, January 16th. Four analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $153.23.

Insider Activity

In related news, CEO Sumedh S. Thakar sold 4,120 shares of Qualys stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $167.62, for a total transaction of $690,594.40. Following the completion of the sale, the chief executive officer now owns 194,481 shares of the company’s stock, valued at $32,598,905.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Sumedh S. Thakar sold 4,120 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $167.62, for a total transaction of $690,594.40. Following the completion of the transaction, the chief executive officer now owns 194,481 shares of the company’s stock, valued at $32,598,905.22. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 4,034 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $163.96, for a total transaction of $661,414.64. Following the completion of the sale, the chief executive officer now directly owns 193,608 shares in the company, valued at $31,743,967.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,349 shares of company stock valued at $2,411,812. Company 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.