Healthcare of Ontario Pension Plan Trust Fund Acquires Shares of 15,000 Qualys, Inc. (NASDAQ:QLYS)

Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Qualys, Inc. (NASDAQ:QLYS) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 15,000 shares of the software maker’s stock, valued at approximately $2,503,000.

Several other institutional investors have also modified their holdings of QLYS. Vanguard Group Inc. grew its stake in Qualys by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker’s stock valued at $640,748,000 after purchasing an additional 83,504 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Qualys by 3.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker’s stock worth $145,095,000 after buying an additional 21,439 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Qualys by 50.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 501,847 shares of the software maker’s stock worth $83,743,000 after buying an additional 169,293 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Qualys by 121.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 360,294 shares of the software maker’s stock valued at $70,719,000 after acquiring an additional 197,911 shares in the last quarter. Finally, Jupiter Asset Management Ltd. boosted its stake in Qualys by 169.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 245,522 shares of the software maker’s stock valued at $40,970,000 after acquiring an additional 154,492 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Transactions at Qualys

In related news, CFO Joo Mi Kim sold 616 shares of Qualys stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $135.56, for a total value of $83,504.96. Following the transaction, the chief financial officer now owns 92,580 shares in the company, valued at approximately $12,550,144.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Joo Mi Kim sold 616 shares of the stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $135.56, for a total transaction of $83,504.96. Following the completion of the sale, the chief financial officer now owns 92,580 shares in the company, valued at approximately $12,550,144.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $136.78, for a total value of $957,460.00. Following the completion of the sale, the chief executive officer now directly owns 186,601 shares in the company, valued at approximately $25,523,284.78. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,027 shares of company stock worth $4,216,326. 1.00% of the stock is owned by insiders.

Qualys Stock Up 1.9 %

NASDAQ QLYS opened at $144.46 on Friday. The stock has a market capitalization of $5.34 billion, a PE ratio of 33.44 and a beta of 0.49. Qualys, Inc. has a 12-month low of $131.07 and a 12-month high of $206.35. The company has a 50 day moving average price of $141.21 and a two-hundred day moving average price of $160.88.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, May 7th. The software maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.17. The business had revenue of $145.81 million for the quarter, compared to analyst estimates of $145.67 million. Qualys had a return on equity of 47.28% and a net margin of 28.48%. As a group, equities analysts anticipate that Qualys, Inc. will post 3.42 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on QLYS. Robert W. Baird dropped their target price on shares of Qualys from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Wednesday, May 8th. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a report on Monday, May 13th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a report on Friday. Truist Financial lowered their price target on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, May 8th. Finally, Scotiabank assumed coverage on Qualys in a research note on Friday, April 26th. They set a “sector perform” rating and a $172.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Qualys currently has an average rating of “Hold” and a consensus price target of $164.50.

Qualys 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.