California Public Employees Retirement System increased its holdings in shares of Qualys Inc (NASDAQ:QLYS) by 66.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 51,647 shares of the software maker’s stock after purchasing an additional 20,706 shares during the period. California Public Employees Retirement System owned approximately 0.13% of Qualys worth $4,354,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of QLYS. Congress Asset Management Co. MA bought a new stake in shares of Qualys in the 2nd quarter valued at approximately $70,892,000. BlackRock Inc. grew its position in Qualys by 11.3% during the 2nd quarter. BlackRock Inc. now owns 4,625,019 shares of the software maker’s stock worth $389,891,000 after acquiring an additional 468,437 shares during the last quarter. Legal & General Group Plc grew its position in Qualys by 413.6% during the 1st quarter. Legal & General Group Plc now owns 328,559 shares of the software maker’s stock worth $23,867,000 after acquiring an additional 264,587 shares during the last quarter. Redwood Investments LLC bought a new stake in Qualys during the 1st quarter worth approximately $9,946,000. Finally, First Trust Advisors LP grew its position in Qualys by 52.4% during the 2nd quarter. First Trust Advisors LP now owns 310,684 shares of the software maker’s stock worth $26,191,000 after acquiring an additional 106,767 shares during the last quarter. 82.28% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts recently commented on QLYS shares. BidaskClub upgraded Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, September 12th. First Analysis set a $112.00 price objective on Qualys and gave the company a “buy” rating in a research report on Monday, September 10th. ValuEngine lowered Qualys from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, September 4th. Monness Crespi & Hardt decreased their price objective on Qualys from $100.00 to $95.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. Finally, Morgan Stanley increased their price objective on Qualys from $81.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Qualys has a consensus rating of “Buy” and a consensus target price of $86.71.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, October 30th. The software maker reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.11. The business had revenue of $71.70 million for the quarter, compared to the consensus estimate of $71.22 million. Qualys had a return on equity of 14.18% and a net margin of 17.10%. The firm’s revenue was up 20.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.31 EPS. Equities research analysts predict that Qualys Inc will post 1.07 EPS for the current fiscal year.
In other Qualys news, CFO Melissa B. Fisher sold 1,500 shares of the stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $72.39, for a total transaction of $108,585.00. Following the completion of the transaction, the chief financial officer now owns 159,001 shares in the company, valued at approximately $11,510,082.39. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Bruce K. Posey sold 2,000 shares of the stock in a transaction dated Monday, September 10th. The stock was sold at an average price of $92.10, for a total value of $184,200.00. Following the transaction, the vice president now owns 37,548 shares of the company’s stock, valued at approximately $3,458,170.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 158,077 shares of company stock valued at $13,641,949. Corporate insiders own 18.60% of the company’s stock.
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Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
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