Qualys, Inc. (NASDAQ:QLYS) Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its stake in Qualys, Inc. (NASDAQ:QLYS) by 84.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,580 shares of the software maker’s stock after acquiring an additional 5,756 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Qualys were worth $1,764,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in shares of Qualys by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock worth $160,957,000 after purchasing an additional 20,038 shares in the last quarter. Boston Trust Walden Corp boosted its holdings in Qualys by 13.3% in the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after buying an additional 123,530 shares during the last quarter. CDAM UK Ltd boosted its holdings in Qualys by 8.3% in the 3rd quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock worth $64,604,000 after buying an additional 38,509 shares during the last quarter. Penserra Capital Management LLC increased its stake in Qualys by 8.3% during the 3rd quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker’s stock worth $48,043,000 after buying an additional 28,802 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Qualys by 1,386.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock valued at $49,876,000 after acquiring an additional 331,766 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Up 0.3 %

Shares of NASDAQ QLYS opened at $131.46 on Friday. The business’s 50 day moving average is $139.43 and its two-hundred day moving average is $135.61. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31. The firm has a market cap of $4.80 billion, a price-to-earnings ratio of 28.27 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. Analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the subject of a number of research reports. Northland Securities reaffirmed a “market perform” rating and set a $146.00 target price (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a report on Monday, November 11th. Loop Capital lowered their target price on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th. Finally, DA Davidson increased their price target on Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $146.57.

Insider Transactions at Qualys

In other Qualys news, CFO Joo Mi Kim sold 1,635 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $138.64, for a total value of $226,676.40. Following the completion of the transaction, the chief financial officer now owns 112,017 shares in the company, valued at $15,530,036.88. The trade was a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Bruce K. Posey sold 8,555 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $154.62, for a total value of $1,322,774.10. Following the completion of the sale, the insider now owns 64,032 shares in the company, valued at approximately $9,900,627.84. The trade was a 11.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,813 shares of company stock valued at $5,278,133. 1.00% of the stock is currently owned by corporate insiders.

About Qualys

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.