1 week Ago By ABMN Staff
California Public Employees Retirement System trimmed its position in shares of Qualys, Inc. ( NASDAQ:QLYS – Free Report ) by 64.6% in the 4th quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 65,066 shares of the software maker’s stock after selling 118,693 shares during the quarter. California Public Employees Retirement System owned approximately 0.18% of Qualys worth $9,124,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in QLYS. Amalgamated Bank grew its holdings in shares of Qualys by 0.5% during the fourth quarter.
Amalgamated Bank now owns 16,640 shares of the software maker’s stock worth $2,333,000 after buying an additional 77 shares in the last quarter. HighTower Advisors LLC boosted its position in Qualys by 1.4% during the fourth quarter.
HighTower Advisors LLC now owns 5,749 shares of the software maker’s stock worth $806,000 after acquiring an additional 80 shares during the last quarter. Fifth Third Bancorp grew its stake in Qualys by 33.9% during the 4th quarter.
Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after acquiring an additional 99 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Qualys by 12.7% in the 4th quarter.
Nisa Investment Advisors LLC now owns 1,089 shares of the software maker’s stock valued at $153,000 after acquiring an additional 123 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Qualys by 2.
2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,035 shares of the software maker’s stock worth $846,000 after purchasing an additional 129 shares in the last quarter.
99.31% of the stock is owned by institutional investors and hedge funds. Insider Activity In related news, CEO Sumedh S.
Thakar sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total value of $941,430.
00. Following the sale, the chief executive officer now owns 225,453 shares of the company’s stock, valued at $30,321,173.97.
This trade represents a 3.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink .
Also, insider Bruce K. Posey sold 882 shares of Qualys stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $139.
66, for a total transaction of $123,180.12. Following the completion of the transaction, the insider now owns 62,295 shares of the company’s stock, valued at $8,700,119.
70. This represents a 1.40 % decrease in their position.
The disclosure for this sale can be found here . In the last quarter, insiders sold 24,960 shares of company stock worth $3,465,246. 1.
00% of the stock is currently owned by company insiders. Qualys Price Performance Qualys ( NASDAQ:QLYS – Get Free Report ) last announced its earnings results on Thursday, February 6th. The software maker reported $1.
19 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.16).
Qualys had a return on equity of 38.52% and a net margin of 28.59%.
Analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.
Analyst Ratings Changes A number of equities research analysts have recently issued reports on the company. StockNews.com cut Qualys from a “buy” rating to a “hold” rating in a report on Friday.
Canaccord Genuity Group cut their target price on Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, February 7th.
Loop Capital reduced their price target on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th.
Royal Bank of Canada dropped their price objective on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a report on Friday, February 7th.
Finally, Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Qualys presently has an average rating of “Hold” and an average price target of $144.
36. Read Our Latest Report on Qualys About Qualys ( Free Report ) 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.
See Also Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter ..
