Texas Permanent School Fund Corp Has $4.42 Million Position in Qualys, Inc. (NASDAQ:QLYS)

Texas Permanent School Fund Corp trimmed its position in Qualys, Inc. (NASDAQ:QLYS) by 3.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,984 shares of the software maker’s stock after selling 1,210 shares during the quarter. Texas Permanent School Fund Corp owned 0.08% of Qualys worth $4,418,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in QLYS. Principal Securities Inc. bought a new stake in Qualys in the 4th quarter valued at about $129,000. QRG Capital Management Inc. grew its position in Qualys by 5.5% during the fourth quarter. QRG Capital Management Inc. now owns 4,312 shares of the software maker’s stock worth $846,000 after buying an additional 226 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Qualys by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker’s stock worth $145,095,000 after acquiring an additional 21,439 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in Qualys by 5.3% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,004 shares of the software maker’s stock valued at $982,000 after acquiring an additional 250 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Qualys by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 151,120 shares of the software maker’s stock valued at $29,662,000 after acquiring an additional 4,532 shares during the period. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling

In other Qualys news, insider Bruce K. Posey sold 1,330 shares of the stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $135.14, for a total transaction of $179,736.20. Following the completion of the sale, the insider now owns 59,286 shares of the company’s stock, valued at approximately $8,011,910.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Qualys news, insider Bruce K. Posey sold 1,330 shares of the company’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $135.14, for a total transaction of $179,736.20. Following the sale, the insider now owns 59,286 shares of the company’s stock, valued at $8,011,910.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joo Mi Kim sold 616 shares of Qualys stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $123.54, for a total value of $76,100.64. Following the completion of the transaction, the chief financial officer now directly owns 86,576 shares of the company’s stock, valued at $10,695,599.04. The disclosure for this sale can be found here. Insiders have sold a total of 11,535 shares of company stock valued at $1,624,105 over the last ninety days. 1.00% of the stock is owned by company insiders.

Qualys Stock Performance

QLYS stock opened at $126.22 on Friday. The company has a market capitalization of $4.65 billion, a P/E ratio of 29.22 and a beta of 0.46. The company has a fifty day moving average price of $132.72 and a 200-day moving average price of $147.69. Qualys, Inc. has a 52-week low of $119.32 and a 52-week high of $206.35.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.20. The business had revenue of $148.70 million during the quarter, compared to analyst estimates of $148.80 million. Qualys had a return on equity of 44.80% and a net margin of 29.36%. Qualys’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the company earned $0.95 EPS. As a group, sell-side analysts forecast that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

QLYS has been the topic of a number of recent analyst reports. Scotiabank decreased their price target on Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th. TD Cowen dropped their target price on shares of Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. UBS Group decreased their price objective on shares of Qualys from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. Westpark Capital restated a “hold” rating on shares of Qualys in a research note on Monday, August 5th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a research note on Wednesday, August 7th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $147.83.

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.