Qualys, Inc. (NASDAQ:QLYS) Position Increased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 174.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,100 shares of the software maker’s stock after acquiring an additional 26,100 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned about 0.11% of Qualys worth $5,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of QLYS. Goldman Sachs Group Inc. raised its holdings in shares of Qualys by 121.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 360,294 shares of the software maker’s stock worth $70,719,000 after acquiring an additional 197,911 shares in the last quarter. Millennium Management LLC raised its holdings in Qualys by 100.7% during the second quarter. Millennium Management LLC now owns 367,470 shares of the software maker’s stock valued at $52,401,000 after buying an additional 184,403 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Qualys by 50.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 501,847 shares of the software maker’s stock valued at $83,743,000 after buying an additional 169,293 shares in the last quarter. Jupiter Asset Management Ltd. raised its holdings in Qualys by 169.7% during the first quarter. Jupiter Asset Management Ltd. now owns 245,522 shares of the software maker’s stock valued at $40,970,000 after buying an additional 154,492 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in Qualys by 95.7% during the second quarter. Acadian Asset Management LLC now owns 286,005 shares of the software maker’s stock valued at $40,771,000 after buying an additional 139,897 shares in the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Qualys Stock Up 1.0 %

QLYS stock opened at $127.13 on Friday. Qualys, Inc. has a twelve month low of $119.32 and a twelve month high of $206.35. The company has a market cap of $4.68 billion, a PE ratio of 29.43 and a beta of 0.46. The business’s 50-day simple moving average is $127.01 and its 200 day simple moving average is $142.83.

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

Wall Street Analyst Weigh In

QLYS has been the topic of several recent research reports. Northland Securities restated a “market perform” rating and set a $140.00 target price (down from $150.00) on shares of Qualys in a report on Wednesday, August 7th. Piper Sandler cut their target price on Qualys from $116.00 to $115.00 and set an “underweight” rating on the stock in a report on Wednesday, August 7th. Westpark Capital restated a “hold” rating on shares of Qualys in a report on Monday, August 5th. Scotiabank dropped their price objective on Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a research note on Wednesday, August 7th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $147.83.

Insider Buying and Selling

In other Qualys news, insider Bruce K. Posey sold 1,330 shares of Qualys stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $123.80, for a total transaction of $164,654.00. Following the sale, the insider now directly owns 55,618 shares of the company’s stock, valued at approximately $6,885,508.40. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Qualys news, insider Bruce K. Posey sold 1,339 shares of Qualys stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the sale, the insider now directly owns 58,947 shares of the company’s stock, valued at approximately $8,450,052.45. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bruce K. Posey sold 1,330 shares of Qualys stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $123.80, for a total value of $164,654.00. Following the sale, the insider now directly owns 55,618 shares in the company, valued at $6,885,508.40. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,901 shares of company stock valued at $1,517,251 over the last three months. 1.00% of the stock is 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.