Teachers Advisors LLC increased its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 1.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,333 shares of the company’s stock after buying an additional 866 shares during the period. Teachers Advisors LLC owned about 0.20% of Qualys worth $2,762,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in QLYS. Teacher Retirement System of Texas increased its position in shares of Qualys by 30.7% in the second quarter. Teacher Retirement System of Texas now owns 3,846 shares of the company’s stock worth $115,000 after buying an additional 904 shares during the last quarter. DIAM Co. Ltd. acquired a new position in shares of Qualys during the third quarter valued at $136,000. Royal Bank of Canada increased its position in shares of Qualys by 22.1% in the second quarter. Royal Bank of Canada now owns 4,632 shares of the company’s stock valued at $138,000 after buying an additional 838 shares during the last quarter. Mason Street Advisors LLC acquired a new position in shares of Qualys during the second quarter valued at $142,000. Finally, KCG Holdings Inc. acquired a new position in shares of Qualys during the second quarter valued at $201,000. 71.25% of the stock is owned by institutional investors.
Shares of Qualys, Inc. (NASDAQ:QLYS) traded up 0.56% during mid-day trading on Friday, hitting $35.85. The company had a trading volume of 145,960 shares. The firm has a market capitalization of $1.28 billion, a P/E ratio of 71.70 and a beta of 0.97. The firm has a 50-day moving average price of $33.29 and a 200 day moving average price of $34.45. Qualys, Inc. has a 12 month low of $16.96 and a 12 month high of $39.67.
Qualys (NASDAQ:QLYS) last announced its earnings results on Thursday, November 3rd. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. Qualys had a return on equity of 8.79% and a net margin of 9.86%. The company had revenue of $51 million for the quarter, compared to the consensus estimate of $50.74 million. During the same period last year, the business posted $0.19 EPS. The company’s revenue was up 20.1% on a year-over-year basis. On average, equities research analysts forecast that Qualys, Inc. will post $0.81 earnings per share for the current fiscal year.
QLYS has been the subject of several research analyst reports. Wells Fargo & Company initiated coverage on Qualys in a research note on Wednesday, January 11th. They set a “market perform” rating for the company. Pacific Crest reaffirmed a “hold” rating on shares of Qualys in a research note on Friday, November 4th. Zacks Investment Research raised Qualys from a “hold” rating to a “strong-buy” rating and set a $41.00 target price for the company in a research note on Thursday, November 10th. DA Davidson reaffirmed a “buy” rating and set a $43.00 target price (down from $47.00) on shares of Qualys in a research note on Wednesday, December 21st. Finally, Northland Securities initiated coverage on Qualys in a research note on Wednesday. They set an “outperform” rating and a $42.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $35.92.
In other Qualys news, VP Amer Deeba sold 1,800 shares of Qualys stock in a transaction that occurred on Wednesday, December 7th. The stock was sold at an average price of $33.10, for a total value of $59,580.00. Following the transaction, the vice president now directly owns 59,638 shares in the company, valued at approximately $1,974,017.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sumedh S. Thakar sold 1,600 shares of Qualys stock in a transaction that occurred on Monday, January 9th. The shares were sold at an average price of $32.98, for a total value of $52,768.00. Following the completion of the transaction, the insider now owns 53,619 shares in the company, valued at $1,768,354.62. The disclosure for this sale can be found here. Insiders sold a total of 9,200 shares of company stock worth $312,786 over the last quarter. Company insiders own 30.20% of the company’s stock.
Qualys Company Profile
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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