Caisse DE Depot ET Placement DU Quebec Acquires New Position in Qualys, Inc. (NASDAQ:QLYS)

Caisse DE Depot ET Placement DU Quebec purchased a new stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,281 shares of the software maker's stock, valued at approximately $2,991,000. Caisse DE Depot ET Placement DU Quebec owned about 0.06% of Qualys at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in QLYS. Boston Trust Walden Corp grew its holdings in shares of Qualys by 14.5% in the third quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker's stock valued at $118,966,000 after purchasing an additional 117,079 shares in the last quarter. CDAM UK Ltd increased its holdings in shares of 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. Renaissance Technologies LLC raised its position in shares of Qualys by 15.3% during the 2nd quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker's stock valued at $67,607,000 after buying an additional 63,000 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Qualys by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker's stock valued at $62,663,000 after acquiring an additional 3,357 shares during the last quarter. Finally, Penserra Capital Management LLC grew its position in Qualys by 8.3% in the third quarter. Penserra Capital Management LLC now owns 373,995 shares of the software maker's stock worth $48,043,000 after acquiring an additional 28,802 shares in the last quarter. Institutional investors own 99.31% of the company's stock.

Insider Buying and Selling at Qualys

In other news, CFO Joo Mi Kim sold 616 shares of the firm's stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $123.54, for a total value of $76,100.64. Following the sale, the chief financial officer now directly owns 86,576 shares in the company, valued at approximately $10,695,599.04. This trade represents a 0.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bruce K. Posey sold 1,330 shares of the business's 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 transaction, the insider now owns 55,618 shares of the company's stock, valued at approximately $6,885,508.40. This trade represents a 2.34 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,474 shares of company stock valued at $4,315,774. 1.00% of the stock is currently owned by corporate insiders.

Qualys Stock Up 1.3 %

Shares of QLYS stock traded up $2.02 on Tuesday, hitting $157.61. The stock had a trading volume of 221,442 shares, compared to its average volume of 440,904. Qualys, Inc. has a one year low of $119.17 and a one year high of $206.35. The business has a 50 day moving average price of $135.57 and a 200 day moving average price of $135.00. The company has a market cap of $5.77 billion, a PE ratio of 34.72 and a beta of 0.54.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, beating the consensus estimate of $1.33 by $0.23. The business had revenue of $153.87 million during the quarter, compared to analyst estimates of $150.74 million. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The company's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.24 EPS. Equities research analysts expect that Qualys, Inc. will post 4.34 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Piper Sandler decreased their price objective on Qualys from $116.00 to $115.00 and set an "underweight" rating on the stock in a research report on Wednesday, August 7th. Truist Financial increased their price target on Qualys from $120.00 to $145.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. Wolfe Research raised shares of Qualys from an "underperform" rating to a "peer perform" rating in a research note on Monday, November 11th. TD Cowen increased their target price on shares of Qualys from $130.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, November 6th. Finally, UBS Group lifted their price target on shares of Qualys from $140.00 to $160.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Qualys currently has an average rating of "Hold" and a consensus target price of $152.80.

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.