Teacher Retirement System of Texas Has $2.42 Million Stock Holdings in Qualys, Inc. (NASDAQ:QLYS)

Teacher Retirement System of Texas grew its stake in shares of Qualys, Inc. (NASDAQ:QLYS) by 151.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,258 shares of the software maker’s stock after buying an additional 10,387 shares during the quarter. Teacher Retirement System of Texas’ holdings in Qualys were worth $2,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. raised its stake in Qualys by 1,386.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock worth $49,876,000 after buying an additional 331,766 shares during the period. Boston Trust Walden Corp raised its position in shares of Qualys by 13.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after purchasing an additional 123,530 shares during the period. Raymond James Financial Inc. bought a new position in shares of Qualys in the 4th quarter worth $15,937,000. Barclays PLC grew its position in Qualys by 101.8% in the 3rd quarter. Barclays PLC now owns 112,214 shares of the software maker’s stock valued at $14,415,000 after purchasing an additional 56,613 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in Qualys during the 4th quarter valued at $4,699,000. Institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

Shares of QLYS stock opened at $129.06 on Thursday. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 27.75 and a beta of 0.56. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $174.20. The firm’s 50-day simple moving average is $135.67 and its two-hundred day simple moving average is $136.29.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 38.52% and a net margin of 28.59%. Analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

Insider Activity

In other news, CFO Joo Mi Kim sold 1,635 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $138.64, for a total value of $226,676.40. Following the sale, the chief financial officer now owns 112,017 shares of the company’s stock, valued at $15,530,036.88. The trade was a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Bruce K. Posey sold 524 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $129.38, for a total transaction of $67,795.12. Following the completion of the transaction, the insider now directly owns 65,053 shares of the company’s stock, valued at approximately $8,416,557.14. This trade represents a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,595 shares of company stock valued at $3,691,922 in the last 90 days. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

QLYS has been the subject of a number of analyst reports. Canaccord Genuity Group reduced their price objective on shares of Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a report on Friday, February 7th. Loop Capital cut their price target on Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research note on Friday, February 7th. Northland Securities restated a “market perform” rating and issued a $146.00 target price (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Finally, Royal Bank of Canada lowered their price target on Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Qualys currently has a consensus rating of “Hold” and a consensus price target of $146.14.

Qualys 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.