Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Qualys Inc (NASDAQ:QLYS) during the second quarter, HoldingsChannel reports. The firm purchased 6,926 shares of the software maker’s stock, valued at approximately $584,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sit Investment Associates Inc. grew its stake in Qualys by 109.9% in the 2nd quarter. Sit Investment Associates Inc. now owns 19,675 shares of the software maker’s stock valued at $1,659,000 after buying an additional 10,300 shares during the last quarter. Principal Financial Group Inc. grew its stake in Qualys by 4.3% in the 1st quarter. Principal Financial Group Inc. now owns 267,507 shares of the software maker’s stock valued at $19,461,000 after buying an additional 10,924 shares during the last quarter. American Capital Management Inc. grew its stake in Qualys by 2.8% in the 2nd quarter. American Capital Management Inc. now owns 219,193 shares of the software maker’s stock valued at $18,478,000 after buying an additional 6,030 shares during the last quarter. US Bancorp DE grew its stake in Qualys by 169.0% in the 1st quarter. US Bancorp DE now owns 11,794 shares of the software maker’s stock valued at $859,000 after buying an additional 7,410 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Qualys by 10.2% in the 1st quarter. JPMorgan Chase & Co. now owns 232,014 shares of the software maker’s stock valued at $16,879,000 after buying an additional 21,492 shares during the last quarter. Institutional investors and hedge funds own 82.13% of the company’s stock.

NASDAQ QLYS opened at $89.05 on Friday. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 98.94, a price-to-earnings-growth ratio of 13.26 and a beta of 0.91. Qualys Inc has a 12-month low of $45.15 and a 12-month high of $98.30.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, July 31st. The software maker reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.05. The firm had revenue of $68.15 million during the quarter, compared to the consensus estimate of $67.13 million. Qualys had a net margin of 12.04% and a return on equity of 12.70%. equities research analysts expect that Qualys Inc will post 0.86 earnings per share for the current fiscal year.

A number of research analysts recently commented on the stock. First Analysis upgraded shares of Qualys from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $82.00 to $110.00 in a research note on Thursday, June 14th. Susquehanna Bancshares upped their price target on shares of Qualys from $65.00 to $76.00 and gave the company a “neutral” rating in a research note on Wednesday, August 1st. BidaskClub lowered shares of Qualys from a “buy” rating to a “hold” rating in a research note on Tuesday, May 8th. JPMorgan Chase & Co. upped their price target on shares of Qualys to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, August 1st. Finally, Zacks Investment Research upgraded shares of Qualys from a “strong sell” rating to a “strong-buy” rating and set a $99.00 price target on the stock in a research note on Wednesday, July 4th. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $84.93.

In other Qualys news, Chairman Philippe F. Courtot sold 60,000 shares of the business’s stock in a transaction dated Monday, August 13th. The shares were sold at an average price of $87.92, for a total value of $5,275,200.00. Following the completion of the sale, the chairman now owns 5,458,092 shares of the company’s stock, valued at approximately $479,875,448.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Philippe F. Courtot sold 31,927 shares of the business’s stock in a transaction dated Friday, August 17th. The shares were sold at an average price of $85.31, for a total transaction of $2,723,692.37. Following the completion of the sale, the chairman now directly owns 5,458,092 shares of the company’s stock, valued at approximately $465,629,828.52. The disclosure for this sale can be found here. Insiders sold a total of 280,973 shares of company stock valued at $24,345,577 in the last three months. Insiders own 18.60% of the company’s stock.

Qualys Company Profile

Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.

Read More: Hedge Funds

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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