State of Tennessee Treasury Department Buys 5,314 Shares of Qualys Inc (NASDAQ:QLYS)

State of Tennessee Treasury Department grew its stake in shares of Qualys Inc (NASDAQ:QLYS) by 22.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,347 shares of the software maker’s stock after buying an additional 5,314 shares during the quarter. State of Tennessee Treasury Department owned 0.07% of Qualys worth $2,218,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. BlackRock Inc. grew its stake in shares of Qualys by 1.6% during the second quarter. BlackRock Inc. now owns 5,081,901 shares of the software maker’s stock valued at $442,532,000 after buying an additional 82,375 shares during the last quarter. William Blair Investment Management LLC grew its stake in shares of Qualys by 75.8% during the second quarter. William Blair Investment Management LLC now owns 1,265,817 shares of the software maker’s stock valued at $110,227,000 after buying an additional 545,806 shares during the last quarter. DF Dent & Co. Inc. grew its stake in shares of Qualys by 1.5% during the second quarter. DF Dent & Co. Inc. now owns 627,134 shares of the software maker’s stock valued at $54,611,000 after buying an additional 9,072 shares during the last quarter. Northern Trust Corp grew its stake in shares of Qualys by 0.3% during the second quarter. Northern Trust Corp now owns 496,765 shares of the software maker’s stock valued at $43,258,000 after buying an additional 1,280 shares during the last quarter. Finally, Stephens Investment Management Group LLC grew its stake in shares of Qualys by 0.7% during the second quarter. Stephens Investment Management Group LLC now owns 479,632 shares of the software maker’s stock valued at $41,766,000 after buying an additional 3,432 shares during the last quarter. 84.52% of the stock is currently owned by hedge funds and other institutional investors.

In other Qualys news, CEO Philippe F. Courtot sold 57,461 shares of Qualys stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $84.21, for a total value of $4,838,790.81. Following the completion of the sale, the chief executive officer now owns 5,628,488 shares of the company’s stock, valued at approximately $473,974,974.48. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Philippe F. Courtot sold 96,806 shares of Qualys stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $85.35, for a total transaction of $8,262,392.10. Following the completion of the sale, the chief executive officer now directly owns 5,505,273 shares of the company’s stock, valued at approximately $469,875,050.55. The disclosure for this sale can be found here. In the last ninety days, insiders sold 164,142 shares of company stock valued at $13,875,877. 17.30% of the stock is currently owned by insiders.

Shares of QLYS opened at $83.74 on Friday. Qualys Inc has a one year low of $65.93 and a one year high of $97.12. The firm has a market capitalization of $3.27 billion, a PE ratio of 70.37 and a beta of 1.38. The company has a 50-day simple moving average of $78.83 and a two-hundred day simple moving average of $84.11.

Qualys (NASDAQ:QLYS) last posted its earnings results on Wednesday, October 30th. The software maker reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.13. Qualys had a net margin of 20.27% and a return on equity of 18.15%. The business had revenue of $82.70 million during the quarter, compared to the consensus estimate of $82.37 million. During the same quarter in the previous year, the firm posted $0.49 EPS. The firm’s revenue was up 15.3% on a year-over-year basis. Analysts anticipate that Qualys Inc will post 1.58 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on the company. Zacks Investment Research raised Qualys from a “hold” rating to a “strong-buy” rating and set a $97.00 target price on the stock in a research note on Wednesday. BidaskClub raised Qualys from a “sell” rating to a “hold” rating in a research note on Monday, October 28th. ValuEngine cut Qualys from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. Northland Securities set a $100.00 target price on Qualys and gave the stock a “buy” rating in a research note on Friday, September 13th. Finally, Robert W. Baird set a $100.00 target price on Qualys and gave the stock a “hold” rating in a research note on Sunday, September 15th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Qualys presently has an average rating of “Hold” and a consensus target price of $94.56.

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.

Further Reading: Percentage Decliners

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Institutional Ownership by Quarter for Qualys (NASDAQ:QLYS)

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