Penserra Capital Management LLC Has $62.85 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Penserra Capital Management LLC increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 53.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 499,084 shares of the software maker's stock after acquiring an additional 173,512 shares during the quarter. Qualys comprises approximately 1.1% of Penserra Capital Management LLC's portfolio, making the stock its 15th largest holding. Penserra Capital Management LLC owned about 1.37% of Qualys worth $62,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of QLYS. Principal Financial Group Inc. increased its stake in shares of Qualys by 1.1% during the first quarter. Principal Financial Group Inc. now owns 110,027 shares of the software maker's stock worth $13,856,000 after acquiring an additional 1,177 shares during the period. Tandem Investment Advisors Inc. boosted its holdings in Qualys by 24.4% during the first quarter. Tandem Investment Advisors Inc. now owns 41,370 shares of the software maker's stock worth $5,210,000 after buying an additional 8,120 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in Qualys by 153.3% during the first quarter. Teacher Retirement System of Texas now owns 43,710 shares of the software maker's stock worth $5,504,000 after buying an additional 26,452 shares in the last quarter. Novem Group boosted its holdings in Qualys by 35.0% during the first quarter. Novem Group now owns 7,008 shares of the software maker's stock worth $883,000 after buying an additional 1,817 shares in the last quarter. Finally, Verity Asset Management Inc. purchased a new stake in Qualys during the first quarter worth about $360,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Qualys

In other Qualys news, CFO Joo Mi Kim sold 787 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $148.23, for a total transaction of $116,657.01. Following the completion of the sale, the chief financial officer directly owned 99,288 shares of the company's stock, valued at approximately $14,717,460.24. The trade was a 0.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sumedh S. Thakar sold 12,000 shares of the company's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $149.25, for a total value of $1,791,000.00. Following the completion of the sale, the chief executive officer directly owned 217,962 shares of the company's stock, valued at approximately $32,530,828.50. This trade represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 44,897 shares of company stock valued at $6,180,153. 1.00% of the stock is owned by company insiders.

Qualys Price Performance

QLYS stock traded down $1.77 on Wednesday, reaching $146.01. 255,618 shares of the company were exchanged, compared to its average volume of 370,663. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00. The stock's fifty day moving average price is $138.10 and its 200 day moving average price is $134.57. The firm has a market capitalization of $5.30 billion, a PE ratio of 29.86 and a beta of 0.62.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.21. Qualys had a net margin of 29.19% and a return on equity of 38.05%. The firm had revenue of $159.90 million for the quarter, compared to the consensus estimate of $157.05 million. During the same quarter in the previous year, the company earned $1.45 earnings per share. The business's revenue was up 9.7% compared to the same quarter last year. As a group, research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

QLYS has been the topic of several recent research reports. Royal Bank Of Canada upped their price target on shares of Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Jefferies Financial Group reduced their price target on shares of Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a report on Monday, March 31st. Wall Street Zen raised shares of Qualys from a "hold" rating to a "buy" rating in a report on Sunday, June 22nd. Scotiabank set a $142.00 price target on shares of Qualys and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Finally, Morgan Stanley reduced their price target on shares of Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a report on Wednesday, April 16th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $137.50.

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.