Ontario Teachers Pension Plan Board Has $1.01 Million Stake in Qualys, Inc. (NASDAQ:QLYS)

Ontario Teachers Pension Plan Board trimmed its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 45.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,172 shares of the software maker's stock after selling 5,964 shares during the period. Ontario Teachers Pension Plan Board's holdings in Qualys were worth $1,006,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in QLYS. SBI Securities Co. Ltd. acquired a new stake in shares of Qualys during the 4th quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Qualys in the fourth quarter valued at about $39,000. Quadrant Capital Group LLC increased its position in Qualys by 88.1% during the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker's stock worth $47,000 after purchasing an additional 156 shares during the period. Fifth Third Bancorp grew its stake in shares of Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after purchasing an additional 99 shares during the period. Finally, Mendota Financial Group LLC acquired a new stake in shares of Qualys during the 4th quarter valued at approximately $91,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Price Performance

QLYS traded up $1.49 during trading on Tuesday, hitting $118.72. The company had a trading volume of 27,397 shares, compared to its average volume of 395,584. The company has a market cap of $4.33 billion, a PE ratio of 25.51 and a beta of 0.71. The business has a 50-day moving average of $128.47 and a 200-day moving average of $135.95. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $174.20.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings data 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%. Research analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $142.17, for a total value of $995,190.00. Following the transaction, the chief executive officer now owns 246,144 shares of the company's stock, valued at approximately $34,994,292.48. This trade represents a 2.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Joo Mi Kim sold 4,487 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $140.00, for a total transaction of $628,180.00. Following the completion of the transaction, the chief financial officer now owns 112,757 shares of the company's stock, valued at approximately $15,785,980. The trade was a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,598 shares of company stock valued at $3,456,325 over the last three months. Company insiders own 1.00% of the company's stock.

Analyst Ratings Changes

QLYS has been the subject of several recent research reports. StockNews.com raised Qualys from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. Royal Bank of Canada cut their price objective on shares of Qualys from $162.00 to $135.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. Needham & Company LLC reissued a "hold" rating on shares of Qualys in a research report on Monday, February 10th. Jefferies Financial Group dropped their price target on shares of Qualys from $145.00 to $130.00 and set a "hold" rating for the company in a research report on Monday, March 31st. Finally, Canaccord Genuity Group cut their target price on Qualys from $170.00 to $163.00 and set a "buy" rating on the stock 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 issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $142.21.

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.