8,201 Shares in Qualys, Inc. (NASDAQ:QLYS) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new stake in Qualys, Inc. (NASDAQ:QLYS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,201 shares of the software maker’s stock, valued at approximately $1,150,000.

Several other hedge funds have also bought and sold shares of QLYS. SBI Securities Co. Ltd. acquired a new position in shares of Qualys in the 4th quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new position in Qualys in the fourth quarter valued at $39,000. Fifth Third Bancorp raised its position in shares of Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after acquiring an additional 99 shares during the period. Quarry LP boosted its stake in shares of Qualys by 56.2% during the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after acquiring an additional 158 shares in the last quarter. Finally, Mendota Financial Group LLC purchased a new position in shares of Qualys in the 4th quarter valued at about $91,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on QLYS. Scotiabank lowered their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Morgan Stanley began coverage on shares of Qualys in a research note on Tuesday, March 18th. They issued an “underweight” rating and a $120.00 price target on the stock. StockNews.com upgraded shares of Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Northland Securities reissued a “market perform” rating and set a $146.00 target price (down previously from $150.00) on shares of Qualys in a research note on Monday, February 10th. Finally, Loop Capital decreased their price target on shares of Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $144.36.

Insider Activity

In other news, CFO Joo Mi Kim sold 1,635 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $138.64, for a total transaction of $226,676.40. Following the completion of the transaction, the chief financial officer now directly owns 112,017 shares in the company, valued at approximately $15,530,036.88. This represents a 1.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total transaction of $941,430.00. Following the completion of the sale, the chief executive officer now owns 225,453 shares in the company, valued at approximately $30,321,173.97. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,595 shares of company stock valued at $3,691,922. 1.00% of the stock is currently owned by company insiders.

Qualys Stock Down 1.0 %

Shares of NASDAQ:QLYS opened at $125.93 on Tuesday. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.20. The stock has a market cap of $4.59 billion, a P/E ratio of 27.08 and a beta of 0.56. The business has a fifty day moving average of $135.13 and a two-hundred day moving average of $136.49.

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

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.