Aigen Investment Management LP Sells 1,205 Shares of Qualys, Inc. (NASDAQ:QLYS)

Aigen Investment Management LP lessened its position in shares of Qualys, Inc. (NASDAQ:QLYS) by 34.8% in the fourth quarter, HoldingsChannel reports. The fund owned 2,257 shares of the software maker’s stock after selling 1,205 shares during the period. Aigen Investment Management LP’s holdings in Qualys were worth $316,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in QLYS. Proficio Capital Partners LLC acquired a new stake in shares of Qualys in the fourth quarter valued at approximately $4,699,000. Atria Investments Inc raised its position in shares of Qualys by 5.0% in the fourth quarter. Atria Investments Inc now owns 4,214 shares of the software maker’s stock valued at $591,000 after buying an additional 199 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Qualys by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker’s stock valued at $64,016,000 after buying an additional 3,848 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Qualys in the fourth quarter valued at approximately $28,000. Finally, QRG Capital Management Inc. raised its position in shares of Qualys by 4.9% in the fourth quarter. QRG Capital Management Inc. now owns 4,049 shares of the software maker’s stock valued at $568,000 after buying an additional 189 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Qualys Stock Performance

Shares of NASDAQ:QLYS opened at $127.34 on Friday. The company has a fifty day moving average of $138.14 and a 200-day moving average of $135.97. The company has a market capitalization of $4.65 billion, a PE ratio of 27.39 and a beta of 0.56. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31.

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

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 855 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $142.24, for a total value of $121,615.20. Following the sale, the insider now owns 63,177 shares of the company’s stock, valued at $8,986,296.48. The trade was a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Joo Mi Kim sold 1,635 shares of the business’s 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 sale, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,926 shares of company stock worth $3,745,742. Corporate insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on QLYS shares. Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Loop Capital dropped their price target on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, February 7th. Royal Bank of Canada dropped their price target on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. StockNews.com downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Finally, Northland Securities restated a “market perform” rating and set a $146.00 price objective (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $146.57.

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.