New Age Alpha Advisors LLC Takes $1.15 Million Position in Qualys, Inc. (NASDAQ:QLYS)

New Age Alpha Advisors LLC acquired a new stake in Qualys, Inc. (NASDAQ:QLYS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,201 shares of the software maker’s stock, valued at approximately $1,150,000.

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

Analysts Set New Price Targets

A number of brokerages have recently commented on QLYS. Canaccord Genuity Group lowered their price objective on Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Scotiabank lowered their price target on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Jefferies Financial Group reduced their price objective on shares of Qualys from $145.00 to $130.00 and set a “hold” rating on the stock in a report on Monday. Royal Bank of Canada lowered their target price on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Finally, StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a report on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $144.36.

Qualys Stock Down 1.0 %

QLYS opened at $125.93 on Tuesday. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 27.08 and a beta of 0.56. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $174.20. The business’s 50 day moving average is $135.13 and its two-hundred day moving average is $136.49.

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

Insider Activity

In other news, insider Bruce K. Posey sold 524 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $129.38, for a total transaction of $67,795.12. Following the completion of the sale, the insider now owns 65,053 shares in the company, valued at $8,416,557.14. This represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Joo Mi Kim sold 1,635 shares of Qualys stock in a transaction on Monday, January 6th. The shares were 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 owns 112,017 shares in the company, valued at approximately $15,530,036.88. This trade represents a 1.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,595 shares of company stock valued at $3,691,922. Insiders own 1.00% of the company’s stock.

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.