Fox Run Management L.L.C. purchased a new stake in Qualys, Inc. (NASDAQ:QLYS – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 2,035 shares of the software maker’s stock, valued at approximately $285,000.
Other large investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. boosted its position in Qualys by 1,386.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock valued at $49,876,000 after purchasing an additional 331,766 shares in the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Qualys by 13.3% in the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock valued at $147,178,000 after buying an additional 123,530 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Qualys in the 4th quarter worth approximately $15,937,000. Barclays PLC raised its stake in shares of Qualys by 101.8% during the 3rd quarter. Barclays PLC now owns 112,214 shares of the software maker’s stock worth $14,415,000 after acquiring an additional 56,613 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in Qualys during the fourth quarter valued at approximately $4,699,000. 99.31% of the stock is owned by institutional investors.
Qualys Price Performance
NASDAQ:QLYS opened at $130.13 on Friday. The company has a 50 day moving average price of $135.54 and a 200-day moving average price of $136.24. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.20. The firm has a market cap of $4.75 billion, a price-to-earnings ratio of 27.99 and a beta of 0.56.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on QLYS. Royal Bank of Canada reduced their price target on Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Scotiabank dropped their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Northland Securities reaffirmed a “market perform” rating and issued a $146.00 price objective (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. Finally, Canaccord Genuity Group lowered their target price on shares of Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $146.14.
Check Out Our Latest Stock Report on QLYS
Insider Buying and Selling
In other news, insider Bruce K. Posey sold 882 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $139.66, for a total transaction of $123,180.12. Following the completion of the sale, the insider now owns 62,295 shares of the company’s stock, valued at $8,700,119.70. The trade was a 1.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total transaction of $941,430.00. Following the transaction, the chief executive officer now owns 225,453 shares of the company’s stock, valued at approximately $30,321,173.97. This trade represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,595 shares of company stock valued at $3,691,922. 1.00% of the stock is owned by corporate insiders.
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.
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