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

New Age Alpha Advisors LLC acquired a new stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,201 shares of the software maker's stock, valued at approximately $1,150,000.

A number of other large investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new stake in Qualys during the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Qualys during the fourth quarter valued at approximately $39,000. Fifth Third Bancorp raised its position 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. Quarry LP lifted its holdings in shares of Qualys by 56.2% in the 3rd quarter. Quarry LP now owns 439 shares of the software maker's stock worth $56,000 after purchasing an additional 158 shares during the last quarter. Finally, Mendota Financial Group LLC acquired a new position in Qualys during the 4th quarter valued at approximately $91,000. Institutional investors own 99.31% of the company's stock.

Insider Buying and Selling

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the company's stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total value 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 represents a 3.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bruce K. Posey sold 524 shares of the business's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $129.38, for a total transaction of $67,795.12. Following the sale, the insider now directly owns 65,053 shares in the company, valued at approximately $8,416,557.14. This trade represents a 0.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,595 shares of company stock worth $3,691,922 in the last three months. 1.00% of the stock is currently owned by insiders.

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Qualys Stock Down 3.8 %

Qualys stock traded down $4.68 during midday trading on Friday, hitting $118.59. The company's stock had a trading volume of 542,215 shares, compared to its average volume of 396,454. Qualys, Inc. has a 12 month low of $116.67 and a 12 month high of $174.20. The company has a market capitalization of $4.33 billion, a PE ratio of 25.50 and a beta of 0.71. The stock's 50-day moving average price is $133.80 and its 200-day moving average price is $136.39.

Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results 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%. As a group, equities analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Wall Street Analyst Weigh In

QLYS has been the topic of several analyst reports. Morgan Stanley began coverage on Qualys in a research report on Tuesday, March 18th. They issued an "underweight" rating and a $120.00 target price on the stock. Northland Securities reiterated 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. Canaccord Genuity Group reduced 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. StockNews.com lowered shares of Qualys from a "buy" rating to a "hold" rating in a research note on Friday. Finally, Loop Capital reduced their price objective on Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Qualys currently has a consensus rating of "Hold" and an average price target of $144.36.

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.