Aigen Investment Management LP Invests $445,000 in Qualys, Inc. (NASDAQ:QLYS)

Aigen Investment Management LP bought a new position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,462 shares of the software maker's stock, valued at approximately $445,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QLYS. Vanguard Group Inc. raised its position in Qualys by 2.2% in the first quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker's stock worth $640,748,000 after purchasing an additional 83,504 shares in the last quarter. Boston Trust Walden Corp lifted its position in shares of Qualys by 14.5% during the 3rd quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker's stock worth $118,966,000 after buying an additional 117,079 shares during the period. Renaissance Technologies LLC lifted its position in shares of Qualys by 15.3% during the 2nd quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker's stock worth $67,607,000 after buying an additional 63,000 shares during the period. Bank of New York Mellon Corp boosted its stake in Qualys by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker's stock valued at $62,663,000 after buying an additional 3,357 shares in the last quarter. Finally, Van Berkom & Associates Inc. grew its position in Qualys by 1.3% in the second quarter. Van Berkom & Associates Inc. now owns 372,338 shares of the software maker's stock valued at $53,095,000 after acquiring an additional 4,932 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Qualys news, insider Bruce K. Posey sold 1,330 shares of the stock in a transaction on Friday, September 20th. The shares were sold at an average price of $123.80, for a total value of $164,654.00. Following the sale, the insider now directly owns 55,618 shares in the company, valued at approximately $6,885,508.40. This trade represents a 2.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business's stock in a transaction on Monday, October 14th. The shares were sold at an average price of $125.21, for a total transaction of $876,470.00. Following the completion of the transaction, the chief executive officer now directly owns 179,649 shares of the company's stock, valued at $22,493,851.29. This trade represents a 3.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,919 shares of company stock valued at $1,360,140 in the last 90 days. 1.00% of the stock is owned by insiders.

Qualys Stock Performance

QLYS traded down $3.87 during trading on Friday, reaching $145.52. 836,672 shares of the company's stock were exchanged, compared to its average volume of 446,886. The company's fifty day moving average price is $128.88 and its 200-day moving average price is $135.68. The firm has a market capitalization of $5.32 billion, a PE ratio of 32.05 and a beta of 0.47. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $206.35.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The business had revenue of $153.87 million during the quarter, compared to analysts' expectations of $150.74 million. During the same period in the previous year, the firm earned $1.24 earnings per share. The firm's quarterly revenue was up 8.4% compared to the same quarter last year. Research analysts forecast that Qualys, Inc. will post 4.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on QLYS. DA Davidson boosted their target price on shares of Qualys from $120.00 to $147.00 and gave the company a "neutral" rating in a research note on Wednesday, November 6th. Northland Securities restated a "market perform" rating and issued a $140.00 price target (down from $150.00) on shares of Qualys in a research report on Wednesday, August 7th. Morgan Stanley raised their price objective on shares of Qualys from $123.00 to $126.00 and gave the stock an "underweight" rating in a report on Wednesday, November 6th. Jefferies Financial Group boosted their target price on Qualys from $135.00 to $155.00 and gave the stock a "hold" rating in a report on Wednesday, November 6th. Finally, Truist Financial raised their price target on Qualys from $120.00 to $145.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Qualys presently has an average rating of "Hold" and a consensus target price of $152.80.

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.