Alpha DNA Investment Management LLC Makes New $411,000 Investment in Qualys, Inc. (NASDAQ:QLYS)

Alpha DNA Investment Management LLC acquired a new position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,931 shares of the software maker's stock, valued at approximately $411,000.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in shares of Qualys by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker's stock worth $64,016,000 after acquiring an additional 3,848 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Qualys in the 4th quarter valued at approximately $15,937,000. Mirae Asset Global Investments Co. Ltd. increased its position in Qualys by 13.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,833 shares of the software maker's stock worth $1,095,000 after purchasing an additional 933 shares in the last quarter. Trust Point Inc. acquired a new stake in Qualys in the fourth quarter valued at approximately $376,000. Finally, Kestra Private Wealth Services LLC grew its stake in shares of Qualys by 26.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 4,253 shares of the software maker's stock worth $596,000 after buying an additional 902 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Qualys

In other Qualys news, CFO Joo Mi Kim sold 4,542 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $140.08, for a total value of $636,243.36. Following the completion of the sale, the chief financial officer now directly owns 108,215 shares of the company's stock, valued at approximately $15,158,757.20. This represents a 4.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 540 shares of the stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $117.86, for a total transaction of $63,644.40. Following the completion of the sale, the insider now owns 64,513 shares of the company's stock, valued at approximately $7,603,502.18. This trade represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,138 shares of company stock valued at $3,519,970 over the last 90 days. Insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Scotiabank lowered their target price on Qualys from $150.00 to $140.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. Royal Bank of Canada decreased their price objective on Qualys from $162.00 to $135.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. StockNews.com upgraded Qualys from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. Northland Securities restated a "market perform" rating and issued a $146.00 price target (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. Finally, Morgan Stanley lowered their target price on shares of Qualys from $120.00 to $90.00 and set an "underweight" rating for the company in a research note on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $142.21.

Qualys Stock Performance

Qualys stock traded up $3.30 during mid-day trading on Thursday, reaching $125.04. The stock had a trading volume of 101,094 shares, compared to its average volume of 394,965. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $173.49. The stock's 50-day simple moving average is $127.60 and its 200-day simple moving average is $135.73. The firm has a market capitalization of $4.56 billion, a PE ratio of 26.84 and a beta of 0.71.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share 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, research analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

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.