Fox Run Management L.L.C. Invests $285,000 in Qualys, Inc. (NASDAQ:QLYS)

Fox Run Management L.L.C. bought a new position in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,035 shares of the software maker's stock, valued at approximately $285,000.

Other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC grew its position in shares of Qualys by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker's stock valued at $160,957,000 after acquiring an additional 20,038 shares during the period. Boston Trust Walden Corp lifted its stake in 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 purchasing an additional 123,530 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Qualys by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker's stock worth $64,016,000 after purchasing an additional 3,848 shares during the period. Assenagon Asset Management S.A. increased 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 worth $49,876,000 after buying an additional 331,766 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in Qualys by 13.4% in the third quarter. Fisher Asset Management LLC now owns 185,277 shares of the software maker's stock valued at $23,801,000 after buying an additional 21,924 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

QLYS has been the subject of several research analyst reports. Canaccord Genuity Group reduced their target price on 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 raised shares of Qualys from a "hold" rating to a "buy" rating in a research report on Wednesday, March 12th. Loop Capital dropped their price objective on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a research report on Friday, February 7th. Scotiabank cut their target price on shares of Qualys from $150.00 to $140.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Finally, Royal Bank of Canada decreased their price target on shares of Qualys from $162.00 to $135.00 and set a "sector perform" rating on the stock in a research note on Friday, February 7th. Two 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 currently has a consensus rating of "Hold" and an average price target of $146.14.

Qualys Trading Down 1.7 %

NASDAQ QLYS traded down $2.17 during midday trading on Monday, hitting $125.01. The company had a trading volume of 78,327 shares, compared to its average volume of 394,742. The firm has a 50-day moving average price of $135.35 and a 200-day moving average price of $136.48. The company has a market capitalization of $4.56 billion, a PE ratio of 26.78 and a beta of 0.56. Qualys, Inc. has a twelve month low of $119.17 and a twelve month high of $174.20.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly 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 net margin of 28.59% and a return on equity of 38.52%. On average, equities analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Insider Activity at Qualys

In related news, insider Bruce K. Posey sold 524 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $129.38, for a total value of $67,795.12. Following the sale, the insider now directly owns 65,053 shares of the company's stock, valued at $8,416,557.14. This trade represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction dated 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 transaction, 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 disclosure for this sale can be found here. Insiders have sold 26,595 shares of company stock valued at $3,691,922 over the last three months. 1.00% of the stock is owned by insiders.

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.