Aigen Investment Management LP Takes Position in Qualys, Inc. (NASDAQ:QLYS)

Aigen Investment Management LP bought a new stake in Qualys, Inc. (NASDAQ:QLYS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,462 shares of the software maker’s stock, valued at approximately $445,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Millennium Management LLC lifted its position in shares of Qualys by 100.7% in the second quarter. Millennium Management LLC now owns 367,470 shares of the software maker’s stock valued at $52,401,000 after buying an additional 184,403 shares during the last quarter. Jupiter Asset Management Ltd. boosted its position in Qualys by 169.7% during the first quarter. Jupiter Asset Management Ltd. now owns 245,522 shares of the software maker’s stock worth $40,970,000 after purchasing an additional 154,492 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Qualys by 95.7% in the second quarter. Acadian Asset Management LLC now owns 286,005 shares of the software maker’s stock valued at $40,771,000 after purchasing an additional 139,897 shares during the last quarter. Boston Trust Walden Corp raised its position in shares of Qualys by 14.5% in the third quarter. Boston Trust Walden Corp now owns 926,093 shares of the software maker’s stock valued at $118,966,000 after purchasing an additional 117,079 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Qualys by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker’s stock worth $640,748,000 after buying an additional 83,504 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Activity at Qualys

In related news, insider Bruce K. Posey sold 1,330 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $123.80, for a total transaction of $164,654.00. Following the sale, the insider now owns 55,618 shares in the company, valued at $6,885,508.40. The trade was a 2.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Joo Mi Kim sold 634 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $122.19, for a total value of $77,468.46. Following the completion of the transaction, the chief financial officer now directly owns 85,942 shares of the company’s stock, valued at approximately $10,501,252.98. The trade was a 0.73 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,919 shares of company stock valued at $1,360,140. 1.00% of the stock is owned by insiders.

Qualys Price Performance

NASDAQ QLYS opened at $149.39 on Friday. The business has a fifty day moving average price of $127.90 and a two-hundred day moving average price of $135.75. The stock has a market capitalization of $5.47 billion, a PE ratio of 32.91 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) last released its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $150.74 million. During the same period last year, the firm posted $1.24 earnings per share. Qualys’s revenue was up 8.4% compared to the same quarter last year. As a group, sell-side analysts expect that Qualys, Inc. will post 4.34 earnings per share for the current year.

Analysts Set New Price Targets

QLYS has been the topic of a number of research reports. Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday. StockNews.com lowered Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Wedbush reduced their price target on Qualys from $190.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. DA Davidson increased their price objective on Qualys from $120.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Finally, Jefferies Financial Group boosted their target price on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus 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.