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

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

Other hedge funds also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new position in shares of Qualys in the fourth quarter valued at about $28,000. Catalyst Capital Advisors LLC purchased a new position in Qualys in the 4th quarter worth approximately $39,000. Fifth Third Bancorp boosted its stake in Qualys by 33.9% in 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 grew its holdings in Qualys by 56.2% during the 3rd quarter. Quarry LP now owns 439 shares of the software maker’s stock valued at $56,000 after buying an additional 158 shares in the last quarter. Finally, Mendota Financial Group LLC bought a new stake in shares of Qualys during the fourth quarter valued at approximately $91,000. Institutional investors own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on QLYS shares. Scotiabank dropped 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 report on Friday, February 7th. Northland Securities reissued a “market perform” rating and set a $146.00 price objective (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a report on Monday, February 10th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Finally, Royal Bank of Canada reduced their price objective on 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 research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Qualys presently has an average rating of “Hold” and a consensus price target of $146.14.

Insider Buying and Selling

In other news, insider Bruce K. Posey sold 882 shares of Qualys stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $139.66, for a total transaction of $123,180.12. Following the completion of the sale, the insider now directly owns 62,295 shares in the company, valued at approximately $8,700,119.70. This trade represents a 1.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $134.49, for a total transaction of $941,430.00. Following the sale, the chief executive officer now directly owns 225,453 shares of the company’s stock, valued at $30,321,173.97. This represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 26,595 shares of company stock valued at $3,691,922. Insiders own 1.00% of the company’s stock.

Qualys Trading Up 0.8 %

Qualys stock opened at $130.13 on Friday. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.20. The firm has a 50-day moving average price of $135.54 and a 200-day moving average price of $136.24. The firm has a market capitalization of $4.75 billion, a PE ratio of 27.99 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) 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%. As a group, sell-side analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

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.