Amalgamated Bank Has $2.33 Million Position in Qualys, Inc. (NASDAQ:QLYS)

Amalgamated Bank raised its position in Qualys, Inc. (NASDAQ:QLYS) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,640 shares of the software maker’s stock after buying an additional 77 shares during the quarter. Amalgamated Bank’s holdings in Qualys were worth $2,333,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC acquired a new position in shares of Qualys in the fourth quarter valued at about $39,000. Fifth Third Bancorp grew its position in shares of Qualys by 33.9% during 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 in the last quarter. Quarry LP increased its holdings in shares of Qualys by 56.2% during the third quarter. Quarry LP now owns 439 shares of the software maker’s stock worth $56,000 after purchasing an additional 158 shares during the period. Mendota Financial Group LLC acquired a new stake in shares of Qualys in the fourth quarter valued at approximately $91,000. Finally, Advisors Asset Management Inc. boosted its stake in shares of Qualys by 68.6% in the third quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker’s stock valued at $94,000 after buying an additional 297 shares during the period. Institutional investors own 99.31% of the company’s stock.

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $134.49, for a total value of $941,430.00. Following the sale, the chief executive officer now owns 225,453 shares in the company, valued at approximately $30,321,173.97. The trade was a 3.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Bruce K. Posey sold 855 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $142.24, for a total value of $121,615.20. Following the transaction, the insider now owns 63,177 shares of the company’s stock, valued at $8,986,296.48. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,258 shares of company stock worth $3,955,359 over the last three months. Company insiders own 1.00% of the company’s stock.

Qualys Stock Up 0.3 %

Shares of QLYS stock opened at $131.46 on Monday. The stock’s fifty day simple moving average is $139.25 and its 200 day simple moving average is $135.75. Qualys, Inc. has a twelve month low of $119.17 and a twelve month high of $174.31. The firm has a market capitalization of $4.80 billion, a P/E ratio of 28.27 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last posted its earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates 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, equities research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Morgan Stanley raised their price objective on Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. DA Davidson upped their price objective on shares of Qualys from $120.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Wolfe Research raised shares of Qualys from an “underperform” rating to a “peer perform” rating in a report on Monday, November 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Qualys currently has a consensus rating of “Hold” and a consensus target price of $146.57.

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.