Jackson Creek Investment Advisors LLC Buys 602 Shares of Qualys, Inc. (NASDAQ:QLYS)

Jackson Creek Investment Advisors LLC grew its position in Qualys, Inc. (NASDAQ:QLYS) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,416 shares of the software maker’s stock after acquiring an additional 602 shares during the quarter. Qualys accounts for about 0.6% of Jackson Creek Investment Advisors LLC’s holdings, making the stock its 13th largest position. Jackson Creek Investment Advisors LLC’s holdings in Qualys were worth $1,456,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. bought a new position in Qualys in the fourth quarter worth $30,000. Blue Trust Inc. raised its position in Qualys by 218.2% in the fourth quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock worth $41,000 after purchasing an additional 144 shares in the last quarter. Fifth Third Bancorp lifted its stake in Qualys by 54.1% during the third quarter. Fifth Third Bancorp now owns 282 shares of the software maker’s stock worth $43,000 after purchasing an additional 99 shares during the period. Signaturefd LLC boosted its holdings in Qualys by 24.9% during the fourth quarter. Signaturefd LLC now owns 291 shares of the software maker’s stock valued at $57,000 after purchasing an additional 58 shares in the last quarter. Finally, CWM LLC boosted its holdings in Qualys by 353.8% during the third quarter. CWM LLC now owns 422 shares of the software maker’s stock valued at $64,000 after purchasing an additional 329 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

Insider Buying and Selling at Qualys

In other news, insider Bruce K. Posey sold 1,430 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total value of $235,821.30. Following the sale, the insider now directly owns 63,057 shares of the company’s stock, valued at approximately $10,398,729.87. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Qualys news, insider Bruce K. Posey sold 1,430 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total value of $235,821.30. Following the transaction, the insider now directly owns 63,057 shares in the company, valued at $10,398,729.87. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Joo Mi Kim sold 1,130 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $169.49, for a total value of $191,523.70. Following the completion of the sale, the chief financial officer now owns 96,734 shares of the company’s stock, valued at $16,395,445.66. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,792 shares of company stock worth $2,455,489. Insiders own 1.20% of the company’s stock.

Qualys Price Performance

QLYS stock traded down $4.36 during trading hours on Tuesday, reaching $163.91. 363,292 shares of the stock were exchanged, compared to its average volume of 454,872. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 41.65 and a beta of 0.51. The firm’s 50-day moving average is $166.63 and its 200-day moving average is $175.84. Qualys, Inc. has a 12 month low of $107.00 and a 12 month high of $206.35.

Qualys (NASDAQ:QLYS) last released its earnings results on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, beating the consensus estimate of $0.82 by $0.26. The firm had revenue of $144.57 million for the quarter, compared to analysts’ expectations of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. As a group, equities research analysts forecast that Qualys, Inc. will post 3.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on QLYS. Wedbush decreased their price target on Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a research note on Thursday, February 8th. JPMorgan Chase & Co. increased their target price on shares of Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research report on Thursday, February 8th. StockNews.com lowered shares of Qualys from a “buy” rating to a “hold” rating in a research report on Sunday, April 21st. Scotiabank started coverage on shares of Qualys in a report on Friday. They set a “sector perform” rating and a $172.00 price objective for the company. Finally, Truist Financial increased their price objective on shares of Qualys from $145.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, January 16th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given 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 $154.57.

About Qualys

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.