Centiva Capital LP Sells 4,522 Shares of Qualys, Inc. (NASDAQ:QLYS)

Centiva Capital LP trimmed its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 46.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 5,248 shares of the software maker's stock after selling 4,522 shares during the period. Centiva Capital LP's holdings in Qualys were worth $674,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Aigen Investment Management LP purchased a new position in Qualys in the 3rd quarter worth approximately $445,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Qualys by 208.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker's stock worth $11,072,000 after purchasing an additional 58,252 shares during the last quarter. Intech Investment Management LLC raised its stake in shares of Qualys by 428.9% in the third quarter. Intech Investment Management LLC now owns 18,256 shares of the software maker's stock worth $2,345,000 after purchasing an additional 14,804 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Qualys by 2,459.9% during the second quarter. SG Americas Securities LLC now owns 43,135 shares of the software maker's stock valued at $6,151,000 after buying an additional 41,450 shares during the last quarter. Finally, ProShare Advisors LLC increased its holdings in Qualys by 57.7% in the 2nd quarter. ProShare Advisors LLC now owns 13,672 shares of the software maker's stock worth $1,950,000 after buying an additional 5,004 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on QLYS. Jefferies Financial Group boosted their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. UBS Group raised their price target on Qualys from $140.00 to $160.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 6th. Wolfe Research raised Qualys from an "underperform" rating to a "peer perform" rating in a report on Monday, November 11th. Canaccord Genuity Group upped their price target on shares of Qualys from $160.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, November 6th. Finally, Morgan Stanley raised their price objective on shares of Qualys from $123.00 to $126.00 and gave the stock an "underweight" rating in a report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, Qualys presently has a consensus rating of "Hold" and an average target price of $152.80.

Insider Activity at Qualys

In related news, CFO Joo Mi Kim sold 1,332 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $157.37, for a total transaction of $209,616.84. Following the transaction, the chief financial officer now directly owns 113,652 shares in the company, valued at approximately $17,885,415.24. This represents a 1.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $125.21, for a total transaction of $876,470.00. Following the completion of the sale, the chief executive officer now directly owns 179,649 shares of the company's stock, valued at approximately $22,493,851.29. The trade was a 3.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,190 shares of company stock valued at $4,449,290 over the last 90 days. 1.00% of the stock is owned by corporate insiders.

Qualys Stock Down 0.9 %

QLYS stock traded down $1.41 during mid-day trading on Friday, hitting $155.38. The company had a trading volume of 326,079 shares, compared to its average volume of 398,156. The company has a 50-day moving average price of $137.39 and a 200 day moving average price of $135.32. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $206.35. The company has a market capitalization of $5.69 billion, a price-to-earnings ratio of 34.22 and a beta of 0.54.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings results 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. The business had revenue of $153.87 million during the quarter, compared to analysts' expectations of $150.74 million. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.24 EPS. As a group, analysts expect that Qualys, Inc. will post 4.34 EPS for the current 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.