Qualys, Inc. (NASDAQ:QLYS) Shares Sold by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd decreased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,977 shares of the software maker's stock after selling 4,110 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd owned about 0.10% of Qualys worth $5,045,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. SBI Securities Co. Ltd. purchased a new position in shares of Qualys during the 4th quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new position in Qualys during the 4th quarter worth about $39,000. Fifth Third Bancorp lifted its stake in 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 acquiring an additional 99 shares in the last quarter. Quarry LP boosted its stake in shares of Qualys by 56.2% in the third quarter. Quarry LP now owns 439 shares of the software maker's stock valued at $56,000 after purchasing an additional 158 shares during the period. Finally, Mendota Financial Group LLC purchased a new stake in Qualys during the 4th quarter worth approximately $91,000. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Buying and Selling at Qualys

In other news, insider Bruce K. Posey sold 882 shares of the business's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $139.66, for a total value of $123,180.12. Following the transaction, the insider now owns 62,295 shares of the company's stock, valued at approximately $8,700,119.70. The trade was a 1.40 % decrease in their ownership of the stock. The transaction 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 company's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $142.17, for a total value of $995,190.00. Following the sale, the chief executive officer now owns 246,144 shares of the company's stock, valued at $34,994,292.48. This trade represents a 2.77 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,595 shares of company stock worth $3,691,922. 1.00% of the stock is owned by company insiders.

Remove Ads

Qualys Stock Performance

Shares of QLYS stock traded down $2.46 during mid-day trading on Monday, hitting $124.72. 56,736 shares of the stock were exchanged, compared to its average volume of 394,655. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.20. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 26.82 and a beta of 0.56. The stock's fifty day simple moving average is $135.35 and its two-hundred day simple moving average is $136.48.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. On average, research analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on QLYS. Needham & Company LLC restated a "hold" rating on shares of Qualys in a research note on Monday, February 10th. Scotiabank reduced their price target on Qualys from $150.00 to $140.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Royal Bank of Canada decreased their price objective on Qualys from $162.00 to $135.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Northland Securities reaffirmed a "market perform" rating and issued a $146.00 target price (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. Finally, Canaccord Genuity Group decreased their price target on shares of Qualys from $170.00 to $163.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $146.14.

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.