Two Sigma Advisers LP Sells 19,100 Shares of Qualys, Inc. (NASDAQ:QLYS)

Two Sigma Advisers LP decreased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 12.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 128,500 shares of the software maker's stock after selling 19,100 shares during the period. Two Sigma Advisers LP owned approximately 0.35% of Qualys worth $16,507,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on QLYS shares. Canaccord Genuity Group boosted their price objective on shares of Qualys from $160.00 to $170.00 and gave the company a "buy" rating in a report on Wednesday, November 6th. Westpark Capital reaffirmed a "hold" rating on shares of Qualys in a research note on Wednesday, November 6th. Jefferies Financial Group increased their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a "hold" rating in a research note on Wednesday, November 6th. Royal Bank of Canada upped their price objective on shares of Qualys from $150.00 to $162.00 and gave the company a "sector perform" rating in a research note on Wednesday, November 6th. Finally, Truist Financial increased their price objective on shares of Qualys from $120.00 to $145.00 and gave the company a "hold" rating in a research report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Qualys presently has a consensus rating of "Hold" and a consensus price target of $152.80.

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 1,330 shares of Qualys stock in a transaction on Friday, September 20th. The stock was sold at an average price of $123.80, for a total value of $164,654.00. Following the completion of the sale, the insider now owns 55,618 shares of the company's stock, valued at $6,885,508.40. The trade was a 2.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 179,649 shares in the company, valued at $22,493,851.29. The trade was a 3.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,190 shares of company stock valued at $4,449,290. 1.00% of the stock is owned by corporate insiders.

Qualys Price Performance

Shares of NASDAQ QLYS traded up $0.38 during mid-day trading on Monday, reaching $155.76. 232,137 shares of the company's stock were exchanged, compared to its average volume of 438,726. The firm has a 50-day moving average price of $137.39 and a two-hundred day moving average price of $135.25. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 34.22 and a beta of 0.54. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $206.35.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.23. The company had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.24 EPS. As a group, sell-side analysts forecast that Qualys, Inc. will post 4.34 EPS 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.