Capital Fund Management S.A. Sells 8,471 Shares of Qualys, Inc. (NASDAQ:QLYS)

Capital Fund Management S.A. reduced its position in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 11.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 63,218 shares of the software maker's stock after selling 8,471 shares during the period. Capital Fund Management S.A. owned 0.17% of Qualys worth $8,864,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QLYS. SBI Securities Co. Ltd. purchased a new stake in shares of Qualys during the 4th quarter valued at approximately $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Qualys during the fourth quarter worth $39,000. Quadrant Capital Group LLC lifted its position in shares of Qualys by 88.1% during the fourth quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker's stock worth $47,000 after acquiring an additional 156 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of Qualys by 33.9% in the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after acquiring an additional 99 shares during the period. Finally, Mendota Financial Group LLC bought a new stake in shares of Qualys during the 4th quarter valued at $91,000. 99.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Canaccord Genuity Group reduced their target price on Qualys from $170.00 to $163.00 and set a "buy" rating for the company in a report on Friday, February 7th. Needham & Company LLC restated a "hold" rating on shares of Qualys in a research note on Monday, February 10th. Northland Securities reissued a "market perform" rating and set a $146.00 price objective (down previously from $150.00) on shares of Qualys in a report on Monday, February 10th. Jefferies Financial Group lowered their target price on shares of Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a research note on Monday, March 31st. Finally, Scotiabank lowered their price objective on shares of Qualys from $150.00 to $140.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $142.21.

Qualys Trading Down 0.7 %

QLYS stock traded down $0.87 during midday trading on Thursday, hitting $120.48. The company had a trading volume of 86,233 shares, compared to its average volume of 398,016. Qualys, Inc. has a 52 week low of $112.61 and a 52 week high of $174.20. The stock has a market cap of $4.39 billion, a price-to-earnings ratio of 25.92 and a beta of 0.71. The stock's 50 day moving average price is $129.57 and its 200 day moving average price is $135.97.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 EPS 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%. Analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current year.

Insider Buying and Selling at Qualys

In other news, CFO Joo Mi Kim sold 1,358 shares of the business's stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of $124.87, for a total value of $169,573.46. Following the completion of the transaction, the chief financial officer now owns 105,740 shares in the company, valued at $13,203,753.80. The trade was a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $142.17, for a total transaction of $995,190.00. Following the completion of the sale, the chief executive officer now owns 246,144 shares of the company's stock, valued at $34,994,292.48. This represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,480 shares of company stock valued at $3,579,506. 1.00% of the stock is currently owned by company insiders.

Qualys 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.