Centiva Capital LP Has $308,000 Holdings in Qualys, Inc. (NASDAQ:QLYS)

Centiva Capital LP lessened its holdings in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 58.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,197 shares of the software maker's stock after selling 3,051 shares during the quarter. Centiva Capital LP's holdings in Qualys were worth $308,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Brevan Howard Capital Management LP raised its position in shares of Qualys by 631.2% in the 4th quarter. Brevan Howard Capital Management LP now owns 13,374 shares of the software maker's stock valued at $1,875,000 after acquiring an additional 11,545 shares during the period. Bridgefront Capital LLC raised its position in shares of Qualys by 37.0% in the 4th quarter. Bridgefront Capital LLC now owns 3,515 shares of the software maker's stock valued at $493,000 after acquiring an additional 949 shares during the period. Bayesian Capital Management LP acquired a new stake in shares of Qualys in the 4th quarter valued at approximately $838,000. Bank of America Corp DE raised its position in shares of Qualys by 35.5% in the 4th quarter. Bank of America Corp DE now owns 296,438 shares of the software maker's stock valued at $41,567,000 after acquiring an additional 77,663 shares during the period. Finally, BLI Banque de Luxembourg Investments acquired a new stake in shares of Qualys in the 4th quarter valued at approximately $10,545,000. Institutional investors own 99.31% of the company's stock.

Qualys Stock Up 3.2%

Shares of QLYS opened at $136.49 on Tuesday. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $170.00. The company has a 50 day moving average of $125.61 and a 200-day moving average of $136.24. The stock has a market capitalization of $4.96 billion, a P/E ratio of 29.35 and a beta of 0.61.

Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.21. Qualys had a net margin of 28.59% and a return on equity of 38.52%. The business had revenue of $159.90 million during the quarter, compared to analysts' expectations of $157.05 million. During the same period last year, the business earned $1.45 earnings per share. The firm's revenue was up 9.7% on a year-over-year basis. On average, sell-side analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Friday, February 14th. The shares were sold at an average price of $142.17, for a total transaction of $995,190.00. Following the completion of the transaction, the chief executive officer now directly owns 246,144 shares of the company's stock, valued at $34,994,292.48. The trade was a 2.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bruce K. Posey sold 524 shares of Qualys stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $129.38, for a total transaction of $67,795.12. Following the transaction, the insider now directly owns 65,053 shares of the company's stock, valued at approximately $8,416,557.14. This trade represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,669 shares of company stock valued at $3,536,541. 0.88% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a report on Monday, April 28th. StockNews.com upgraded shares of Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Loop Capital dropped their target price on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Canaccord Genuity Group dropped their target price on shares of Qualys from $163.00 to $158.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Finally, Northland Securities restated a "market perform" rating and set a $146.00 target price (down from $150.00) on shares of Qualys in a report on Monday, February 10th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $137.50.

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.

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