Two Sigma Investments LP Sells 63,326 Shares of Qualys, Inc. (NASDAQ:QLYS)

Two Sigma Investments LP lessened its stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 47.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 69,701 shares of the software maker's stock after selling 63,326 shares during the quarter. Two Sigma Investments LP owned about 0.19% of Qualys worth $9,773,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of QLYS. Vanguard Group Inc. increased its holdings in Qualys by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker's stock valued at $604,721,000 after buying an additional 131,339 shares during the period. Geode Capital Management LLC boosted its position in Qualys by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 1,262,931 shares of the software maker's stock worth $178,445,000 after buying an additional 16,369 shares during the period. Boston Trust Walden Corp lifted its position in shares of Qualys by 13.3% in the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker's stock worth $147,178,000 after purchasing an additional 123,530 shares during the period. Legal & General Group Plc lifted its position in shares of Qualys by 10.2% in the 4th quarter. Legal & General Group Plc now owns 954,583 shares of the software maker's stock worth $133,852,000 after purchasing an additional 88,347 shares during the period. Finally, First Trust Advisors LP lifted its position in shares of Qualys by 4.4% in the 4th quarter. First Trust Advisors LP now owns 920,163 shares of the software maker's stock worth $129,025,000 after purchasing an additional 38,880 shares during the period. 99.31% of the stock is owned by institutional investors.

Qualys Price Performance

Shares of NASDAQ QLYS traded down $1.36 during trading on Wednesday, hitting $136.18. The stock had a trading volume of 251,642 shares, compared to its average volume of 382,388. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00. The company has a market capitalization of $4.95 billion, a PE ratio of 29.29 and a beta of 0.61. The firm has a fifty day moving average of $127.69 and a two-hundred day moving average of $136.59.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $159.90 million during the quarter, compared to analyst estimates of $157.05 million. During the same quarter in the prior year, the business posted $1.45 EPS. The business's revenue was up 9.7% compared to the same quarter last year. On average, equities analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

QLYS has been the topic of a number of research reports. Northland Securities reiterated a "market perform" rating and set a $146.00 target price (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. 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 research report on Monday, April 28th. Jefferies Financial Group dropped their target price on shares of Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a research report on Monday, March 31st. Morgan Stanley dropped their target price on shares of Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Wedbush dropped their target price on shares of Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $137.50.

Insider Buying and Selling at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the company's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $123.81, for a total transaction of $866,670.00. Following the sale, the chief executive officer now directly owns 246,313 shares of the company's stock, valued at $30,496,012.53. This represents a 2.76% 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, insider Bruce K. Posey sold 540 shares of the company's stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $117.86, for a total value of $63,644.40. Following the sale, the insider now owns 64,513 shares in the company, valued at approximately $7,603,502.18. This represents a 0.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,127 shares of company stock valued at $1,904,252 over the last three months. 0.88% of the stock is currently owned by insiders.

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.