Hudson Bay Capital Management LP Makes New $9.07 Million Investment in Qualys, Inc. (NASDAQ:QLYS)

Hudson Bay Capital Management LP purchased a new stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 64,664 shares of the software maker's stock, valued at approximately $9,067,000. Hudson Bay Capital Management LP owned 0.18% of Qualys at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new position in Qualys in the fourth quarter valued at about $28,000. Catalyst Capital Advisors LLC bought a new stake in Qualys during the 4th quarter valued at approximately $39,000. Quadrant Capital Group LLC boosted its stake in Qualys by 88.1% during the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker's stock valued at $47,000 after purchasing an additional 156 shares during the period. Johnson Financial Group Inc. bought a new stake in Qualys during the 4th quarter valued at approximately $54,000. Finally, Fifth Third Bancorp boosted its stake in Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock valued at $55,000 after purchasing an additional 99 shares during the period. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys Trading Up 0.7%

Shares of Qualys stock traded up $0.98 during trading on Friday, reaching $136.88. The stock had a trading volume of 312,104 shares, compared to its average volume of 385,823. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of 29.44 and a beta of 0.61. The stock has a fifty day moving average price of $126.48 and a two-hundred day moving average price of $136.64. Qualys, Inc. has a 52 week low of $112.61 and a 52 week high of $170.00.

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

Analyst Upgrades and Downgrades

A number of analysts have commented on QLYS shares. Needham & Company LLC reiterated a "hold" rating on shares of Qualys in a research report on Monday, February 10th. Loop Capital dropped their price target on Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a report on Friday, February 7th. JPMorgan Chase & Co. lowered their target price on Qualys from $122.00 to $117.00 and set an "underweight" rating for the company in a research note on Monday, April 28th. Royal Bank of Canada lifted their target price on Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. Finally, StockNews.com upgraded shares of Qualys from a "hold" rating to a "buy" rating in a research report on Saturday, April 12th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $137.50.

Insiders Place Their Bets

In other Qualys news, Director Jeffrey P. Hank sold 4,000 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $128.93, for a total value of $515,720.00. Following the completion of the sale, the director now owns 12,666 shares of the company's stock, valued at $1,633,027.38. The trade was a 24.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Bruce K. Posey sold 525 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $139.48, for a total value of $73,227.00. Following the completion of the sale, the insider now owns 65,373 shares of the company's stock, valued at approximately $9,118,226.04. This trade represents a 0.80% 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 $1,905,108 over the last 90 days. 0.88% of the stock is currently owned by insiders.

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.