Jump Financial LLC Takes Position in Qualys, Inc. (NASDAQ:QLYS)

Jump Financial LLC purchased a new stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 26,700 shares of the software maker's stock, valued at approximately $3,744,000. Jump Financial LLC owned 0.07% of Qualys at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in shares of Qualys by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker's stock valued at $64,016,000 after buying an additional 3,848 shares during the period. Raymond James Financial Inc. bought a new stake in Qualys during the fourth quarter worth about $15,937,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Qualys by 13.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,833 shares of the software maker's stock worth $1,095,000 after acquiring an additional 933 shares in the last quarter. Trust Point Inc. bought a new stake in Qualys during the fourth quarter worth about $376,000. Finally, Kestra Private Wealth Services LLC boosted its stake in Qualys by 26.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 4,253 shares of the software maker's stock worth $596,000 after acquiring an additional 902 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on QLYS shares. StockNews.com raised shares of Qualys from a "hold" rating to a "buy" rating in a research note on Saturday, April 12th. Morgan Stanley dropped their price objective on shares of Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 16th. Needham & Company LLC reissued 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 research note on Monday, February 10th. Finally, Royal Bank of Canada reduced their price target on shares of Qualys from $162.00 to $135.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Qualys currently has a consensus rating of "Hold" and a consensus price target of $142.21.

Qualys Price Performance

Shares of QLYS traded up $2.32 during trading hours on Wednesday, hitting $121.82. The stock had a trading volume of 107,023 shares, compared to its average volume of 395,287. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $174.20. The firm has a market capitalization of $4.44 billion, a PE ratio of 26.20 and a beta of 0.71. The stock has a fifty day moving average price of $128.04 and a 200 day moving average price of $135.83.

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 return on equity of 38.52% and a net margin of 28.59%. As a group, analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Insider Buying and Selling

In related news, 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 in the company, valued at approximately $8,416,557.14. The trade was a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 4,487 shares of Qualys stock in a transaction on Monday, February 10th. The shares were sold at an average price of $140.00, for a total value of $628,180.00. Following the transaction, the chief financial officer now owns 112,757 shares in the company, valued at $15,785,980. This trade represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,138 shares of company stock valued at $3,519,970 over the last 90 days. Company insiders own 1.00% of the company's stock.

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.