Jump Financial LLC Sells 16,257 Shares of Qualys, Inc. (NASDAQ:QLYS)

Jump Financial LLC trimmed its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 60.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,420 shares of the software maker's stock after selling 16,257 shares during the period. Jump Financial LLC's holdings in Qualys were worth $2,045,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. McGlone Suttner Wealth Management Inc. acquired a new stake in Qualys during the 4th quarter worth $30,000. Blue Trust Inc. boosted its stake in Qualys by 218.2% during the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker's stock worth $41,000 after purchasing an additional 144 shares during the period. Fifth Third Bancorp boosted its stake in Qualys by 54.1% during the 3rd quarter. Fifth Third Bancorp now owns 282 shares of the software maker's stock worth $43,000 after purchasing an additional 99 shares during the period. Signaturefd LLC boosted its stake in Qualys by 24.9% during the 4th quarter. Signaturefd LLC now owns 291 shares of the software maker's stock worth $57,000 after purchasing an additional 58 shares during the period. Finally, GAMMA Investing LLC acquired a new stake in Qualys during the 4th quarter worth $86,000. 99.31% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Qualys

In other news, insider Bruce K. Posey sold 1,430 shares of Qualys stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the sale, the insider now directly owns 63,057 shares in the company, valued at $10,398,729.87. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Bruce K. Posey sold 1,430 shares of the business's stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total value of $235,821.30. Following the completion of the sale, the insider now directly owns 63,057 shares in the company, valued at $10,398,729.87. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Joo Mi Kim sold 928 shares of the business's stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $167.97, for a total transaction of $155,876.16. Following the completion of the sale, the chief financial officer now owns 93,196 shares of the company's stock, valued at $15,654,132.12. The disclosure for this sale can be found here. Insiders sold a total of 14,590 shares of company stock worth $2,419,842 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

QLYS has been the subject of a number of recent research reports. Truist Financial decreased their price target on shares of Qualys from $175.00 to $165.00 and set a "hold" rating for the company in a research note on Wednesday, May 8th. Wedbush reduced their target price on shares of Qualys from $230.00 to $210.00 and set an "outperform" rating for the company in a research note on Thursday, February 8th. TD Cowen assumed coverage on shares of Qualys in a research note on Tuesday, March 26th. They issued a "market perform" rating and a $170.00 target price for the company. Needham & Company LLC restated a "hold" rating on shares of Qualys in a research note on Monday. Finally, JPMorgan Chase & Co. raised their target price on shares of Qualys from $146.00 to $152.00 and gave the stock an "underweight" rating in a research note on Thursday, February 8th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Qualys currently has a consensus rating of "Hold" and an average target price of $162.23.

Qualys Stock Performance

NASDAQ:QLYS traded up $0.93 during mid-day trading on Tuesday, hitting $149.73. 394,798 shares of the company's stock traded hands, compared to its average volume of 469,820. The firm's 50 day simple moving average is $165.12 and its 200 day simple moving average is $175.93. Qualys, Inc. has a 1 year low of $114.51 and a 1 year high of $206.35. The company has a market cap of $5.53 billion, a PE ratio of 34.66 and a beta of 0.51.

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.