Graham Capital Management L.P. Has $1.52 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Graham Capital Management L.P. lifted its holdings in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 32.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,853 shares of the software maker's stock after buying an additional 2,662 shares during the period. Graham Capital Management L.P.'s holdings in Qualys were worth $1,522,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Amalgamated Bank raised its holdings in shares of Qualys by 0.5% during the fourth quarter. Amalgamated Bank now owns 16,640 shares of the software maker's stock worth $2,333,000 after acquiring an additional 77 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Qualys by 1.4% during the fourth quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker's stock worth $806,000 after acquiring an additional 80 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after acquiring an additional 99 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Qualys by 12.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker's stock worth $153,000 after acquiring an additional 123 shares in the last quarter. Finally, Huntington National Bank raised its holdings in shares of Qualys by 15.6% during the fourth quarter. Huntington National Bank now owns 932 shares of the software maker's stock worth $131,000 after acquiring an additional 126 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Insider Transactions at Qualys

In related news, insider Bruce K. Posey sold 524 shares of Qualys stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $129.38, for a total transaction of $67,795.12. Following the sale, the insider now directly owns 65,053 shares of the company's stock, valued at $8,416,557.14. This trade represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey P. Hank sold 4,000 shares of Qualys stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $128.93, for a total value of $515,720.00. Following the sale, the director now directly owns 12,666 shares in the company, valued at approximately $1,633,027.38. This trade represents a 24.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,127 shares of company stock worth $1,905,108. Company insiders own 0.88% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on QLYS shares. Loop Capital cut their price objective on Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a report on Friday, February 7th. Wedbush cut their price objective on Qualys from $160.00 to $145.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. StockNews.com upgraded Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Needham & Company LLC restated a "hold" rating on shares of Qualys in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. cut their target price on Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a report on Monday, April 28th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $137.50.

Qualys Stock Performance

Shares of Qualys stock traded up $0.98 during trading on Friday, reaching $136.88. The company's stock had a trading volume of 312,104 shares, compared to its average volume of 385,823. The business's fifty day moving average price is $126.48 and its 200-day moving average price is $136.76. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 29.44 and a beta of 0.61. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The software maker reported $1.67 EPS for the quarter, topping analysts' consensus estimates of $1.46 by $0.21. The business had revenue of $159.90 million for the quarter, compared to analyst estimates of $157.05 million. Qualys had a return on equity of 38.52% and a net margin of 28.59%. The firm's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.45 earnings per share. Sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

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.