Qualys, Inc. (NASDAQ:QLYS) Shares Sold by Aquatic Capital Management LLC

Aquatic Capital Management LLC trimmed its position in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 41.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,832 shares of the software maker's stock after selling 6,868 shares during the quarter. Aquatic Capital Management LLC's holdings in Qualys were worth $1,379,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of QLYS. Johnson Financial Group Inc. acquired a new stake in Qualys in the 4th quarter valued at $54,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Qualys during the 4th quarter valued at about $6,983,000. Two Sigma Securities LLC acquired a new position in Qualys during the 4th quarter worth approximately $768,000. Nebula Research & Development LLC acquired a new stake in Qualys in the fourth quarter valued at approximately $1,906,000. Finally, Oberweis Asset Management Inc. purchased a new stake in shares of Qualys during the fourth quarter valued at approximately $6,703,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys Stock Performance

Shares of Qualys stock traded up $1.20 during trading hours on Monday, reaching $129.20. The company's stock had a trading volume of 90,296 shares, compared to its average volume of 393,170. Qualys, Inc. has a one year low of $112.61 and a one year high of $171.00. The company's 50 day simple moving average is $125.75 and its 200 day simple moving average is $135.99. The stock has a market cap of $4.70 billion, a P/E ratio of 27.79 and a beta of 0.71.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its earnings results on Thursday, February 6th. The software maker reported $1.19 EPS for the quarter, missing analysts' consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. On average, sell-side analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Royal Bank of Canada decreased their target price on shares of Qualys from $162.00 to $135.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Canaccord Genuity Group lowered their target price on Qualys from $170.00 to $163.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Loop Capital cut their price target on Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a research note on Friday, February 7th. Needham & Company LLC restated a "hold" rating on shares of Qualys in a research note on Monday, February 10th. Finally, Jefferies Financial Group dropped their price objective on Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a report on Monday, March 31st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $140.53.

Insiders Place Their Bets

In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $142.17, for a total value of $995,190.00. Following the sale, the chief executive officer now owns 246,144 shares in the company, valued at approximately $34,994,292.48. This trade represents a 2.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joo Mi Kim sold 4,487 shares of Qualys stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 112,757 shares in the company, valued at approximately $15,785,980. This trade represents a 3.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,138 shares of company stock valued at $3,519,970 over the last three months. Company insiders own 1.00% of the company's stock.

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.