Schonfeld Strategic Advisors LLC Has $4 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Schonfeld Strategic Advisors LLC increased its holdings in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 17.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,500 shares of the software maker's stock after buying an additional 4,187 shares during the quarter. Schonfeld Strategic Advisors LLC owned 0.08% of Qualys worth $3,996,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its position in shares of Qualys by 101.8% during the third quarter. Barclays PLC now owns 112,214 shares of the software maker's stock worth $14,415,000 after purchasing an additional 56,613 shares during the period. Tidal Investments LLC raised its holdings in Qualys by 70.5% during the 3rd quarter. Tidal Investments LLC now owns 2,472 shares of the software maker's stock worth $318,000 after buying an additional 1,022 shares during the period. Synovus Financial Corp lifted its stake in Qualys by 16.3% in the third quarter. Synovus Financial Corp now owns 16,772 shares of the software maker's stock valued at $2,155,000 after buying an additional 2,356 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Qualys by 8.1% in the third quarter. Franklin Resources Inc. now owns 39,603 shares of the software maker's stock valued at $4,968,000 after buying an additional 2,972 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of Qualys by 3.9% during the fourth quarter. Nordea Investment Management AB now owns 73,960 shares of the software maker's stock worth $10,390,000 after acquiring an additional 2,760 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Qualys Stock Performance

Shares of QLYS stock opened at $128.00 on Friday. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $171.00. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 27.53 and a beta of 0.71. The firm's 50-day moving average is $125.75 and its 200-day moving average is $135.91.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share (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%. Sell-side analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Bruce K. Posey sold 525 shares of Qualys stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $139.48, for a total transaction 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. The trade was a 0.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $142.17, for a total transaction of $995,190.00. Following the completion of the transaction, the chief executive officer now directly owns 246,144 shares in the company, valued at approximately $34,994,292.48. This represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,138 shares of company stock valued at $3,519,970 over the last ninety days. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

QLYS has been the topic of several research reports. Northland Securities reaffirmed a "market perform" rating and issued a $146.00 price objective (down from $150.00) on shares of Qualys in a research report on Monday, February 10th. Scotiabank reduced their price objective on Qualys from $150.00 to $140.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. StockNews.com upgraded Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Jefferies Financial Group reduced their price target on Qualys from $145.00 to $130.00 and set a "hold" rating for the company in a research report on Monday, March 31st. Finally, Loop Capital lowered their price objective on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Qualys presently has a consensus rating of "Hold" and a consensus price target of $140.53.

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.

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