Finance

Are Investors Buying or Selling Qualys, Inc. (QLYS), and What Should You Do?

Recent insider trends for Qualys, Inc. (NASDAQ:QLYS) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on QLYS is anything to go by, investors should pay attention.

Institutions own 75.30% of Qualys, Inc. (QLYS)’s shares. The total value of these holdings, in millions, is $1,788. Among active positions in the latest quarter, 111 holders increased their positions by a total of 2.66 million shares, 73 holders decreased the positions by a total of 1.86 million shares, and 25 holders held their positions. This works out to a net increase in ownership of 802429 shares, and suggests that institutions are feeling bullish about the stock.

Among new and sold out positions, 36 holders initiated new positions by a total of 525192 shares and 14 holders exited their positions by a total of 812885 shares. This nets out to a decrease of 287693 shares and is another bearish sign for QLYS.

In the last three months, insiders executed a total of 30 trades. 30 were sells. Insider ownership decreased by a total of 539032 shares, which suggests that QLYS’s key executives are feeling less optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 16 buys and 128 sells, and ownership decreased by a net of 1.02 million shares.



Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Qualys, Inc. (NASDAQ:QLYS)’s short interest is 1.46 million shares, or 4.60% of the float. This represents a decrease of -14% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.

Given what the insider ownership patterns are saying, it makes sense to consider the technicals to see if these pieces of information reach the same conclusion about the outlook for QLYS. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that QLYS is a Strong buy, which implies that QLYS is expected to outperform the market based on prior trading patterns.

Conclusion




Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bearish. Technical indicators (also) suggest that Qualys, Inc. (NASDAQ:QLYS) is undervalued.

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