Qualys Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 30,000 shares of the stock in a transaction dated Monday, September 12th. The stock was sold at an average price of $35.54, for a total value of $1,066,200.00. Following the completion of the sale, the chairman now directly owns 5,172,542 shares of the company’s stock, valued at $183,832,142.68. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Qualys Inc. (NASDAQ:QLYS) opened at 36.56 on Monday. Qualys Inc. has a 12-month low of $16.96 and a 12-month high of $39.74. The firm has a 50-day moving average price of $33.35 and a 200-day moving average price of $29.34. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 76.17 and a beta of 1.10.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The company had revenue of $48.50 million for the quarter, compared to analyst estimates of $48.01 million. Qualys had a return on equity of 8.28% and a net margin of 9.84%. The company’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 earnings per share. Equities research analysts anticipate that Qualys Inc. will post $0.79 EPS for the current year.

Several research analysts have weighed in on QLYS shares. Zacks Investment Research raised Qualys from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Tuesday, August 9th. Summit Redstone reaffirmed a “hold” rating and issued a $30.00 target price on shares of Qualys in a research report on Friday, July 22nd. Wunderlich upped their target price on Qualys from $26.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, August 4th. Imperial Capital reaffirmed an “outperform” rating and issued a $30.00 target price on shares of Qualys in a research report on Monday, July 25th. Finally, First Analysis upped their target price on Qualys from $36.00 to $41.00 and gave the stock an “overweight” rating in a research report on Monday, September 12th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $33.84.

Hedge funds have recently modified their holdings of the stock. BlackRock Fund Advisors raised its stake in shares of Qualys by 146.1% in the first quarter. BlackRock Fund Advisors now owns 1,518,859 shares of the company’s stock worth $38,442,000 after buying an additional 901,656 shares during the period. TIAA CREF Investment Management LLC raised its stake in shares of Qualys by 22.6% in the first quarter. TIAA CREF Investment Management LLC now owns 191,057 shares of the company’s stock worth $4,836,000 after buying an additional 35,223 shares during the period. Stanley Laman Group Ltd. purchased a new stake in shares of Qualys during the second quarter worth approximately $205,000. A.R.T. Advisors LLC purchased a new stake in shares of Qualys during the first quarter worth approximately $1,374,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Qualys during the first quarter worth approximately $419,000. Institutional investors own 70.14% of the company’s stock.

About Qualys

Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.

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