Qualys Inc (NASDAQ:QLYS) CEO Philippe F. Courtot sold 34,082 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $83.82, for a total transaction of $2,856,753.24. Following the sale, the chief executive officer now directly owns 5,614,522 shares of the company’s stock, valued at approximately $470,609,234.04. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of QLYS stock opened at $85.22 on Wednesday. The firm’s 50 day moving average price is $79.19 and its 200-day moving average price is $84.13. Qualys Inc has a one year low of $65.93 and a one year high of $97.12. The firm has a market cap of $3.25 billion, a P/E ratio of 71.61 and a beta of 1.38.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Wednesday, October 30th. The software maker reported $0.66 EPS for the quarter, topping the consensus estimate of $0.53 by $0.13. Qualys had a net margin of 20.27% and a return on equity of 18.15%. The firm had revenue of $82.70 million for the quarter, compared to analyst estimates of $82.37 million. During the same period in the prior year, the business posted $0.49 EPS. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. Analysts forecast that Qualys Inc will post 1.58 EPS for the current fiscal year.

Several research firms have recently weighed in on QLYS. BidaskClub raised shares of Qualys from a “sell” rating to a “hold” rating in a research note on Monday, October 28th. ValuEngine cut shares of Qualys from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. SunTrust Banks began coverage on shares of Qualys in a research note on Wednesday, October 2nd. They issued a “hold” rating and a $85.00 price target for the company. Rosenblatt Securities reissued a “hold” rating and issued a $85.00 price target on shares of Qualys in a research note on Thursday, October 31st. Finally, Northland Securities set a $100.00 price target on shares of Qualys and gave the company a “buy” rating in a research note on Friday, September 13th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $94.56.

Several hedge funds have recently modified their holdings of the company. Wakefield Asset Management LLLP lifted its holdings in shares of Qualys by 2.1% in the 3rd quarter. Wakefield Asset Management LLLP now owns 6,235 shares of the software maker’s stock worth $471,000 after acquiring an additional 129 shares during the last quarter. BB&T Securities LLC lifted its holdings in Qualys by 3.6% during the 2nd quarter. BB&T Securities LLC now owns 3,763 shares of the software maker’s stock worth $327,000 after buying an additional 131 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Qualys by 1.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 13,317 shares of the software maker’s stock worth $1,160,000 after buying an additional 200 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its holdings in Qualys by 2.0% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 10,130 shares of the software maker’s stock worth $882,000 after buying an additional 200 shares in the last quarter. Finally, We Are One Seven LLC lifted its holdings in Qualys by 3.8% during the 3rd quarter. We Are One Seven LLC now owns 5,873 shares of the software maker’s stock worth $444,000 after buying an additional 214 shares in the last quarter. Hedge funds and other institutional investors own 85.94% of the company’s stock.

About Qualys

Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.

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Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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