Qualys, Inc. (QLYS) Insider Sells $117,680.00 in Stock
Qualys, Inc. (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $58.84, for a total transaction of $117,680.00. Following the sale, the insider now directly owns 186,436 shares of the company’s stock, valued at approximately $10,969,894.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Qualys, Inc. (NASDAQ QLYS) traded up $0.25 during midday trading on Friday, hitting $58.45. 518,834 shares of the company’s stock were exchanged, compared to its average volume of 277,938. The stock has a market capitalization of $2,206.92, a PE ratio of 52.91, a P/E/G ratio of 5.24 and a beta of 0.87. Qualys, Inc. has a fifty-two week low of $30.60 and a fifty-two week high of $62.35.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.10. The business had revenue of $59.49 million during the quarter, compared to analysts’ expectations of $58.59 million. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The business’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted $0.22 earnings per share. analysts expect that Qualys, Inc. will post 0.65 earnings per share for the current year.
A number of research firms recently commented on QLYS. J P Morgan Chase & Co cut shares of Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 target price for the company. in a research report on Tuesday. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Saturday, November 4th. Stifel Nicolaus reissued a “hold” rating and set a $60.00 target price on shares of Qualys in a research report on Friday, November 3rd. Summit Redstone raised shares of Qualys from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Wednesday, November 1st. Finally, Wells Fargo & Company set a $52.00 target price on shares of Qualys and gave the company a “hold” rating in a research report on Wednesday, November 1st. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $54.00.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its holdings in shares of Qualys by 7.3% in the second quarter. BlackRock Inc. now owns 3,610,674 shares of the software maker’s stock worth $147,317,000 after buying an additional 245,550 shares during the last quarter. Neuberger Berman Group LLC increased its stake in shares of Qualys by 23.8% in the third quarter. Neuberger Berman Group LLC now owns 2,802,385 shares of the software maker’s stock worth $145,164,000 after acquiring an additional 538,305 shares during the period. Vanguard Group Inc. increased its stake in shares of Qualys by 2.9% in the second quarter. Vanguard Group Inc. now owns 1,589,636 shares of the software maker’s stock worth $64,857,000 after acquiring an additional 45,421 shares during the period. Renaissance Technologies LLC increased its stake in shares of Qualys by 11.5% in the second quarter. Renaissance Technologies LLC now owns 1,023,000 shares of the software maker’s stock worth $41,738,000 after acquiring an additional 105,100 shares during the period. Finally, ETF Managers Group LLC acquired a new stake in shares of Qualys in the second quarter worth $41,523,000. 75.37% of the stock is owned by institutional investors and hedge funds.
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Qualys Company Profile
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 Qualys 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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