Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $63.39, for a total value of $126,780.00. Following the completion of the sale, the insider now owns 198,340 shares in the company, valued at approximately $12,572,772.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Qualys Inc (NASDAQ:QLYS) opened at $63.90 on Friday. The stock has a market capitalization of $2,423.09, a P/E ratio of 58.09, a P/E/G ratio of 5.13 and a beta of 0.88. Qualys Inc has a 12-month low of $32.40 and a 12-month high of $64.40.

Qualys (NASDAQ:QLYS) last issued 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 for the quarter, compared to the consensus estimate of $58.59 million. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.22 earnings per share. equities research analysts anticipate that Qualys Inc will post 0.65 earnings per share for the current fiscal year.

A number of brokerages have recently weighed in on QLYS. Zacks Investment Research lowered Qualys from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. JPMorgan Chase & Co. lowered Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 target price on the stock. in a research note on Tuesday, December 12th. Stifel Nicolaus reiterated a “hold” rating and set a $60.00 target price on shares of Qualys in a research note on Friday, November 3rd. Summit Redstone upgraded Qualys from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Wednesday, November 1st. Finally, Wells Fargo & Co set a $52.00 target price on Qualys and gave the stock a “hold” rating in a research note on Wednesday, November 1st. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $54.85.

A number of large investors have recently modified their holdings of QLYS. Schwab Charles Investment Management Inc. grew its position in Qualys by 7.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 129,512 shares of the software maker’s stock worth $5,285,000 after buying an additional 8,925 shares in the last quarter. Rhumbline Advisers grew its position in Qualys by 9.1% during the second quarter. Rhumbline Advisers now owns 59,273 shares of the software maker’s stock worth $2,418,000 after buying an additional 4,968 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Qualys during the second quarter worth approximately $103,000. Legal & General Group Plc grew its position in Qualys by 19.2% during the second quarter. Legal & General Group Plc now owns 57,664 shares of the software maker’s stock worth $2,353,000 after buying an additional 9,285 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in Qualys by 62.0% during the second quarter. BNP Paribas Arbitrage SA now owns 9,152 shares of the software maker’s stock worth $373,000 after buying an additional 3,501 shares in the last quarter. 75.34% of the stock is currently 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.

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

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