Philippe F. Courtot Sells 40,000 Shares of Qualys, Inc. (QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $57.78, for a total transaction of $2,311,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Qualys, Inc. (QLYS) traded up $0.45 during trading on Friday, hitting $58.05. 251,000 shares of the stock traded hands, compared to its average volume of 289,460. The stock has a market cap of $2,200.00, a PE ratio of 52.36, a P/E/G ratio of 5.19 and a beta of 0.84. Qualys, Inc. has a 1-year low of $30.60 and a 1-year high of $58.80.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 EPS. analysts anticipate that Qualys, Inc. will post 0.65 earnings per share for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisors Asset Management Inc. purchased a new stake in Qualys in the third quarter valued at $101,000. SG Americas Securities LLC purchased a new stake in Qualys in the second quarter valued at $103,000. Ameritas Investment Partners Inc. lifted its position in Qualys by 17.4% in the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock valued at $112,000 after acquiring an additional 408 shares during the last quarter. Thompson Davis & CO. Inc. lifted its position in Qualys by 1,100.0% in the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock valued at $155,000 after acquiring an additional 2,750 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in Qualys in the third quarter valued at $202,000. 72.80% of the stock is owned by hedge funds and other institutional investors.

QLYS has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Qualys from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a report on Thursday, July 20th. BidaskClub downgraded shares of Qualys from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Northland Securities set a $48.00 target price on shares of Qualys and gave the company a “buy” rating in a report on Saturday, July 22nd. Needham & Company LLC initiated coverage on shares of Qualys in a report on Monday, October 23rd. They issued a “buy” rating and a $65.00 target price for the company. Finally, Summit Redstone upgraded shares of Qualys from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a report on Wednesday, November 1st. Ten analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Qualys currently has a consensus rating of “Hold” and an average target price of $54.36.

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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