Qualys, Inc. (NASDAQ:QLYS) Director Donald R. Dixon sold 83,743 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $58.15, for a total transaction of $4,869,655.45. Following the completion of the sale, the director now owns 196,839 shares of the company’s stock, valued at $11,446,187.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Qualys, Inc. (QLYS) traded down $2.30 on Monday, reaching $56.45. 297,314 shares of the company’s stock were exchanged, compared to its average volume of 291,691. Qualys, Inc. has a one year low of $30.60 and a one year high of $62.35. The stock has a market capitalization of $2,240.00, a PE ratio of 53.41, a price-to-earnings-growth ratio of 5.29 and a beta of 0.87.
Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.10. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The company had revenue of $59.49 million during the quarter, compared to analysts’ expectations of $58.59 million. During the same quarter in the previous year, the company earned $0.22 earnings per share. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. analysts predict that Qualys, Inc. will post 0.65 EPS for the current year.
Several equities research analysts have recently commented on the stock. Imperial Capital reiterated an “outperform” rating and set a $50.00 price objective (up from $46.00) on shares of Qualys in a research note on Wednesday, August 9th. Northland Securities set a $48.00 price objective on shares of Qualys and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Needham & Company LLC reiterated a “buy” rating and set a $70.00 price objective (up from $65.00) on shares of Qualys in a research note on Wednesday, November 1st. Wells Fargo & Company set a $52.00 price objective on shares of Qualys and gave the stock a “hold” rating in a research note on Wednesday, November 1st. Finally, KeyCorp reiterated a “hold” rating on shares of Qualys in a research note on Friday, October 27th. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $54.36.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. purchased a new position in Qualys in the third quarter valued at $101,000. SG Americas Securities LLC purchased a new stake in shares of Qualys during the second quarter worth about $103,000. Ameritas Investment Partners Inc. increased its stake in shares of Qualys by 17.4% during the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock worth $112,000 after purchasing an additional 408 shares in the last quarter. Thompson Davis & CO. Inc. increased its stake in shares of Qualys by 1,100.0% during the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock worth $155,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in shares of Qualys during the third quarter worth about $202,000. 75.37% of the stock is owned by institutional investors.
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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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