Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 4,083 shares of the business’s stock in a transaction on Tuesday, July 9th. The stock was sold at an average price of $87.33, for a total value of $356,568.39. Following the transaction, the insider now directly owns 185,168 shares of the company’s stock, valued at approximately $16,170,721.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of QLYS opened at $89.46 on Friday. Qualys Inc has a 12-month low of $65.93 and a 12-month high of $98.30. The stock has a 50-day moving average price of $87.46. The firm has a market cap of $3.47 billion, a PE ratio of 75.18 and a beta of 1.36.
Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, May 1st. The software maker reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.09). Qualys had a return on equity of 15.51% and a net margin of 21.23%. The firm had revenue of $75.34 million during the quarter, compared to analyst estimates of $74.92 million. Qualys’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.36 EPS. On average, equities analysts anticipate that Qualys Inc will post 1.34 earnings per share for the current year.
A number of equities analysts have recently commented on QLYS shares. Zacks Investment Research cut Farmland Partners from a “hold” rating to a “sell” rating in a report on Friday. Cowen lowered their price target on Nordstrom from $44.00 to $36.00 and set a “market perform” rating for the company in a report on Thursday, May 23rd. Wedbush reaffirmed a “buy” rating on shares of Liquidia Technologies in a report on Thursday, May 2nd. Summit Redstone cut Qualys to a “hold” rating and set a $85.00 target price for the company. in a report on Monday, March 18th. Finally, BidaskClub raised Westport Fuel Systems from a “hold” rating to a “buy” rating in a report on Friday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Qualys currently has an average rating of “Hold” and a consensus target price of $93.88.
Several hedge funds have recently modified their holdings of QLYS. FTB Advisors Inc. increased its stake in shares of Qualys by 51.0% in the first quarter. FTB Advisors Inc. now owns 379 shares of the software maker’s stock valued at $31,000 after buying an additional 128 shares during the period. Cornerstone Advisors Inc. increased its stake in shares of Qualys by 43.9% in the first quarter. Cornerstone Advisors Inc. now owns 541 shares of the software maker’s stock valued at $45,000 after buying an additional 165 shares during the period. Sontag Advisory LLC acquired a new stake in shares of Qualys in the fourth quarter valued at about $48,000. Acadian Asset Management LLC acquired a new stake in shares of Qualys in the fourth quarter valued at about $62,000. Finally, Optimum Investment Advisors acquired a new stake in shares of Qualys in the first quarter valued at about $83,000. 85.17% of the stock is owned by institutional investors.
Qualys Company Profile
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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