Qualys Inc (NASDAQ:QLYS) VP Bruce K. Posey sold 3,000 shares of Qualys stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $87.27, for a total value of $261,810.00. Following the completion of the transaction, the vice president now owns 62,972 shares in the company, valued at approximately $5,495,566.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of QLYS stock opened at $89.46 on Friday. The company’s 50-day moving average price is $87.46. Qualys Inc has a 12 month low of $65.93 and a 12 month high of $98.30. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 75.18 and a beta of 1.36.
Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Wednesday, May 1st. The software maker reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.09). Qualys had a net margin of 21.23% and a return on equity of 15.51%. The firm had revenue of $75.34 million for the quarter, compared to analyst estimates of $74.92 million. During the same period in the previous year, the business posted $0.36 earnings per share. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. Sell-side analysts forecast that Qualys Inc will post 1.34 earnings per share for the current fiscal year.
A number of research firms have issued reports on QLYS. Nomura lifted their target price on Square from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, June 28th. Zacks Investment Research cut Farmland Partners from a “hold” rating to a “sell” rating in a research report on Friday. Morgan Stanley lifted their target price on Zynga and gave the company an “overweight” rating in a research report on Thursday, May 2nd. Wedbush reissued a “buy” rating on shares of Liquidia Technologies in a research note on Thursday, May 2nd. Finally, Summit Redstone lowered Qualys to a “hold” rating and set a $85.00 price target on the stock. in a research note on Monday, March 18th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Qualys has an average rating of “Hold” and a consensus price target of $93.88.
Institutional investors have recently bought and sold shares of the stock. FTB Advisors Inc. lifted 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 worth $31,000 after acquiring an additional 128 shares during the period. Cornerstone Advisors Inc. lifted 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 worth $45,000 after acquiring an additional 165 shares during the period. Sontag Advisory LLC acquired a new position in shares of Qualys in the fourth quarter worth approximately $48,000. Acadian Asset Management LLC acquired a new position in shares of Qualys in the fourth quarter worth approximately $62,000. Finally, Optimum Investment Advisors acquired a new position in shares of Qualys in the first quarter worth approximately $83,000. 85.17% of the stock is currently 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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