Insider Selling: Qualys Inc (QLYS) Insider Sells $169,360.00 in Stock

Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the firm’s stock in a transaction on Monday, June 11th. The shares were sold at an average price of $84.68, for a total transaction of $169,360.00. Following the transaction, the insider now directly owns 170,266 shares of the company’s stock, valued at approximately $14,418,124.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NASDAQ QLYS opened at $89.10 on Thursday. The stock has a market cap of $3.33 billion, a PE ratio of 99.00, a price-to-earnings-growth ratio of 13.02 and a beta of 0.79. Qualys Inc has a 1 year low of $39.45 and a 1 year high of $90.00.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, May 1st. The software maker reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. Qualys had a net margin of 11.40% and a return on equity of 11.88%. The firm had revenue of $64.90 million during the quarter, compared to analysts’ expectations of $63.88 million. During the same period last year, the company earned $0.20 earnings per share. The business’s revenue was up 22.2% on a year-over-year basis. sell-side analysts anticipate that Qualys Inc will post 0.86 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Carillon Tower Advisers Inc. bought a new stake in shares of Qualys in the fourth quarter valued at approximately $586,000. Schwab Charles Investment Management Inc. raised its position in shares of Qualys by 6.6% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 149,393 shares of the software maker’s stock valued at $8,867,000 after purchasing an additional 9,191 shares during the period. Stanley Laman Group Ltd. raised its position in shares of Qualys by 0.6% in the fourth quarter. Stanley Laman Group Ltd. now owns 148,549 shares of the software maker’s stock valued at $8,816,000 after purchasing an additional 866 shares during the period. BlackRock Inc. raised its position in shares of Qualys by 3.7% in the fourth quarter. BlackRock Inc. now owns 3,985,117 shares of the software maker’s stock valued at $236,517,000 after purchasing an additional 141,775 shares during the period. Finally, Teachers Advisors LLC raised its position in shares of Qualys by 262.1% in the fourth quarter. Teachers Advisors LLC now owns 305,878 shares of the software maker’s stock valued at $18,154,000 after purchasing an additional 221,398 shares during the period. Institutional investors and hedge funds own 78.07% of the company’s stock.

A number of equities analysts recently weighed in on QLYS shares. Zacks Investment Research downgraded shares of Qualys from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 5th. Imperial Capital reissued an “outperform” rating and set a $83.00 target price (up previously from $62.00) on shares of Qualys in a research note on Thursday, February 22nd. Needham & Company LLC lifted their target price on shares of Qualys from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. BidaskClub raised shares of Qualys from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 15th. Finally, First Analysis reissued a “weight” rating and set a $80.00 target price (up previously from $70.00) on shares of Qualys in a research note on Friday, February 23rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Qualys presently has a consensus rating of “Hold” and a consensus price target of $77.23.

About Qualys

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.

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

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