Qualys Inc (NASDAQ:QLYS) shares reached a new 52-week high and low on Tuesday . The stock traded as low as $88.35 and last traded at $88.30, with a volume of 14927 shares changing hands. The stock had previously closed at $86.50.
Several research analysts have weighed in on QLYS shares. Zacks Investment Research cut shares of Qualys from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 18th. Morgan Stanley raised their target price on shares of Qualys from $74.00 to $81.00 and gave the stock an “equal weight” rating in a report on Thursday. BidaskClub raised shares of Qualys from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 15th. Imperial Capital raised their target price on shares of Qualys from $83.00 to $85.00 and gave the stock an “outperform” rating in a report on Thursday, May 3rd. Finally, Needham & Company LLC raised their target price on shares of Qualys from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $78.54.
The firm has a market capitalization of $3.33 billion, a P/E ratio of 104.61, a P/E/G ratio of 13.02 and a beta of 0.79.
In related news, Director Todd P. Headley sold 4,982 shares of the stock in a transaction that occurred on Thursday, June 7th. The shares were sold at an average price of $80.75, for a total transaction of $402,296.50. Following the sale, the director now owns 4,714 shares in the company, valued at approximately $380,655.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Amer Deeba sold 2,000 shares of the stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $71.85, for a total transaction of $143,700.00. Following the sale, the vice president now owns 65,342 shares in the company, valued at approximately $4,694,822.70. The disclosure for this sale can be found here. Insiders have sold a total of 44,982 shares of company stock worth $3,443,517 in the last quarter. 18.60% of the stock is currently owned by company insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Redwood Investments LLC acquired a new stake in shares of Qualys during the 1st quarter worth approximately $9,946,000. Allianz Asset Management GmbH boosted its position in shares of Qualys by 16.1% during the 1st quarter. Allianz Asset Management GmbH now owns 8,878 shares of the software maker’s stock worth $646,000 after acquiring an additional 1,231 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Qualys by 4.3% during the 1st quarter. Principal Financial Group Inc. now owns 267,507 shares of the software maker’s stock worth $19,461,000 after acquiring an additional 10,924 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Qualys during the 1st quarter worth approximately $773,000. Finally, Wesbanco Bank Inc. acquired a new stake in shares of Qualys during the 1st quarter worth approximately $1,113,000. Institutional investors and hedge funds own 78.07% of the company’s stock.
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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