Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CEO Sumedh S. Thakar sold 4,034 shares of the business's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $163.96, for a total transaction of $661,414.64. Following the completion of the sale, the chief executive officer now owns 193,608 shares in the company, valued at $31,743,967.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Qualys Trading Down 1.0 %
NASDAQ QLYS opened at $162.75 on Thursday. The company has a fifty day simple moving average of $166.74 and a 200 day simple moving average of $175.13. The company has a market cap of $6.02 billion, a P/E ratio of 40.28 and a beta of 0.51. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35.
Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.26. The business had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Qualys had a net margin of 27.34% and a return on equity of 49.06%. Equities research analysts forecast that Qualys, Inc. will post 3.35 EPS for the current fiscal year.
Hedge Funds Weigh In On Qualys
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Several large investors have recently bought and sold shares of QLYS. HighTower Advisors LLC raised its stake in Qualys by 3.9% during the 1st quarter. HighTower Advisors LLC now owns 8,057 shares of the software maker's stock valued at $1,155,000 after purchasing an additional 303 shares during the last quarter. Bank of Montreal Can raised its stake in Qualys by 70.1% during the 1st quarter. Bank of Montreal Can now owns 5,721 shares of the software maker's stock valued at $822,000 after purchasing an additional 2,358 shares during the last quarter. Panagora Asset Management Inc. acquired a new position in Qualys during the 1st quarter valued at $1,224,000. Rhumbline Advisers raised its stake in Qualys by 2.1% during the 1st quarter. Rhumbline Advisers now owns 91,561 shares of the software maker's stock valued at $13,039,000 after purchasing an additional 1,904 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Qualys by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,237 shares of the software maker's stock valued at $1,743,000 after purchasing an additional 1,167 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
QLYS has been the topic of several research reports. Stephens reiterated an "equal weight" rating and issued a $190.00 price target on shares of Qualys in a research report on Thursday, February 8th. StockNews.com raised Qualys from a "hold" rating to a "buy" rating in a research note on Saturday, April 13th. Royal Bank of Canada dropped their price target on Qualys from $212.00 to $180.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 8th. Wedbush lowered their price objective on shares of Qualys from $230.00 to $210.00 and set an "outperform" rating on the stock in a research report on Thursday, February 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Qualys from $146.00 to $152.00 and gave the company an "underweight" rating in a research report on Thursday, February 8th. Four analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $153.23.
Read Our Latest Analysis on QLYS
About Qualys
(
Get Free Report)
Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.
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