Qualys, Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 20,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $56.01, for a total value of $1,120,200.00. Following the transaction, the chairman now owns 5,544,435 shares in the company, valued at approximately $310,543,804.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Qualys, Inc. (NASDAQ:QLYS) traded down $0.05 during mid-day trading on Wednesday, hitting $58.00. The stock had a trading volume of 235,800 shares, compared to its average volume of 289,927. The firm has a market cap of $2,201.23, a P/E ratio of 52.77, a price-to-earnings-growth ratio of 5.23 and a beta of 0.84. Qualys, Inc. has a twelve month low of $30.60 and a twelve month high of $58.40.
Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.10. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The business had revenue of $59.49 million during the quarter, compared to the consensus estimate of $58.59 million. During the same period in the prior year, the company posted $0.22 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. equities analysts expect that Qualys, Inc. will post 0.65 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. purchased a new stake in shares of Qualys during the third quarter worth approximately $101,000. SG Americas Securities LLC purchased a new stake in shares of Qualys during the second quarter worth approximately $103,000. Ameritas Investment Partners Inc. increased its position in shares of Qualys by 17.4% during the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock worth $112,000 after purchasing an additional 408 shares in the last quarter. Thompson Davis & CO. Inc. increased its position in shares of Qualys by 1,100.0% during the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock worth $155,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in shares of Qualys during the third quarter worth approximately $202,000. Hedge funds and other institutional investors own 72.80% of the company’s stock.
A number of brokerages have recently weighed in on QLYS. Imperial Capital restated an “outperform” rating and set a $50.00 price target (up previously from $46.00) on shares of Qualys in a research note on Wednesday, August 9th. Royal Bank Of Canada restated a “hold” rating and set a $45.00 price target on shares of Qualys in a research note on Monday, July 31st. BidaskClub lowered Qualys from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. J P Morgan Chase & Co upgraded Qualys from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $40.00 to $55.00 in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus restated a “hold” rating and set a $60.00 price target on shares of Qualys in a research note on Friday, November 3rd. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $54.36.
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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