Qualys, Inc. (NASDAQ:QLYS) CEO Philippe F. Courtot sold 20,000 shares of Qualys stock in a transaction on Friday, November 10th. The stock was sold at an average price of $56.74, for a total transaction of $1,134,800.00. Following the transaction, the chief executive officer now owns 5,564,435 shares in the company, valued at approximately $315,726,041.90. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Qualys, Inc. (QLYS) opened at $58.00 on Wednesday. The company has a market cap of $2,201.23, a price-to-earnings ratio of 52.77, a price-to-earnings-growth ratio of 5.23 and a beta of 0.84. Qualys, Inc. has a one year low of $30.60 and a one year high of $58.40.
Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 EPS for the quarter, topping the consensus estimate of $0.21 by $0.10. The business had revenue of $59.49 million for the quarter, compared to analysts’ expectations of $58.59 million. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.22 EPS. analysts expect that Qualys, Inc. will post 0.65 earnings per share for the current year.
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Hedge funds have recently made changes to their positions in the business. Advisors Asset Management Inc. purchased a new stake in Qualys in the 3rd quarter worth $101,000. SG Americas Securities LLC bought a new stake in shares of Qualys in the 2nd quarter worth about $103,000. Ameritas Investment Partners Inc. increased its holdings in shares of Qualys by 17.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock worth $112,000 after buying an additional 408 shares during the last quarter. Thompson Davis & CO. Inc. increased its holdings in shares of Qualys by 1,100.0% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock worth $155,000 after buying an additional 2,750 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new stake in shares of Qualys in the 3rd quarter worth about $202,000. Institutional investors and hedge funds own 72.80% of the company’s stock.
A number of research analysts recently weighed in on QLYS shares. Zacks Investment Research upgraded shares of Qualys from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research note on Saturday, November 4th. Morgan Stanley cut shares of Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 target price on the stock. in a research note on Tuesday, October 10th. Northland Securities set a $48.00 target price on shares of Qualys and gave the company a “buy” rating in a research note on Wednesday, October 18th. Wells Fargo & Company set a $52.00 target price on shares of Qualys and gave the company a “hold” rating in a research note on Wednesday, November 1st. Finally, BidaskClub cut shares of Qualys from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Ten equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average 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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