Sumedh S. Thakar Sells 2,000 Shares of Qualys Inc (QLYS) Stock

Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of Qualys stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $63.39, for a total transaction of $126,780.00. Following the completion of the transaction, the insider now owns 198,340 shares in the company, valued at approximately $12,572,772.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Qualys Inc (NASDAQ QLYS) opened at $63.90 on Friday. The stock has a market cap of $2,415.47, a price-to-earnings ratio of 57.91, a price-to-earnings-growth ratio of 5.11 and a beta of 0.88. Qualys Inc has a 52 week low of $32.40 and a 52 week high of $64.40.

Qualys (NASDAQ:QLYS) last issued its earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.10. The company had revenue of $59.49 million during the quarter, compared to analyst estimates of $58.59 million. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. equities research analysts anticipate that Qualys Inc will post 0.65 earnings per share for the current year.

Several research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Qualys from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Northland Securities set a $48.00 price target on shares of Qualys and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Needham & Company LLC reiterated a “buy” rating and set a $70.00 price objective (up from $65.00) on shares of Qualys in a research report on Wednesday, November 1st. Wells Fargo & Co set a $52.00 price objective on shares of Qualys and gave the stock a “hold” rating in a research report on Wednesday, November 1st. Finally, KeyCorp reiterated a “hold” rating on shares of Qualys in a research report on Friday, October 27th. Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $54.85.

Several large investors have recently modified their holdings of the business. Neuberger Berman Group LLC boosted its stake in shares of Qualys by 23.8% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,802,385 shares of the software maker’s stock valued at $145,164,000 after buying an additional 538,305 shares during the period. California Public Employees Retirement System acquired a new stake in shares of Qualys during the 3rd quarter valued at $335,000. Bamco Inc. NY boosted its stake in shares of Qualys by 9.2% during the 3rd quarter. Bamco Inc. NY now owns 831,600 shares of the software maker’s stock valued at $43,077,000 after buying an additional 70,000 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of Qualys during the 3rd quarter valued at $275,000. Finally, Janus Henderson Group PLC acquired a new stake in shares of Qualys during the 3rd quarter valued at $202,000. 75.34% of the stock is owned by institutional investors.

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About Qualys

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.

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

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