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

Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of Qualys stock in a transaction 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 transaction, the insider now directly owns 198,340 shares in the company, valued at $12,572,772.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Qualys Inc (QLYS) opened at $64.35 on Friday. Qualys Inc has a twelve month low of $32.40 and a twelve month high of $65.25. The company has a market capitalization of $2,430.64, a PE ratio of 58.27, a PEG ratio of 5.14 and a beta of 0.88.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.31 EPS 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 company had revenue of $59.49 million during the quarter, compared to analyst estimates of $58.59 million. During the same quarter in the previous year, the firm earned $0.22 earnings per share. Qualys’s revenue was up 16.7% on a year-over-year basis. analysts anticipate that Qualys Inc will post 0.65 earnings per share for the current fiscal year.

QLYS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 target price on the stock. in a research note on Tuesday, December 12th. Zacks Investment Research upgraded 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. Stifel Nicolaus reiterated a “hold” rating and set a $60.00 target price on shares of Qualys in a research note on Friday, November 3rd. Wells Fargo & Co set a $52.00 price objective on Qualys and gave the company a “hold” rating in a research note on Wednesday, November 1st. Finally, Morgan Stanley cut Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 price objective on the stock. in a research note on Tuesday, October 10th. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Qualys currently has an average rating of “Hold” and a consensus target price of $54.85.

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in Qualys by 12.9% in the second quarter. State Street Corp now owns 721,149 shares of the software maker’s stock worth $29,421,000 after buying an additional 82,251 shares in the last quarter. Pier 88 Investment Partners LLC boosted its stake in Qualys by 62.8% in the third quarter. Pier 88 Investment Partners LLC now owns 10,633 shares of the software maker’s stock worth $551,000 after buying an additional 4,100 shares in the last quarter. Prudential Financial Inc. boosted its stake in Qualys by 3.8% in the third quarter. Prudential Financial Inc. now owns 52,590 shares of the software maker’s stock worth $2,724,000 after buying an additional 1,920 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Qualys by 2.7% in the second quarter. Wells Fargo & Company MN now owns 175,591 shares of the software maker’s stock worth $7,164,000 after buying an additional 4,622 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Qualys by 24.8% in the second quarter. Alliancebernstein L.P. now owns 50,768 shares of the software maker’s stock worth $2,071,000 after buying an additional 10,083 shares in the last quarter. 75.34% of the stock is owned by institutional investors.

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Qualys Company Profile

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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