Qualys CEO Sells $787,369 in Stock (QLYS)
Qualys (NASDAQ:QLYS) CEO Philippe Courtot unloaded 34,174 shares of Qualys stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $23.04, for a total transaction of $787,368.96. Following the completion of the sale, the chief executive officer now directly owns 6,086,341 shares of the company’s stock, valued at approximately $140,229,297. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
QLYS has been the subject of a number of recent research reports. Analysts at Imperial Capital raised their price target on shares of Qualys (NASDAQ:QLYS) from $20.00 to $24.00 in a research note to investors on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at Credit Suisse reiterated a “hold” rating on shares of Qualys (NASDAQ:QLYS) in a research note to investors on Friday, September 13th. They now have a $17.00 price target on the stock. Finally, analysts at Wedbush raised their price target on shares of Qualys (NASDAQ:QLYS) from $20.00 to $23.00 in a research note to investors on Friday, September 13th. They now have an “outperform” rating on the stock.
Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Qualys has an average rating of “Buy” and an average target price of $19.86.
Shares of Qualys (NASDAQ:QLYS) traded down 2.96% during mid-day trading on Friday, hitting $22.30. The stock had a trading volume of 221,552 shares. Qualys has a one year low of $10.15 and a one year high of $23.21. The stock has a 50-day moving average of $19.97 and a 200-day moving average of $15.13. The company has a market cap of $713.6 million and a price-to-earnings ratio of 314.79.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.02. The company had revenue of $26.30 million for the quarter, compared to the consensus estimate of $26.14 million. During the same quarter in the prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. On average, analysts predict that Qualys will post $0.19 earnings per share for the current fiscal year.
Qualys, Inc (NASDAQ:QLYS) is a provider of clouds security and compliance solutions that enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber attacks and achieve compliance with internal policies and external regulations.
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