Insider Selling: Donald Mccauley Unloads 10,250 Shares of Qualys Stock (QLYS)
Qualys (NASDAQ:QLYS) CFO Donald Mccauley unloaded 10,250 shares of the company’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $21.63, for a total transaction of $221,707.50. Following the sale, the chief financial officer now directly owns 108,749 shares in the company, valued at approximately $2,352,241. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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, September 17th. 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 investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $19.86.
Shares of Qualys (NASDAQ:QLYS) traded down 1.41% during mid-day trading on Wednesday, hitting $21.63. The stock had a trading volume of 102,748 shares. Qualys has a 52-week low of $10.15 and a 52-week high of $23.21. The stock’s 50-day moving average is $20.33 and its 200-day moving average is $15.36. The company has a market cap of $692.1 million and a price-to-earnings ratio of 300.55.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Analysts expect that Qualys will post $0.19 EPS 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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