Qualys CEO Sells $23,000 in Stock (QLYS)
Qualys (NASDAQ:QLYS) CEO Philippe Courtot unloaded 1,000 shares of Qualys stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $23.00, for a total value of $23,000.00. Following the completion of the transaction, the chief executive officer now directly owns 6,085,341 shares in the company, valued at approximately $139,962,843. The sale was disclosed in a 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 analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $19.86.
Qualys (NASDAQ:QLYS) opened at 21.94 on Wednesday. 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 $20.26 and its 200-day moving average is $15.31. The company has a market cap of $702.1 million and a P/E ratio of 300.55.
Qualys (NASDAQ:QLYS) last announced its earnings results 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. 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.