Qualys VP Unloads $25,296 in Stock (QLYS)
Qualys (NASDAQ:QLYS) VP Sumedh Thakar sold 1,200 shares of the company’s stock on the open market in a transaction dated Monday, October 7th. The shares were sold at an average price of $21.08, for a total transaction of $25,296.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Qualys (NASDAQ:QLYS) traded down 0.99% during mid-day trading on Monday, hitting $21.02. 64,567 shares of the company’s stock traded hands. 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 $20.93 and its 200-day moving average is $15.80. The company has a market cap of $672.6 million and a P/E ratio of 290.82.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.05 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.02 earnings per share. Qualys’s revenue was up 18.5% compared to the same quarter last year.
Several analysts have recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of Qualys 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 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 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 issued a buy rating to the company’s stock. Qualys has a consensus rating of “Buy” and a consensus target price of $19.86.
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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