Insider Selling: Qualys VP Sells 10,000 Shares of Stock (QLYS)
Qualys (NASDAQ:QLYS) VP Peter Albert sold 10,000 shares of the stock on the open market in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $25.03, for a total value of $250,300.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
QLYS has been the subject of a number of recent research reports. Analysts at BMO Capital Markets initiated coverage on shares of Qualys in a research note to investors on Thursday, December 19th. They set a “market perform” rating and a $25.00 price target on the stock. Separately, analysts at JMP Securities raised their price target on shares of Qualys from $18.00 to $27.00 in a research note to investors on Tuesday, November 5th. They now have a “market outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Qualys from an “overweight” rating to a “neutral” rating in a research note to investors on Friday, October 18th. They now have a $24.00 price target on the stock, up previously from $20.00. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $21.89.
Qualys (NASDAQ:QLYS) traded up 3.81% on Tuesday, hitting $26.67. The stock had a trading volume of 163,115 shares. Qualys has a 52 week low of $10.15 and a 52 week high of $25.98. The stock’s 50-day moving average is $23.46 and its 200-day moving average is $20.36. The company has a market cap of $860.1 million and a P/E ratio of 338.03.
Qualys (NASDAQ:QLYS) last released its earnings data on Monday, November 4th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.05 by $0.03. The company had revenue of $27.70 million for the quarter, compared to the consensus estimate of $27.46 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 18.4% on a year-over-year basis. On average, analysts predict that Qualys will post $0.20 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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