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Qualys (NASDAQ:QLYS) VP Sumedh Thakar sold 1,200 shares of the company’s stock on the open market in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $26.44, for a total transaction of $31,728.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

A number of research firms have recently commented on QLYS. 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 equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Qualys currently has a consensus rating of “Buy” and a consensus target price of $21.89.

Shares of Qualys (NASDAQ:QLYS) traded down 5.06% on Wednesday, hitting $25.32. 200,667 shares of the company’s stock traded hands. Qualys has a 1-year low of $10.15 and a 1-year high of $26.98. The stock has a 50-day moving average of $23.62 and a 200-day moving average of $20.45. The company has a market cap of $816.6 million and a P/E ratio of 350.92.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 18.4% on a year-over-year basis. Analysts expect that Qualys will post $0.20 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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