Insider Selling: Amer Deeba Unloads 2,000 Shares of Qualys Stock (QLYS)
Qualys (NASDAQ:QLYS) CMO Amer Deeba sold 2,000 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $26.88, for a total value of $53,760.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on QLYS shares. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Qualys in a research note on Tuesday. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Imperial Capital raised their price target on shares of Qualys from $29.00 to $31.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Finally, analysts at JMP Securities raised their price target on shares of Qualys from $25.00 to $30.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $26.09.
Shares of Qualys (NASDAQ:QLYS) traded down 0.15% during mid-day trading on Friday, hitting $26.54. 143,457 shares of the company’s stock traded hands. Qualys has a one year low of $17.76 and a one year high of $29.94. The stock’s 50-day moving average is $25.25 and its 200-day moving average is $24.76. The company has a market cap of $871.0 million and a P/E ratio of 385.22.
Qualys (NASDAQ:QLYS) last announced its earnings results on Monday, August 4th. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.05. The company had revenue of $32.30 million for the quarter, compared to the consensus estimate of $31.64 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 22.8% on a year-over-year basis. On average, analysts predict that Qualys will post $0.32 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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