Qualys, Inc. (NASDAQ:QLYS) VP Bruce K. Posey Sells 11,000 Shares
Qualys, Inc. (NASDAQ:QLYS) VP Bruce K. Posey sold 11,000 shares of Qualys stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $46.32, for a total value of $509,520.00. Following the transaction, the vice president now owns 34,495 shares of the company’s stock, valued at $1,597,808.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Shares of Qualys, Inc. (NASDAQ QLYS) traded down 2.77% during mid-day trading on Tuesday, hitting $45.55. 236,054 shares of the stock traded hands. The stock has a 50-day moving average of $41.59 and a 200-day moving average of $38.67. Qualys, Inc. has a 52 week low of $30.08 and a 52 week high of $47.50. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 44.57 and a beta of 0.93.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.08. Qualys had a net margin of 18.92% and a return on equity of 14.69%. The business had revenue of $55.30 million during the quarter, compared to the consensus estimate of $54.87 million. During the same quarter in the prior year, the firm earned $0.20 EPS. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. Analysts anticipate that Qualys, Inc. will post $0.90 EPS for the current year.
Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in Qualys during the second quarter worth about $103,000. State of Alaska Department of Revenue increased its stake in Qualys by 4.8% in the first quarter. State of Alaska Department of Revenue now owns 3,250 shares of the software maker’s stock worth $123,000 after buying an additional 150 shares during the last quarter. LS Investment Advisors LLC increased its stake in Qualys by 226.3% in the first quarter. LS Investment Advisors LLC now owns 3,403 shares of the software maker’s stock worth $129,000 after buying an additional 2,360 shares during the last quarter. US Bancorp DE increased its stake in Qualys by 448.8% in the first quarter. US Bancorp DE now owns 3,743 shares of the software maker’s stock worth $142,000 after buying an additional 3,061 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in Qualys by 131.6% in the first quarter. Victory Capital Management Inc. now owns 3,847 shares of the software maker’s stock worth $146,000 after buying an additional 2,186 shares during the last quarter. Institutional investors own 75.29% of the company’s stock.
Several research analysts recently issued reports on the company. J P Morgan Chase & Co upgraded Qualys from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $40.00 to $55.00 in a research report on Thursday, August 3rd. Zacks Investment Research downgraded Qualys from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada restated a “hold” rating and set a $45.00 price objective on shares of Qualys in a research report on Monday, July 31st. Robert W. Baird set a $42.00 price objective on Qualys and gave the stock a “hold” rating in a research report on Sunday, July 30th. Finally, BidaskClub downgraded Qualys from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $44.92.
Qualys Company Profile
Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.
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