Qualys, Inc. (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $58.84, for a total value of $117,680.00. Following the completion of the sale, the insider now directly owns 186,436 shares of the company’s stock, valued at approximately $10,969,894.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Qualys, Inc. (QLYS) traded down $0.20 during trading on Wednesday, reaching $57.30. The company’s stock had a trading volume of 345,399 shares, compared to its average volume of 289,485. The stock has a market capitalization of $2,237.25, a price-to-earnings ratio of 53.64, a P/E/G ratio of 5.31 and a beta of 0.87. Qualys, Inc. has a fifty-two week low of $30.60 and a fifty-two week high of $62.35.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.31 EPS for the quarter, beating the consensus estimate of $0.21 by $0.10. The business had revenue of $59.49 million during the quarter, compared to analyst estimates of $58.59 million. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 earnings per share. sell-side analysts forecast that Qualys, Inc. will post 0.65 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the business. Advisors Asset Management Inc. bought a new position in shares of Qualys during the third quarter valued at $101,000. SG Americas Securities LLC bought a new position in shares of Qualys during the second quarter valued at $103,000. Ameritas Investment Partners Inc. increased its holdings in shares of Qualys by 17.4% during the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock valued at $112,000 after acquiring an additional 408 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in shares of Qualys by 1,100.0% during the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock valued at $155,000 after acquiring an additional 2,750 shares in the last quarter. Finally, Janus Henderson Group PLC bought a new position in shares of Qualys during the third quarter valued at $202,000. 75.37% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently commented on QLYS. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 price target (up previously from $65.00) on shares of Qualys in a research note on Wednesday, November 1st. Northland Securities set a $48.00 price target on Qualys and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Summit Redstone raised Qualys from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a research note on Wednesday, November 1st. KeyCorp reaffirmed a “hold” rating on shares of Qualys in a research note on Friday, October 27th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $61.00 price target on shares of Qualys in a research note on Wednesday, November 1st. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Qualys presently has a consensus rating of “Hold” and an average target price of $54.00.

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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.

Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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