Sumedh S. Thakar Sells 2,000 Shares of Qualys Inc (QLYS) Stock
Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $63.39, for a total value of $126,780.00. Following the transaction, the insider now directly owns 198,340 shares in the company, valued at approximately $12,572,772.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Qualys Inc (NASDAQ QLYS) traded up $1.15 during trading on Thursday, hitting $63.70. The company’s stock had a trading volume of 130,688 shares, compared to its average volume of 239,472. Qualys Inc has a 12 month low of $32.40 and a 12 month high of $64.40. The company has a market capitalization of $2,420.00, a P/E ratio of 57.39, a P/E/G ratio of 5.07 and a beta of 0.88.
Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.10. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The company had revenue of $59.49 million during the quarter, compared to the consensus estimate of $58.59 million. During the same period in the prior year, the company earned $0.22 earnings per share. The company’s revenue for the quarter was up 16.7% compared to the same quarter last year. sell-side analysts predict that Qualys Inc will post 0.65 earnings per share for the current fiscal year.
A number of equities research analysts recently commented on QLYS shares. Robert W. Baird reiterated a “hold” rating and issued a $61.00 price objective on shares of Qualys in a report on Wednesday, November 1st. JPMorgan Chase & Co. downgraded Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 price objective for the company. in a report on Tuesday, December 12th. Zacks Investment Research upgraded Qualys from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a report on Saturday, November 4th. Summit Redstone upgraded Qualys from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Wednesday, November 1st. Finally, Needham & Company LLC started coverage on Qualys in a report on Monday, October 23rd. They issued a “buy” rating and a $65.00 price objective for the company. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $54.85.
ILLEGAL ACTIVITY NOTICE: “Sumedh S. Thakar Sells 2,000 Shares of Qualys Inc (QLYS) Stock” was reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this report can be read at https://www.americanbankingnews.com/2018/01/11/sumedh-s-thakar-sells-2000-shares-of-qualys-inc-qlys-stock.html.
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.
Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.