Qualys Inc (QLYS) Insider Sells $575,318.70 in Stock

Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 9,801 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $58.70, for a total value of $575,318.70. Following the completion of the sale, the insider now directly owns 192,280 shares of the company’s stock, valued at $11,286,836. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of Qualys Inc (QLYS) traded up $2.70 during trading on Monday, reaching $62.60. The company had a trading volume of 795,022 shares, compared to its average volume of 214,363. Qualys Inc has a 12 month low of $33.75 and a 12 month high of $65.25. The stock has a market cap of $2,271.38, a PE ratio of 54.45, a price-to-earnings-growth ratio of 4.80 and a beta of 1.02.

Institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. purchased a new position in Qualys during the 3rd quarter valued at about $101,000. Advisory Services Network LLC purchased a new position in Qualys during the 4th quarter valued at about $118,000. Steward Partners Investment Advisory LLC purchased a new position in Qualys during the 4th quarter valued at about $154,000. Ameritas Investment Partners Inc. boosted its holdings in Qualys by 17.4% during the 2nd 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 during the period. Finally, Thompson Davis & CO. Inc. boosted its holdings in Qualys by 1,100.0% during the 3rd 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 during the period. Institutional investors own 75.21% of the company’s stock.

A number of analysts recently issued reports on the company. BidaskClub downgraded Qualys from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 25th. Zacks Investment Research downgraded Qualys from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. 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 research report on Tuesday, December 12th. Stifel Nicolaus reissued a “hold” rating and set a $60.00 price objective on shares of Qualys in a research report on Friday, November 3rd. Finally, Summit Redstone raised Qualys from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research report on Wednesday, November 1st. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Qualys currently has an average rating of “Hold” and a consensus price target of $56.33.

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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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