Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of Qualys stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $78.44, for a total transaction of $156,880.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Qualys Inc (NASDAQ QLYS) traded down $0.15 on Monday, reaching $78.30. 322,910 shares of the company’s stock traded hands, compared to its average volume of 278,119. The firm has a market capitalization of $3,030.40, a P/E ratio of 76.77, a price-to-earnings-growth ratio of 5.37 and a beta of 0.81. Qualys Inc has a 52 week low of $33.75 and a 52 week high of $79.40.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Monday, February 12th. The software maker reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.04. Qualys had a net margin of 17.52% and a return on equity of 16.69%. The business had revenue of $62.90 million during the quarter, compared to the consensus estimate of $61.96 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The business’s revenue for the quarter was up 20.5% compared to the same quarter last year. analysts anticipate that Qualys Inc will post 0.86 EPS for the current year.
Large investors have recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new stake in shares of Qualys during the third quarter worth $101,000. Advisory Services Network LLC acquired a new stake in shares of Qualys during the fourth quarter worth $118,000. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Qualys by 125.4% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,516 shares of the software maker’s stock worth $150,000 after buying an additional 1,400 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Qualys during the fourth quarter worth $154,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Qualys during the fourth quarter worth $196,000. Institutional investors and hedge funds own 79.50% of the company’s stock.
Several equities analysts recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and set a $85.00 price objective (up from $80.00) on shares of Qualys in a report on Tuesday, March 6th. First Analysis reissued a “weight” rating and set a $80.00 price objective (up from $70.00) on shares of Qualys in a report on Friday, February 23rd. Imperial Capital reissued an “outperform” rating and set a $83.00 price objective (up from $62.00) on shares of Qualys in a report on Thursday, February 22nd. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “strong-buy” rating and set a $78.00 price objective on the stock in a report on Friday, February 16th. Finally, BidaskClub raised shares of Qualys from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 15th. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $68.92.
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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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