Qualys (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the company’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $78.44, for a total transaction of $156,880.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of NASDAQ QLYS traded down $2.00 during midday trading on Friday, reaching $74.05. 278,072 shares of the stock traded hands, compared to its average volume of 291,690. The company has a market capitalization of $2,893.27, a P/E ratio of 82.28, a P/E/G ratio of 5.12 and a beta of 0.84. Qualys has a one year low of $34.80 and a one year high of $79.40.
Qualys (NASDAQ:QLYS) last posted its earnings results on Monday, February 12th. The software maker reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The firm had revenue of $62.90 million during the quarter, compared to the consensus estimate of $61.96 million. Qualys had a return on equity of 16.69% and a net margin of 17.52%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 EPS. equities analysts expect that Qualys will post 0.86 EPS for the current fiscal year.
Several research firms recently issued reports on QLYS. Needham & Company LLC increased their target price on shares of Qualys from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. Northland Securities set a $70.00 price target on Qualys and gave the stock a “buy” rating in a research note on Tuesday, February 13th. BidaskClub downgraded Qualys from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 25th. Zacks Investment Research downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $67.00 price target on shares of Qualys in a research note on Tuesday, February 13th. Nine analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $68.92.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new position in shares of Qualys during the 3rd quarter valued at approximately $101,000. Advisory Services Network LLC bought a new position in shares of Qualys during the 4th quarter valued at approximately $118,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Qualys by 125.4% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,516 shares of the software maker’s stock valued at $150,000 after acquiring an additional 1,400 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Qualys during the 4th quarter valued at approximately $154,000. Finally, C M Bidwell & Associates Ltd. bought a new position in shares of Qualys during the 4th quarter valued at approximately $196,000. Hedge funds and other institutional investors own 79.47% of the company’s stock.
Qualys Company Profile
Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
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