Qualys, Inc. (NASDAQ:QLYS) CEO Sells $954,240.00 in Stock

Qualys, Inc. (NASDAQ:QLYSGet Free Report) CEO Sumedh S. Thakar sold 7,000 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $136.32, for a total value of $954,240.00. Following the sale, the chief executive officer now directly owns 186,601 shares of the company’s stock, valued at $25,437,448.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Qualys Stock Performance

Shares of NASDAQ:QLYS opened at $132.78 on Thursday. Qualys, Inc. has a 1 year low of $122.53 and a 1 year high of $206.35. The stock has a market capitalization of $4.90 billion, a P/E ratio of 30.74 and a beta of 0.47. The stock has a 50-day simple moving average of $151.41 and a 200-day simple moving average of $170.02.

Qualys (NASDAQ:QLYSGet Free Report) last issued its earnings results on Tuesday, May 7th. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17. Qualys had a return on equity of 47.28% and a net margin of 28.48%. The business had revenue of $145.81 million during the quarter, compared to analysts’ expectations of $145.67 million. Analysts predict that Qualys, Inc. will post 3.41 earnings per share for the current year.

Hedge Funds Weigh In On Qualys

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale lifted its position in Qualys by 36.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 20,576 shares of the software maker’s stock worth $3,374,000 after acquiring an additional 5,508 shares in the last quarter. Cetera Advisors LLC acquired a new position in shares of Qualys in the 1st quarter valued at approximately $209,000. Comerica Bank raised its position in shares of Qualys by 3.3% in the 1st quarter. Comerica Bank now owns 21,380 shares of the software maker’s stock valued at $3,568,000 after purchasing an additional 688 shares in the last quarter. Tidal Investments LLC raised its position in shares of Qualys by 192.8% in the 1st quarter. Tidal Investments LLC now owns 3,402 shares of the software maker’s stock valued at $568,000 after purchasing an additional 2,240 shares in the last quarter. Finally, Levin Capital Strategies L.P. bought a new stake in shares of Qualys in the 1st quarter valued at approximately $374,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on QLYS. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a report on Monday, May 13th. TD Cowen began coverage on Qualys in a research note on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price target for the company. Truist Financial dropped their price objective on Qualys from $175.00 to $165.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. Scotiabank began coverage on Qualys in a research report on Friday, April 26th. They set a “sector perform” rating and a $172.00 price objective for the company. Finally, Robert W. Baird dropped their price objective on Qualys from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Wednesday, May 8th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Qualys currently has a consensus rating of “Hold” and an average price target of $162.23.

Read Our Latest Stock Report on QLYS

Qualys Company Profile

(Get Free Report)

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.

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

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