Qualys, Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 40,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $57.99, for a total value of $2,319,600.00. Following the completion of the transaction, the chairman now directly owns 5,564,435 shares of the company’s stock, valued at $322,681,585.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Qualys, Inc. (NASDAQ QLYS) opened at $58.65 on Friday. Qualys, Inc. has a twelve month low of $30.60 and a twelve month high of $58.80. The stock has a market capitalization of $2,224.01, a PE ratio of 53.32, a P/E/G ratio of 5.28 and a beta of 0.84.
Qualys (NASDAQ:QLYS) last released its 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 business had revenue of $59.49 million for the quarter, compared to analyst estimates of $58.59 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. Qualys’s revenue was up 16.7% on a year-over-year basis. equities analysts expect that Qualys, Inc. will post 0.65 earnings per share for the current fiscal year.
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A number of research analysts have issued reports on the company. BidaskClub cut Qualys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. 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. KeyCorp reaffirmed a “hold” rating on shares of Qualys in a research report on Friday, October 27th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $45.00 price objective on shares of Qualys in a research report on Monday, July 31st. Finally, Robert W. Baird set a $42.00 price objective on Qualys and gave the stock a “hold” rating in a research report on Sunday, July 30th. Ten research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $54.36.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in QLYS. Pinebridge Investments L.P. raised its stake in Qualys by 2.9% in the second quarter. Pinebridge Investments L.P. now owns 3,952 shares of the software maker’s stock valued at $161,000 after buying an additional 110 shares during the period. Louisiana State Employees Retirement System raised its stake in Qualys by 1.7% in the second quarter. Louisiana State Employees Retirement System now owns 12,200 shares of the software maker’s stock valued at $498,000 after buying an additional 200 shares during the period. Arizona State Retirement System raised its stake in Qualys by 2.0% in the second quarter. Arizona State Retirement System now owns 15,600 shares of the software maker’s stock valued at $636,000 after buying an additional 300 shares during the period. Ameritas Investment Partners Inc. raised its stake in Qualys by 17.4% in the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock valued at $112,000 after buying an additional 408 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its stake in Qualys by 7.3% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,090 shares of the software maker’s stock valued at $289,000 after buying an additional 480 shares during the period. Institutional investors and hedge funds own 72.80% of the company’s stock.
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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