Sumedh S. Thakar Sells 2,000 Shares of Qualys Inc (NASDAQ:QLYS) Stock

Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 2,000 shares of the company’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $63.39, for a total value of $126,780.00. Following the completion of the transaction, the insider now directly owns 198,340 shares of the company’s stock, valued at approximately $12,572,772.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Qualys Inc (QLYS) traded down $0.65 during trading on Thursday, hitting $64.10. The stock had a trading volume of 149,391 shares, compared to its average volume of 181,483. Qualys Inc has a 52-week low of $32.40 and a 52-week high of $65.25. The company has a market capitalization of $2,411.68, a price-to-earnings ratio of 58.27, a P/E/G ratio of 5.10 and a beta of 0.88.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.10. The company had revenue of $59.49 million during the quarter, compared to analyst estimates of $58.59 million. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the company earned $0.22 earnings per share. research analysts anticipate that Qualys Inc will post 0.65 earnings per share for the current year.

A number of large investors have recently bought and sold shares of QLYS. Schwab Charles Investment Management Inc. boosted its stake in Qualys by 7.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 129,512 shares of the software maker’s stock valued at $5,285,000 after buying an additional 8,925 shares during the period. Rhumbline Advisers raised its position in Qualys by 9.1% during the second quarter. Rhumbline Advisers now owns 59,273 shares of the software maker’s stock valued at $2,418,000 after purchasing an additional 4,968 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Qualys during the second quarter valued at about $103,000. Legal & General Group Plc raised its position in Qualys by 19.2% during the second quarter. Legal & General Group Plc now owns 57,664 shares of the software maker’s stock valued at $2,353,000 after purchasing an additional 9,285 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in Qualys by 62.0% during the second quarter. BNP Paribas Arbitrage SA now owns 9,152 shares of the software maker’s stock valued at $373,000 after purchasing an additional 3,501 shares in the last quarter. 75.34% of the stock is owned by institutional investors.

A number of equities research analysts have commented on the company. Zacks Investment Research lowered Qualys from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. JPMorgan Chase & Co. lowered Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 target price on the stock. in a research report on Tuesday, December 12th. Stifel Nicolaus reiterated a “hold” rating and issued a $60.00 price target on shares of Qualys in a report on Friday, November 3rd. Morgan Stanley lowered Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 price target on the stock. in a report on Tuesday, October 10th. Finally, Summit Redstone upgraded Qualys from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Wednesday, November 1st. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Qualys presently has an average rating of “Hold” and a consensus price target of $54.85.

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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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