Qualys Inc (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 30,000 shares of Qualys stock in a transaction dated Thursday, April 20th. The shares were sold at an average price of $35.74, for a total transaction of $1,072,200.00. Following the transaction, the chairman now owns 5,097,542 shares of the company’s stock, valued at $182,186,151.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Qualys Inc (NASDAQ:QLYS) traded up 1.67% on Friday, reaching $36.45. 303,414 shares of the company’s stock were exchanged. The company has a market cap of $1.33 billion, a PE ratio of 72.90 and a beta of 0.99. Qualys Inc has a 52-week low of $24.14 and a 52-week high of $39.67. The firm’s 50 day moving average price is $35.78 and its 200 day moving average price is $35.29.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Wednesday, February 8th. The software maker reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. Qualys had a net margin of 9.71% and a return on equity of 8.40%. The business had revenue of $52.20 million for the quarter, compared to the consensus estimate of $52.63 million. During the same quarter in the previous year, the firm earned $0.21 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. On average, analysts expect that Qualys Inc will post $0.85 earnings per share for the current year.
A number of research analysts have recently issued reports on the stock. Robert W. Baird reiterated a “hold” rating on shares of Qualys in a report on Tuesday, February 21st. First Analysis cut shares of Qualys from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $42.00 to $37.00 in a report on Thursday, February 9th. Zacks Investment Research upgraded shares of Qualys from a “sell” rating to a “hold” rating in a report on Friday, February 17th. Northland Securities assumed coverage on shares of Qualys in a report on Wednesday, January 25th. They set an “outperform” rating and a $42.00 price objective for the company. Finally, Morgan Stanley assumed coverage on shares of Qualys in a report on Thursday, March 30th. They set an “overweight” rating and a $43.00 price objective for the company. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $37.67.
A number of institutional investors have recently modified their holdings of QLYS. BlackRock Fund Advisors increased its position in shares of Qualys by 20.1% in the third quarter. BlackRock Fund Advisors now owns 1,940,352 shares of the software maker’s stock valued at $74,102,000 after buying an additional 324,201 shares in the last quarter. Columbia Wanger Asset Management LLC increased its position in shares of Qualys by 270.5% in the fourth quarter. Columbia Wanger Asset Management LLC now owns 1,283,428 shares of the software maker’s stock valued at $40,620,000 after buying an additional 936,998 shares in the last quarter. Penserra Capital Management LLC increased its position in shares of Qualys by 2.8% in the third quarter. Penserra Capital Management LLC now owns 947,511 shares of the software maker’s stock valued at $36,185,000 after buying an additional 25,918 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Qualys by 18.9% in the fourth quarter. Renaissance Technologies LLC now owns 731,900 shares of the software maker’s stock valued at $23,165,000 after buying an additional 116,100 shares in the last quarter. Finally, Stephens Investment Management Group LLC boosted its stake in Qualys by 0.4% in the third quarter. Stephens Investment Management Group LLC now owns 727,660 shares of the software maker’s stock valued at $27,789,000 after buying an additional 2,630 shares during the last quarter. 74.32% of the stock is currently owned by institutional investors and hedge funds.
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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