Qualys, Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 40,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $57.99, for a total transaction of $2,319,600.00. Following the sale, the chairman now directly owns 5,564,435 shares of the company’s stock, valued at approximately $322,681,585.65. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Qualys, Inc. (NASDAQ:QLYS) traded up $0.60 during mid-day trading on Friday, reaching $58.65. The company’s stock had a trading volume of 237,273 shares, compared to its average volume of 322,625. Qualys, Inc. has a 1-year low of $30.60 and a 1-year high of $58.80. The company has a market cap of $2,220.00, a P/E ratio of 52.73, a price-to-earnings-growth ratio of 5.22 and a beta of 0.84.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ 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 during the quarter, compared to the consensus estimate of $58.59 million. During the same period in the prior year, the company posted $0.22 EPS. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. sell-side analysts expect that Qualys, Inc. will post 0.65 EPS for the current fiscal year.
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A number of hedge funds have recently bought and sold shares of QLYS. BlackRock Inc. boosted its stake in Qualys by 157,222.3% in the 1st quarter. BlackRock Inc. now owns 3,365,124 shares of the software maker’s stock worth $127,537,000 after purchasing an additional 3,362,985 shares during the period. ETF Managers Group LLC bought a new position in Qualys in the 2nd quarter worth approximately $41,523,000. Neuberger Berman Group LLC boosted its stake in Qualys by 23.8% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,802,385 shares of the software maker’s stock worth $145,164,000 after purchasing an additional 538,305 shares during the period. Pictet Asset Management Ltd. boosted its stake in Qualys by 307.6% in the 2nd quarter. Pictet Asset Management Ltd. now owns 430,000 shares of the software maker’s stock worth $18,060,000 after purchasing an additional 324,500 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Qualys by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 1,544,215 shares of the software maker’s stock worth $58,527,000 after purchasing an additional 115,150 shares during the period. Institutional investors and hedge funds own 72.80% of the company’s stock.
QLYS has been the subject of several research reports. Zacks Investment Research lowered shares of Qualys from a “buy” rating to a “hold” rating in a research report on Friday, July 21st. Northland Securities set a $48.00 target price on shares of Qualys and gave the stock a “buy” rating in a report on Saturday, July 22nd. BidaskClub lowered shares of Qualys from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Robert W. Baird set a $42.00 target price on shares of Qualys and gave the stock a “hold” rating in a report on Sunday, July 30th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $45.00 target price on shares of Qualys in a report on Monday, July 31st. Ten research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Qualys presently has a consensus rating of “Hold” and a consensus target price of $54.36.
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.
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