Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh S. Thakar Sells 5,003 Shares

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh S. Thakar sold 5,003 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $152.65, for a total value of $763,707.95. Following the transaction, the chief executive officer now owns 151,671 shares in the company, valued at $23,152,578.15. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Qualys Stock Up 1.0 %

NASDAQ QLYS traded up $1.47 during trading hours on Monday, reaching $151.26. 205,882 shares of the company were exchanged, compared to its average volume of 323,677. The stock has a market capitalization of $5.55 billion, a P/E ratio of 47.68 and a beta of 0.61. Qualys, Inc. has a 1 year low of $101.10 and a 1 year high of $157.88. The business’s 50 day simple moving average is $143.81 and its 200-day simple moving average is $130.49.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported $0.95 EPS for the quarter, beating the consensus estimate of $0.65 by $0.30. Qualys had a return on equity of 40.52% and a net margin of 22.98%. The business had revenue of $137.21 million for the quarter, compared to the consensus estimate of $135.55 million. As a group, sell-side analysts anticipate that Qualys, Inc. will post 3.2 earnings per share for the current year.

Institutional Trading of Qualys

Hedge funds and other institutional investors have recently modified their holdings of the business. Aviva PLC raised its holdings in Qualys by 39.4% during the 1st quarter. Aviva PLC now owns 11,824 shares of the software maker’s stock valued at $1,537,000 after acquiring an additional 3,339 shares during the period. Geode Capital Management LLC lifted its holdings in Qualys by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 838,727 shares of the software maker’s stock worth $94,130,000 after purchasing an additional 15,531 shares in the last quarter. Eagle Asset Management Inc. boosted its stake in Qualys by 3.6% in the 1st quarter. Eagle Asset Management Inc. now owns 59,276 shares of the software maker’s stock worth $7,707,000 after purchasing an additional 2,084 shares during the period. DC Investments Management LLC purchased a new position in Qualys during the 1st quarter valued at about $287,000. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Qualys during the fourth quarter valued at about $316,000. Institutional investors own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on QLYS shares. Canaccord Genuity Group increased their target price on shares of Qualys from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, August 24th. TD Cowen increased their price objective on shares of Qualys from $110.00 to $130.00 and gave the stock a “hold” rating in a research report on Friday, August 4th. Wedbush raised their target price on Qualys from $130.00 to $160.00 in a research note on Friday, August 4th. Northland Securities upped their price target on Qualys from $132.00 to $136.00 in a research note on Friday, August 4th. Finally, Truist Financial raised their price objective on Qualys from $110.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, August 4th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $138.41.

Qualys Company Profile

Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Custom Assessment and Remediation; Context Extended Detection and Response; Network Detection and Response; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security.