Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh S. Thakar Sells 4,034 Shares

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh S. Thakar sold 4,034 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $163.96, for a total transaction of $661,414.64. Following the transaction, the chief executive officer now owns 193,608 shares in the company, valued at $31,743,967.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Qualys Price Performance

NASDAQ:QLYS traded down $1.71 during mid-day trading on Wednesday, hitting $162.75. The company’s stock had a trading volume of 629,597 shares, compared to its average volume of 463,230. The business’s fifty day moving average is $167.28 and its two-hundred day moving average is $175.14. The stock has a market cap of $6.02 billion, a price-to-earnings ratio of 40.71 and a beta of 0.51. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35.

Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.26. The firm had revenue of $144.57 million for the quarter, compared to the consensus estimate of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. Analysts anticipate that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on QLYS shares. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a research report on Saturday. Wedbush decreased their target price on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, February 8th. TD Cowen started coverage on shares of Qualys in a research report on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price for the company. JPMorgan Chase & Co. increased their target price on shares of Qualys from $146.00 to $152.00 and gave the company an “underweight” rating in a research report on Thursday, February 8th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $190.00 price target on shares of Qualys in a report on Thursday, February 8th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $153.23.

Institutional Investors Weigh In On Qualys

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. McGlone Suttner Wealth Management Inc. purchased a new stake in Qualys during the fourth quarter worth $30,000. Rise Advisors LLC purchased a new stake in shares of Qualys during the 1st quarter worth about $26,000. Sound Income Strategies LLC grew its position in shares of Qualys by 545.2% during the 1st quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after acquiring an additional 169 shares during the period. Blue Trust Inc. increased its stake in shares of Qualys by 218.2% in the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock valued at $41,000 after purchasing an additional 144 shares in the last quarter. Finally, Dark Forest Capital Management LP increased its stake in shares of Qualys by 58.2% in the 1st quarter. Dark Forest Capital Management LP now owns 242 shares of the software maker’s stock valued at $31,000 after purchasing an additional 89 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.