Insider Selling: Qualys Inc. (QLYS) VP Sells 2,000 Shares of Stock
Qualys Inc. (NASDAQ:QLYS) VP Amer Deeba sold 2,000 shares of the firm’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $37.86, for a total value of $75,720.00. Following the sale, the vice president now directly owns 60,293 shares of the company’s stock, valued at $2,282,692.98. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Amer Deeba also recently made the following trade(s):
- On Tuesday, August 16th, Amer Deeba sold 2,000 shares of Qualys stock. The stock was sold at an average price of $32.10, for a total value of $64,200.00.
Shares of Qualys Inc. (NASDAQ:QLYS) opened at 38.79 on Wednesday. Qualys Inc. has a 12 month low of $16.96 and a 12 month high of $39.74. The company has a market cap of $1.37 billion, a P/E ratio of 80.81 and a beta of 1.08. The stock’s 50 day moving average price is $35.91 and its 200-day moving average price is $30.58.
Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The firm earned $48.50 million during the quarter, compared to analyst estimates of $48.01 million. Qualys had a return on equity of 8.28% and a net margin of 9.84%. The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.16 earnings per share. Equities research analysts expect that Qualys Inc. will post $0.79 earnings per share for the current year.
QLYS has been the subject of several research reports. Zacks Investment Research upgraded Qualys from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a research note on Thursday, June 30th. Summit Research reiterated a “hold” rating and set a $30.00 price target on shares of Qualys in a research note on Friday, July 22nd. TheStreet upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Friday, July 29th. First Analysis increased their price target on Qualys from $36.00 to $41.00 and gave the stock an “overweight” rating in a research note on Monday, September 12th. Finally, Wunderlich upgraded Qualys from a “hold” rating to a “buy” rating and increased their price target for the stock from $31.00 to $43.00 in a research note on Tuesday, September 13th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $34.00.
Several institutional investors have recently added to or reduced their stakes in QLYS. Norman Fields Gottscho Capital Management LLC acquired a new position in Qualys during the third quarter worth $1,871,000. Mason Street Advisors LLC acquired a new position in Qualys during the second quarter worth $142,000. Royal Bank of Canada raised its position in Qualys by 22.1% in the second quarter. Royal Bank of Canada now owns 4,632 shares of the company’s stock worth $138,000 after buying an additional 838 shares during the period. Schwab Charles Investment Management Inc. raised its position in Qualys by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 91,453 shares of the company’s stock worth $2,727,000 after buying an additional 1,656 shares during the period. Finally, Fiera Capital Corp acquired a new position in Qualys during the second quarter worth $7,218,000. 70.14% of the stock is owned by hedge funds and other institutional investors.
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 QualysGuard 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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