Qualys Inc. (NASDAQ:QLYS) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 986,040 shares, a growth of 47.9% from the October 14th total of 666,555 shares. Approximately 3.4% of the company’s stock are sold short. Based on an average daily volume of 179,055 shares, the short-interest ratio is currently 5.5 days.

A number of equities analysts have recently issued reports on QLYS shares. Pacific Crest restated a “hold” rating on shares of Qualys in a research report on Friday, November 4th. Zacks Investment Research upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating and set a $41.00 target price on the stock in a research report on Thursday. Wunderlich raised their target price on shares of Qualys from $26.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, August 4th. First Analysis raised their target price on shares of Qualys from $36.00 to $41.00 and gave the stock an “overweight” rating in a research report on Monday, September 12th. Finally, Imperial Capital restated an “outperform” rating and set a $30.00 target price on shares of Qualys in a research report on Monday, July 25th. Six analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $35.75.

Shares of Qualys (NASDAQ:QLYS) opened at 36.10 on Friday. Qualys has a 12-month low of $16.96 and a 12-month high of $39.74. The firm has a market cap of $1.29 billion, a P/E ratio of 72.20 and a beta of 1.09. The firm has a 50-day moving average price of $37.25 and a 200-day moving average price of $32.83.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.03. Qualys had a return on equity of 8.79% and a net margin of 9.86%. The business earned $51 million during the quarter, compared to the consensus estimate of $50.74 million. During the same period in the previous year, the business earned $0.19 EPS. The business’s quarterly revenue was up 20.1% on a year-over-year basis. On average, equities research analysts expect that Qualys will post $0.81 earnings per share for the current fiscal year.

In other news, VP Amer Deeba sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 16th. The shares were sold at an average price of $32.10, for a total transaction of $64,200.00. Following the transaction, the vice president now directly owns 60,293 shares in the company, valued at $1,935,405.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Philippe F. Courtot sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $31.33, for a total transaction of $939,900.00. Following the transaction, the chairman now owns 5,442,542 shares in the company, valued at $170,514,840.86. The disclosure for this sale can be found here. 30.20% of the stock is currently owned by company insiders.

Several large investors have recently modified their holdings of QLYS. Teacher Retirement System of Texas increased its stake in shares of Qualys by 30.7% in the second quarter. Teacher Retirement System of Texas now owns 3,846 shares of the company’s stock worth $115,000 after buying an additional 904 shares during the period. DIAM Co. Ltd. purchased a new stake in shares of Qualys during the third quarter worth $136,000. Royal Bank of Canada increased its stake in shares of 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. Mason Street Advisors LLC purchased a new stake in shares of Qualys during the second quarter worth $142,000. Finally, Mizuho Asset Management Co. Ltd. purchased a new stake in shares of Qualys during the second quarter worth $200,000. Institutional investors and hedge funds own 70.93% of the company’s stock.

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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