Qualys, Inc. (NASDAQ:QLYS) insider Sumedh S. Thakar sold 1,800 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $42.04, for a total transaction of $75,672.00. Following the sale, the insider now owns 138,631 shares in the company, valued at $5,828,047.24. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Qualys, Inc. (NASDAQ:QLYS) traded up 0.24% during midday trading on Friday, reaching $42.25. 272,602 shares of the company’s stock traded hands. Qualys, Inc. has a one year low of $29.69 and a one year high of $44.35. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 45.28 and a beta of 0.94. The company has a 50-day moving average of $41.89 and a 200-day moving average of $37.12.

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A number of hedge funds and other institutional investors have recently made changes to their positions in QLYS. State of Alaska Department of Revenue raised its position in shares of Qualys by 4.8% in the first quarter. State of Alaska Department of Revenue now owns 3,250 shares of the software maker’s stock worth $123,000 after buying an additional 150 shares in the last quarter. LS Investment Advisors LLC raised its position in shares of Qualys by 226.3% in the first quarter. LS Investment Advisors LLC now owns 3,403 shares of the software maker’s stock worth $129,000 after buying an additional 2,360 shares in the last quarter. US Bancorp DE raised its position in shares of Qualys by 448.8% in the first quarter. US Bancorp DE now owns 3,743 shares of the software maker’s stock worth $142,000 after buying an additional 3,061 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Qualys by 131.6% in the first quarter. Victory Capital Management Inc. now owns 3,847 shares of the software maker’s stock worth $146,000 after buying an additional 2,186 shares in the last quarter. Finally, Pacad Investment Ltd. raised its position in shares of Qualys by 214.3% in the fourth quarter. Pacad Investment Ltd. now owns 4,400 shares of the software maker’s stock worth $139,000 after buying an additional 3,000 shares in the last quarter. 74.52% of the stock is currently owned by hedge funds and other institutional investors.

QLYS has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Qualys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 9th. Robert W. Baird reissued a “hold” rating on shares of Qualys in a report on Wednesday, May 3rd. Monness Crespi & Hardt started coverage on shares of Qualys in a report on Monday, July 10th. They issued a “neutral” rating on the stock. Susquehanna Bancshares Inc started coverage on shares of Qualys in a report on Wednesday, June 7th. They issued a “neutral” rating and a $45.00 price target on the stock. Finally, Imperial Capital increased their price target on shares of Qualys from $40.00 to $46.00 and gave the stock an “outperform” rating in a report on Monday, May 15th. Twelve analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $40.69.

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.

Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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