Qualys, Inc. (NASDAQ:QLYS) CEO Philippe F. Courtot sold 20,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $56.74, for a total value of $1,134,800.00. Following the completion of the transaction, the chief executive officer now directly owns 5,564,435 shares of the company’s stock, valued at approximately $315,726,041.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Qualys, Inc. (QLYS) traded up $0.45 during trading on Monday, reaching $56.90. The company had a trading volume of 170,800 shares, compared to its average volume of 289,456. Qualys, Inc. has a 52 week low of $30.60 and a 52 week high of $58.25. The company has a market capitalization of $2,180.00, a price-to-earnings ratio of 51.73, a PEG ratio of 5.12 and a beta of 0.84.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.10. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The company had revenue of $59.49 million during the quarter, compared to analyst estimates of $58.59 million. During the same period in the prior year, the company earned $0.22 earnings per share. The firm’s revenue was up 16.7% on a year-over-year basis. research analysts anticipate that Qualys, Inc. will post 0.65 EPS for the current year.

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A number of hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. raised its position in Qualys by 8.3% during the third quarter. Schwab Charles Investment Management Inc. now owns 140,202 shares of the software maker’s stock valued at $7,263,000 after purchasing an additional 10,690 shares during the period. WINTON GROUP Ltd purchased a new stake in Qualys during the third quarter valued at approximately $2,441,000. Amalgamated Bank purchased a new stake in Qualys during the third quarter valued at approximately $224,000. JPMorgan Chase & Co. raised its position in Qualys by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 156,019 shares of the software maker’s stock valued at $8,191,000 after purchasing an additional 13,539 shares during the period. Finally, Legal & General Group Plc raised its position in Qualys by 9.9% during the third quarter. Legal & General Group Plc now owns 63,344 shares of the software maker’s stock valued at $3,282,000 after purchasing an additional 5,680 shares during the period. Institutional investors and hedge funds own 72.80% of the company’s stock.

A number of equities analysts have recently weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 price objective (up previously from $65.00) on shares of Qualys in a research note on Wednesday, November 1st. Northland Securities set a $48.00 price objective on Qualys and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $45.00 price objective on shares of Qualys in a research note on Monday, July 31st. Summit Redstone raised Qualys from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Wednesday, November 1st. Finally, BidaskClub lowered Qualys from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $54.36.

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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