Qualys, Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 40,000 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $60.97, for a total transaction of $2,438,800.00. Following the completion of the sale, the chairman now directly owns 5,564,435 shares in the company, valued at approximately $339,263,601.95. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Qualys, Inc. (NASDAQ QLYS) opened at $58.90 on Friday. Qualys, Inc. has a 12-month low of $30.60 and a 12-month high of $62.35. The firm has a market capitalization of $2,303.61, a P/E ratio of 55.23, a PEG ratio of 5.47 and a beta of 0.84.

Qualys (NASDAQ:QLYS) last released 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. The business had revenue of $59.49 million during the quarter, compared to analyst estimates of $58.59 million. Qualys had a return on equity of 14.81% and a net margin of 19.76%. Qualys’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.22 EPS. equities research analysts predict that Qualys, Inc. will post 0.65 EPS for the current fiscal year.

Several research firms recently weighed in on QLYS. Needham & Company LLC reissued a “buy” rating and issued a $70.00 target price (up from $65.00) on shares of Qualys in a research note on Wednesday, November 1st. Summit Redstone raised Qualys from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a report on Wednesday, November 1st. Northland Securities set a $48.00 price target on Qualys and gave the company a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised Qualys from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a research note on Saturday, November 4th. Finally, Morgan Stanley downgraded Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 target price for the company. in a research note on Tuesday, October 10th. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $54.36.

A number of large investors have recently made changes to their positions in the business. Advisors Asset Management Inc. bought a new stake in shares of Qualys in the 3rd quarter worth approximately $101,000. SG Americas Securities LLC purchased a new stake in Qualys during the second quarter valued at $103,000. Ameritas Investment Partners Inc. increased its position in Qualys by 17.4% during the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock valued at $112,000 after acquiring an additional 408 shares during the last quarter. Thompson Davis & CO. Inc. increased its position in Qualys by 1,100.0% during the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock valued at $155,000 after acquiring an additional 2,750 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in Qualys during the third quarter valued at $202,000. Hedge funds and other institutional investors own 75.37% of the company’s stock.

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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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