Qualys Inc (NASDAQ:QLYS) CEO Philippe F. Courtot sold 20,000 shares of the business’s stock in a transaction on Friday, August 10th. The shares were sold at an average price of $88.07, for a total transaction of $1,761,400.00. Following the sale, the chief executive officer now directly owns 5,458,092 shares of the company’s stock, valued at $480,694,162.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of QLYS stock traded down $2.50 on Monday, hitting $85.50. The stock had a trading volume of 351,700 shares, compared to its average volume of 324,648. The company has a market capitalization of $3.43 billion, a P/E ratio of 95.00, a PEG ratio of 12.79 and a beta of 0.91. Qualys Inc has a one year low of $44.30 and a one year high of $98.30.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, July 31st. The software maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05. The firm had revenue of $68.15 million during the quarter, compared to the consensus estimate of $67.13 million. Qualys had a return on equity of 12.70% and a net margin of 12.04%. analysts predict that Qualys Inc will post 0.86 EPS for the current year.

A number of analysts have recently issued reports on the stock. Robert W. Baird reissued a “hold” rating on shares of Qualys in a research note on Wednesday, May 2nd. BidaskClub lowered shares of Qualys from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 26th. First Analysis raised shares of Qualys from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $82.00 to $110.00 in a research note on Thursday, June 14th. Susquehanna Bancshares boosted their target price on shares of Qualys from $65.00 to $76.00 and gave the company a “neutral” rating in a research note on Wednesday, August 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Qualys to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, August 1st. Seven analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. Qualys has an average rating of “Buy” and an average target price of $84.93.

Several hedge funds have recently added to or reduced their stakes in QLYS. Ladenburg Thalmann Financial Services Inc. raised its holdings in Qualys by 125.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,516 shares of the software maker’s stock worth $150,000 after purchasing an additional 1,400 shares in the last quarter. LPL Financial LLC bought a new position in Qualys in the fourth quarter worth about $219,000. Cambridge Investment Research Advisors Inc. bought a new position in Qualys in the fourth quarter worth about $234,000. Hanseatic Management Services Inc. raised its holdings in Qualys by 29,154.5% in the first quarter. Hanseatic Management Services Inc. now owns 6,436 shares of the software maker’s stock worth $468,000 after purchasing an additional 6,414 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in Qualys by 4.3% in the first quarter. Rhumbline Advisers now owns 75,281 shares of the software maker’s stock worth $5,477,000 after purchasing an additional 3,131 shares in the last quarter. Hedge funds and other institutional investors own 80.67% of the company’s stock.

Qualys Company Profile

Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.

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

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