Bruce K. Posey Sells 1,443 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 1,443 shares of the stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $167.33, for a total transaction of $241,457.19. Following the sale, the insider now owns 62,614 shares in the company, valued at $10,477,200.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Qualys Price Performance

NASDAQ QLYS opened at $170.36 on Friday. The company has a fifty day moving average price of $166.44 and a 200-day moving average price of $175.54. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 42.17 and a beta of 0.51. Qualys, Inc. has a 1 year low of $107.00 and a 1 year high of $206.35.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.26. The business had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Qualys had a net margin of 27.34% and a return on equity of 49.06%. On average, research analysts anticipate that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Scotiabank initiated coverage on Qualys in a research note on Friday. They issued a “sector perform” rating and a $172.00 price target on the stock. Royal Bank of Canada decreased their price target on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating for the company in a research report on Thursday, February 8th. JPMorgan Chase & Co. boosted their price objective on shares of Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research note on Thursday, February 8th. Stephens reissued an “equal weight” rating and set a $190.00 target price on shares of Qualys in a research report on Thursday, February 8th. Finally, Truist Financial boosted their target price on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, January 16th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Qualys currently has a consensus rating of “Hold” and an average target price of $154.57.

Hedge Funds Weigh In On Qualys

Several institutional investors have recently modified their holdings of QLYS. Vanguard Group Inc. lifted its holdings in Qualys by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 3,756,297 shares of the software maker’s stock worth $737,286,000 after acquiring an additional 16,331 shares during the period. Congress Asset Management Co. MA boosted its holdings in shares of Qualys by 5.0% in the 3rd quarter. Congress Asset Management Co. MA now owns 1,137,107 shares of the software maker’s stock worth $173,466,000 after buying an additional 54,219 shares during the last quarter. Legal & General Group Plc grew its position in Qualys by 1.5% during the third quarter. Legal & General Group Plc now owns 887,988 shares of the software maker’s stock valued at $135,463,000 after buying an additional 12,794 shares during the period. Boston Trust Walden Corp increased its holdings in Qualys by 4.4% during the third quarter. Boston Trust Walden Corp now owns 794,790 shares of the software maker’s stock worth $121,245,000 after buying an additional 33,214 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Qualys by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 739,205 shares of the software maker’s stock worth $145,095,000 after acquiring an additional 21,439 shares during the period. 99.31% of the stock is owned by institutional investors.

Qualys Company Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.