Qualys Inc (NASDAQ:QLYS) Director Peter Pace sold 36,000 shares of Qualys stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $102.58, for a total value of $3,692,880.00. Following the sale, the director now directly owns 23,860 shares in the company, valued at approximately $2,447,558.80. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Shares of NASDAQ QLYS traded down $0.76 during mid-day trading on Friday, reaching $102.97. The company had a trading volume of 317,413 shares, compared to its average volume of 504,377. The stock has a market cap of $4.20 billion, a PE ratio of 56.58 and a beta of 1.07. The company has a 50-day moving average price of $110.76 and a two-hundred day moving average price of $99.36. Qualys Inc has a 1-year low of $63.37 and a 1-year high of $125.22.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Monday, August 10th. The software maker reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.27. Qualys had a return on equity of 19.56% and a net margin of 22.48%. The business had revenue of $88.90 million for the quarter, compared to the consensus estimate of $88.20 million. During the same quarter in the previous year, the company posted $0.55 earnings per share. Qualys’s revenue for the quarter was up 12.7% compared to the same quarter last year. Sell-side analysts predict that Qualys Inc will post 1.77 earnings per share for the current fiscal year.
QLYS has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their target price on Qualys from $91.00 to $89.00 and set an “underweight” rating on the stock in a research note on Friday, May 8th. BidaskClub downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Wednesday. Monness Crespi & Hardt downgraded Qualys from a “buy” rating to a “neutral” rating in a research note on Friday, May 1st. JMP Securities cut Qualys from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $135.00 to $125.00 in a research report on Monday, April 27th. Finally, Stifel Nicolaus lifted their price target on Qualys from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. Qualys currently has an average rating of “Hold” and a consensus target price of $106.86.
Hedge funds have recently modified their holdings of the company. Ifrah Financial Services Inc. purchased a new position in shares of Qualys during the first quarter valued at $295,000. Strs Ohio boosted its position in Qualys by 244.7% during the second quarter. Strs Ohio now owns 13,100 shares of the software maker’s stock valued at $1,362,000 after purchasing an additional 9,300 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in Qualys by 114.9% during the first quarter. BNP Paribas Arbitrage SA now owns 19,070 shares of the software maker’s stock valued at $1,659,000 after purchasing an additional 10,197 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Qualys by 136.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,879 shares of the software maker’s stock valued at $2,692,000 after purchasing an additional 14,934 shares during the last quarter. Finally, Rothschild & Co. Asset Management US Inc. boosted its position in Qualys by 1.1% during the first quarter. Rothschild & Co. Asset Management US Inc. now owns 320,533 shares of the software maker’s stock valued at $27,883,000 after purchasing an additional 3,458 shares during the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.
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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