Qualys, Inc. (NASDAQ:QLYS - Get Free Report) insider Bruce K. Posey sold 855 shares of the company's stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $142.24, for a total transaction of $121,615.20. Following the completion of the sale, the insider now directly owns 63,177 shares in the company, valued at approximately $8,986,296.48. The trade was a 1.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Qualys stock traded down $1.59 during midday trading on Monday, reaching $139.14. The company had a trading volume of 225,667 shares, compared to its average volume of 436,172. The stock has a fifty day simple moving average of $141.89 and a 200 day simple moving average of $135.75. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $205.00. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 30.65 and a beta of 0.54.
Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.23. The company had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.24 earnings per share. Sell-side analysts expect that Qualys, Inc. will post 4.34 earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in QLYS. UMB Bank n.a. raised its stake in shares of Qualys by 149.0% during the second quarter. UMB Bank n.a. now owns 239 shares of the software maker's stock worth $34,000 after buying an additional 143 shares during the last quarter. Quarry LP acquired a new stake in Qualys during the 2nd quarter worth $40,000. Exchange Traded Concepts LLC raised its position in shares of Qualys by 53.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker's stock valued at $82,000 after acquiring an additional 223 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Qualys by 68.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker's stock valued at $94,000 after purchasing an additional 297 shares during the period. Finally, KBC Group NV boosted its position in shares of Qualys by 21.6% in the 3rd quarter. KBC Group NV now owns 1,091 shares of the software maker's stock worth $140,000 after purchasing an additional 194 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.
A number of research firms have weighed in on QLYS. Westpark Capital reaffirmed a "hold" rating on shares of Qualys in a report on Wednesday, November 6th. Jefferies Financial Group raised their target price on Qualys from $135.00 to $155.00 and gave the stock a "hold" rating in a research report on Wednesday, November 6th. Canaccord Genuity Group upped their price target on Qualys from $160.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, November 6th. Truist Financial lifted their price objective on Qualys from $120.00 to $145.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. Finally, UBS Group upped their target price on shares of Qualys from $140.00 to $160.00 and gave the stock a "neutral" rating in a report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $152.80.
Read Our Latest Research Report on QLYS
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.
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