Qualys, Inc. (NASDAQ:QLYS) Director Sells $169,922.61 in Stock

Qualys, Inc. (NASDAQ:QLYS) Director John A. Zangardi sold 1,287 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $132.03, for a total transaction of $169,922.61. Following the completion of the sale, the director owned 11,034 shares of the company’s stock, valued at $1,456,819.02. This trade represents a 10.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Qualys Stock Performance

NASDAQ:QLYS opened at $129.15 on Monday. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The firm has a market cap of $4.66 billion, a P/E ratio of 25.78 and a beta of 0.56. The firm has a 50-day simple moving average of $138.30 and a 200-day simple moving average of $133.75.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, beating the consensus estimate of $1.47 by $0.21. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The business had revenue of $164.06 million during the quarter, compared to analyst estimates of $161.25 million. During the same quarter in the previous year, the business posted $1.52 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. On average, research analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Institutional Investors Weigh In On Qualys

Several large investors have recently modified their holdings of QLYS. Bank of Montreal Can grew its position in shares of Qualys by 3.3% in the 4th quarter. Bank of Montreal Can now owns 5,175 shares of the software maker’s stock worth $726,000 after buying an additional 166 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Qualys in the 4th quarter worth approximately $15,937,000. Barclays PLC grew its position in shares of Qualys by 61.5% in the 4th quarter. Barclays PLC now owns 181,249 shares of the software maker’s stock worth $25,415,000 after buying an additional 69,035 shares during the last quarter. Mariner LLC grew its position in shares of Qualys by 12.7% in the 4th quarter. Mariner LLC now owns 5,129 shares of the software maker’s stock worth $719,000 after buying an additional 577 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Qualys in the 4th quarter worth approximately $3,744,000. Institutional investors own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on QLYS. UBS Group raised their target price on shares of Qualys from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Canaccord Genuity Group lowered their target price on shares of Qualys from $163.00 to $158.00 and set a “buy” rating for the company in a report on Wednesday, May 7th. Scotiabank raised their target price on shares of Qualys from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 6th. Wall Street Zen raised shares of Qualys from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Wedbush boosted their price objective on shares of Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $141.00.

About Qualys

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.