Sumedh S. Thakar Sells 4,289 Shares of Qualys Inc (NASDAQ:QLYS) Stock

Qualys Inc (NASDAQ:QLYS) insider Sumedh S. Thakar sold 4,289 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $78.86, for a total transaction of $338,230.54. Following the completion of the transaction, the insider now directly owns 167,803 shares of the company’s stock, valued at approximately $13,232,944.58. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

NASDAQ QLYS traded up $1.20 during trading on Wednesday, hitting $80.42. The stock had a trading volume of 286,726 shares, compared to its average volume of 357,448. Qualys Inc has a one year low of $65.93 and a one year high of $97.12. The stock has a 50 day simple moving average of $83.37 and a 200 day simple moving average of $85.33. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 67.58 and a beta of 1.38.

Qualys (NASDAQ:QLYS) last released its earnings results on Wednesday, July 31st. The software maker reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Qualys had a return on equity of 16.53% and a net margin of 22.45%. The firm had revenue of $78.93 million for the quarter, compared to analysts’ expectations of $78.54 million. During the same quarter in the prior year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was up 15.8% on a year-over-year basis. On average, sell-side analysts expect that Qualys Inc will post 1.42 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of QLYS. Geode Capital Management LLC lifted its holdings in shares of Qualys by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 387,519 shares of the software maker’s stock worth $28,962,000 after buying an additional 33,263 shares during the period. BNP Paribas Arbitrage SA increased its position in Qualys by 94.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,887 shares of the software maker’s stock valued at $653,000 after purchasing an additional 3,821 shares during the period. Janus Henderson Group PLC increased its position in Qualys by 6.5% during the 1st quarter. Janus Henderson Group PLC now owns 13,925 shares of the software maker’s stock valued at $1,152,000 after purchasing an additional 847 shares during the period. Rhumbline Advisers raised its holdings in shares of Qualys by 0.5% in the 1st quarter. Rhumbline Advisers now owns 96,154 shares of the software maker’s stock valued at $7,956,000 after purchasing an additional 514 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of Qualys by 1.9% in the 1st quarter. Comerica Bank now owns 33,901 shares of the software maker’s stock valued at $2,813,000 after purchasing an additional 646 shares in the last quarter. Institutional investors own 84.69% of the company’s stock.

QLYS has been the topic of several analyst reports. Zacks Investment Research cut Qualys from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Nomura assumed coverage on Qualys in a research note on Friday, June 28th. They issued a “buy” rating and a $108.00 price objective for the company. BidaskClub cut Qualys from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Cowen started coverage on Qualys in a research report on Thursday, May 23rd. They set an “outperform” rating and a $100.00 target price on the stock. Finally, FBN Securities started coverage on Qualys in a report on Monday, July 15th. They set an “outperform” rating and a $100.00 price target on the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $93.47.

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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