Qualys, Inc. (NASDAQ:QLYS) Insider Sells $73,227.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 525 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $139.48, for a total transaction of $73,227.00. Following the transaction, the insider now directly owns 65,373 shares of the company’s stock, valued at approximately $9,118,226.04. This represents a 0.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Qualys Stock Down 1.3 %

NASDAQ QLYS opened at $134.37 on Tuesday. The stock has a market cap of $4.92 billion, a PE ratio of 28.90 and a beta of 0.56. Qualys, Inc. has a fifty-two week low of $119.17 and a fifty-two week high of $174.31. The business has a 50 day moving average price of $140.09 and a two-hundred day moving average price of $135.61.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 38.52% and a net margin of 28.59%. Sell-side analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on QLYS. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a research note on Monday, February 10th. Royal Bank of Canada dropped their price objective on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. UBS Group upped their price objective on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Truist Financial upped their price objective on shares of Qualys from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Finally, TD Cowen upped their price objective on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $146.57.

Hedge Funds Weigh In On Qualys

Several institutional investors and hedge funds have recently made changes to their positions in the business. Amalgamated Bank boosted its stake in shares of Qualys by 0.5% during the 4th quarter. Amalgamated Bank now owns 16,640 shares of the software maker’s stock valued at $2,333,000 after buying an additional 77 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Qualys by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker’s stock valued at $806,000 after buying an additional 80 shares during the last quarter. Financial Enhancement Group LLC raised its position in shares of Qualys by 1.5% during the 3rd quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker’s stock valued at $784,000 after acquiring an additional 91 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after acquiring an additional 99 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in shares of Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker’s stock valued at $153,000 after acquiring an additional 123 shares in the last quarter. 99.31% of the stock is currently owned by hedge funds and other 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.