Insider Selling: Qualys, Inc. (NASDAQ:QLYS) Insider Sells 882 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 882 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $139.66, for a total value of $123,180.12. Following the completion of the transaction, the insider now directly owns 62,295 shares in the company, valued at $8,700,119.70. This trade represents a 1.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Qualys Stock Performance

Shares of Qualys stock opened at $141.92 on Friday. Qualys, Inc. has a one year low of $119.17 and a one year high of $200.90. The company has a market cap of $5.19 billion, a price-to-earnings ratio of 31.26 and a beta of 0.57. The business’s 50 day moving average price is $144.95 and its 200 day moving average price is $135.64.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm had revenue of $153.87 million for the quarter, compared to the consensus estimate of $150.74 million. During the same quarter last year, the business posted $1.24 earnings per share. The firm’s revenue was up 8.4% compared to the same quarter last year. On average, analysts predict that Qualys, Inc. will post 4.34 EPS for the current fiscal year.

Institutional Investors Weigh In On Qualys

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QLYS. Norris Perne & French LLP MI grew its stake in shares of Qualys by 0.8% in the fourth quarter. Norris Perne & French LLP MI now owns 114,700 shares of the software maker’s stock valued at $16,083,000 after buying an additional 882 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Qualys by 62.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 52,024 shares of the software maker’s stock valued at $7,295,000 after buying an additional 20,000 shares in the last quarter. KBC Group NV grew its stake in shares of Qualys by 58.0% in the fourth quarter. KBC Group NV now owns 1,724 shares of the software maker’s stock valued at $242,000 after buying an additional 633 shares in the last quarter. Blue Trust Inc. grew its stake in Qualys by 26.2% during the 4th quarter. Blue Trust Inc. now owns 1,968 shares of the software maker’s stock worth $253,000 after purchasing an additional 409 shares in the last quarter. Finally, Marshall Financial Group LLC grew its stake in Qualys by 16.1% during the 4th quarter. Marshall Financial Group LLC now owns 11,974 shares of the software maker’s stock worth $1,679,000 after purchasing an additional 1,662 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on QLYS shares. UBS Group lifted their target price on Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Wolfe Research raised Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Truist Financial lifted their price objective on Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. Jefferies Financial Group lifted their price objective on Qualys from $135.00 to $155.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. Finally, Canaccord Genuity Group lifted their price objective on Qualys from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Qualys presently has a consensus rating of “Hold” and a consensus target price of $152.80.

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.