Qualys, Inc. (NASDAQ:QLYS) Director Sells $91,368.99 in Stock

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) Director Jeffrey P. Hank sold 657 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of $139.07, for a total transaction of $91,368.99. Following the completion of the sale, the director now owns 13,888 shares in the company, valued at $1,931,404.16. The trade was a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Qualys Trading Down 1.1%

Qualys stock traded down $1.47 during mid-day trading on Friday, hitting $135.73. The company's stock had a trading volume of 666,142 shares, compared to its average volume of 377,053. The firm has a market capitalization of $4.93 billion, a PE ratio of 27.76 and a beta of 0.61. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $170.00. The stock's fifty day moving average is $132.93 and its two-hundred day moving average is $135.14.

Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.21. The company had revenue of $159.90 million for the quarter, compared to analyst estimates of $157.05 million. Qualys had a net margin of 29.19% and a return on equity of 38.05%. The firm's quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.45 EPS. On average, equities analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Institutional Trading of Qualys

Several hedge funds have recently added to or reduced their stakes in QLYS. AQR Capital Management LLC grew its holdings in Qualys by 96.8% during the 1st quarter. AQR Capital Management LLC now owns 688,776 shares of the software maker's stock worth $85,394,000 after acquiring an additional 338,702 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Qualys by 92.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 643,238 shares of the software maker's stock worth $81,003,000 after purchasing an additional 308,635 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Qualys during the fourth quarter worth $27,086,000. Penserra Capital Management LLC increased its holdings in Qualys by 53.3% in the first quarter. Penserra Capital Management LLC now owns 499,084 shares of the software maker's stock valued at $62,849,000 after buying an additional 173,512 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Qualys by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker's stock valued at $604,721,000 after buying an additional 131,339 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on QLYS. Canaccord Genuity Group lowered their price target on shares of Qualys from $163.00 to $158.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Jefferies Financial Group decreased their price objective on Qualys from $145.00 to $130.00 and set a "hold" rating for the company in a report on Monday, March 31st. JPMorgan Chase & Co. dropped their target price on Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a report on Monday, April 28th. Wedbush dropped their price objective on shares of Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Finally, Royal Bank Of Canada lifted their target price on shares of Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $137.50.

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.