Qualys, Inc. (NASDAQ:QLYS) Director Wendy Pfeiffer Sells 200 Shares

Key Points

• Qualys, Inc. Director Wendy Pfeiffer sold 200 shares of the company's stock for a total of $25,944, reducing her shareholding by 1.77%.
• The company's latest earnings report showed an EPS of $1.68, exceeding estimates by $0.21, with a revenue of $164.06 million for the quarter.
• Analysts have adjusted price targets for Qualys, with UBS Group raising it to $150.00 and Royal Bank of Canada to $140.00, indicating a generally positive outlook on the stock.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) Director Wendy Pfeiffer sold 200 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $129.72, for a total transaction of $25,944.00. Following the sale, the director directly owned 11,082 shares in the company, valued at $1,437,557.04. This trade represents a 1.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Wendy Pfeiffer also recently made the following trade(s):

• On Tuesday, July 15th, Wendy Pfeiffer sold 200 shares of Qualys stock. The stock was sold at an average price of $139.45, for a total transaction of $27,890.00.

Qualys Stock Performance

Shares of QLYS stock traded up $1.50 on Monday, hitting $130.65. 223,318 shares of the company's stock traded hands, compared to its average volume of 337,401. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The company's fifty day simple moving average is $138.30 and its 200 day simple moving average is $133.75. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 26.08 and a beta of 0.56.

Qualys (NASDAQ:QLYS - Get Free Report) last released its 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 company had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. During the same quarter last year, the firm earned $1.52 EPS. The firm's quarterly revenue was up 10.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Qualys

Institutional investors have recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Qualys during the 2nd quarter valued at $44,000. SBI Securities Co. Ltd. boosted its position in Qualys by 82.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker's stock valued at $46,000 after buying an additional 167 shares during the period. Johnson Financial Group Inc. purchased a new stake in Qualys during the 4th quarter valued at $54,000. Manchester Capital Management LLC boosted its position in Qualys by 52.4% during the 1st quarter. Manchester Capital Management LLC now owns 436 shares of the software maker's stock valued at $55,000 after buying an additional 150 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of Qualys by 82.0% in the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker's stock worth $69,000 after purchasing an additional 218 shares during the period. Hedge funds and other institutional investors own 99.31% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group upped 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. Royal Bank Of Canada upped their target price on shares of Qualys from $131.00 to $140.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Wall Street Zen raised shares of Qualys from a "hold" rating to a "buy" rating in a report on Sunday. Canaccord Genuity Group decreased 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. Finally, Wedbush increased their price target on shares of Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Qualys has a consensus rating of "Hold" and an average price target of $141.00.

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.

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