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

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) Director Wendy Pfeiffer sold 200 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $139.45, for a total value of $27,890.00. Following the sale, the director owned 11,282 shares of the company's stock, valued at approximately $1,573,274.90. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Qualys Price Performance

Shares of QLYS traded up $1.08 during trading hours on Thursday, hitting $139.55. The stock had a trading volume of 344,218 shares, compared to its average volume of 369,567. The firm has a 50 day simple moving average of $139.72 and a 200-day simple moving average of $134.57. The firm has a market capitalization of $5.07 billion, a P/E ratio of 28.54 and a beta of 0.62. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $170.00.

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

Hedge Funds Weigh In On Qualys

A number of hedge funds have recently added to or reduced their stakes in QLYS. SBI Securities Co. Ltd. boosted its stake 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 purchasing an additional 167 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Qualys by 88.1% during the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker's stock valued at $47,000 after purchasing an additional 156 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in Qualys during the 4th quarter valued at about $54,000. Manchester Capital Management LLC boosted its stake 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 purchasing an additional 150 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in Qualys by 27.9% during the 1st quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock valued at $63,000 after purchasing an additional 109 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.

Analysts Set New Price Targets

QLYS has been the subject of a number of recent analyst reports. Canaccord Genuity Group decreased their price target on Qualys from $163.00 to $158.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Wall Street Zen upgraded Qualys from a "hold" rating to a "buy" rating in a report on Sunday, June 22nd. JPMorgan Chase & Co. decreased their price target on Qualys from $122.00 to $117.00 and set an "underweight" rating for the company in a report on Monday, April 28th. Wedbush decreased their price target on Qualys from $160.00 to $145.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Finally, Scotiabank set a $142.00 price target on Qualys and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Qualys presently has a consensus rating of "Hold" and a consensus 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.