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 stock was sold at an average price of $139.48, for a total transaction of $73,227.00. Following the completion of the transaction, the insider now owns 65,373 shares of the company’s stock, valued at approximately $9,118,226.04. This trade represents a 0.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Qualys Price Performance

Shares of QLYS traded down $1.83 during trading hours on Monday, hitting $134.37. 258,848 shares of the company were exchanged, compared to its average volume of 383,498. The company has a market capitalization of $4.92 billion, a PE ratio of 28.90 and a beta of 0.56. The firm has a fifty day simple moving average of $140.33 and a 200-day simple moving average of $135.56. Qualys, Inc. has a one year low of $119.17 and a one year high of $174.31.

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 net margin of 28.59% and a return on equity of 38.52%. Sell-side analysts expect that Qualys, Inc. will post 3.85 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on the company. DA Davidson raised their target price on Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Royal Bank of Canada lowered their price target on Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. TD Cowen lifted 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. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, February 15th. Finally, Truist Financial boosted their price target on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $146.57.

Institutional Investors Weigh In On Qualys

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Qualys by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker’s stock worth $604,721,000 after purchasing an additional 131,339 shares during the period. Geode Capital Management LLC boosted its position in shares of Qualys by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 1,262,931 shares of the software maker’s stock worth $178,445,000 after buying an additional 16,369 shares during the period. Boston Trust Walden Corp boosted its position in shares of Qualys by 13.3% in the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after buying an additional 123,530 shares during the period. Legal & General Group Plc grew its holdings in shares of Qualys by 10.2% during the fourth quarter. Legal & General Group Plc now owns 954,583 shares of the software maker’s stock valued at $133,852,000 after buying an additional 88,347 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Qualys by 4.4% during the fourth quarter. First Trust Advisors LP now owns 920,163 shares of the software maker’s stock valued at $129,025,000 after buying an additional 38,880 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

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.