Qualys Inc. (NASDAQ:QLYS) traded up 2.9% during trading on Tuesday . The stock traded as high as $36.03 and last traded at $35.84, with a volume of 201,643 shares trading hands. The stock had previously closed at $34.84.

Several equities research analysts recently commented on the company. Zacks Investment Research lowered Qualys from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th. Summit Redstone restated a “hold” rating and set a $30.00 target price on shares of Qualys in a research report on Friday, July 22nd. Robert W. Baird lowered Qualys from an “outperform” rating to a “neutral” rating and set a $25.00 target price on the stock. in a research report on Tuesday, May 3rd. Summit Research restated a “hold” rating and set a $30.00 target price on shares of Qualys in a research report on Friday, July 22nd. Finally, Pacific Crest restated a “hold” rating on shares of Qualys in a research report on Sunday, May 22nd. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company. Qualys presently has an average rating of “Hold” and a consensus price target of $32.47.

The company has a market capitalization of $1.23 billion and a PE ratio of 72.21. The company has a 50 day moving average of $31.73 and a 200 day moving average of $28.07.

Qualys (NASDAQ:QLYS) last posted its earnings results on Wednesday, August 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.03. The business earned $48.50 million during the quarter, compared to the consensus estimate of $48.01 million. The firm’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 earnings per share. On average, analysts predict that Qualys Inc. will post $0.79 EPS for the current year.

In other Qualys news, Chairman Philippe F. Courtot sold 30,000 shares of Qualys stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $30.49, for a total transaction of $914,700.00. Following the sale, the chairman now directly owns 5,472,842 shares of the company’s stock, valued at approximately $166,866,952.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Howard A. Schmidt sold 15,063 shares of Qualys stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of $31.90, for a total value of $480,509.70. Following the sale, the director now directly owns 13,084 shares in the company, valued at $417,379.60. The disclosure for this sale can be found here.

A number of hedge funds have recently bought and sold shares of the stock. Trexquant Investment LP purchased a new stake in Qualys during the fourth quarter valued at $1,622,000. Dimensional Fund Advisors LP purchased a new stake in Qualys during the fourth quarter valued at $2,355,000. Jennison Associates LLC boosted its stake in Qualys by 1.4% in the fourth quarter. Jennison Associates LLC now owns 253,730 shares of the company’s stock valued at $8,396,000 after buying an additional 3,467 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Qualys by 35.8% in the fourth quarter. Wells Fargo & Company MN now owns 563,987 shares of the company’s stock valued at $18,662,000 after buying an additional 148,567 shares during the last quarter.

Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.

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