Qualys Inc. (NASDAQ:QLYS) Chairman Philippe F. Courtot sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $35.89, for a total transaction of $1,435,600.00. Following the completion of the transaction, the chairman now directly owns 5,112,542 shares of the company’s stock, valued at approximately $183,489,132.38. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Qualys Inc. (NASDAQ:QLYS) opened at 37.01 on Thursday. The stock has a market cap of $1.31 billion, a P/E ratio of 77.10 and a beta of 1.10. Qualys Inc. has a one year low of $16.96 and a one year high of $39.74. The stock has a 50 day moving average of $34.17 and a 200 day moving average of $29.75.

Qualys (NASDAQ:QLYS) last announced its earnings results on Wednesday, August 3rd. The company reported $0.20 earnings per share for the quarter, beating the 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. Qualys had a net margin of 9.84% and a return on equity of 8.28%. The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 earnings per share. Equities analysts expect that Qualys Inc. will post $0.79 EPS for the current fiscal year.

QLYS has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Thursday, June 30th. Summit Redstone reaffirmed a “hold” rating and set a $30.00 price objective on shares of Qualys in a research report on Friday, July 22nd. Summit Research reaffirmed a “hold” rating and set a $30.00 price objective on shares of Qualys in a research report on Friday, July 22nd. Imperial Capital reaffirmed an “outperform” rating and set a $30.00 price objective on shares of Qualys in a research report on Monday, July 25th. Finally, TheStreet raised shares of Qualys from a “hold” rating to a “buy” rating in a research report on Friday, July 29th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. Qualys currently has an average rating of “Hold” and an average price target of $33.84.

Several hedge funds and other institutional investors have recently made changes to their positions in QLYS. BlackRock Fund Advisors increased its position in shares of Qualys by 6.4% in the second quarter. BlackRock Fund Advisors now owns 1,616,151 shares of the company’s stock valued at $48,177,000 after buying an additional 97,292 shares during the period. Vanguard Group Inc. increased its position in shares of Qualys by 10.2% in the second quarter. Vanguard Group Inc. now owns 1,222,605 shares of the company’s stock valued at $36,446,000 after buying an additional 113,615 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in shares of Qualys by 5.0% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 628,653 shares of the company’s stock valued at $18,740,000 after buying an additional 29,679 shares during the period. State Street Corp increased its position in shares of Qualys by 17.1% in the second quarter. State Street Corp now owns 525,112 shares of the company’s stock valued at $15,658,000 after buying an additional 76,845 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Qualys by 11.2% in the second quarter. Dimensional Fund Advisors LP now owns 367,750 shares of the company’s stock valued at $10,963,000 after buying an additional 37,094 shares during the period. Institutional investors and hedge funds own 70.14% of the company’s stock.

About Qualys

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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