Qualys, Inc. (NASDAQ:QLYS) Director Peter Pace sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $44.88, for a total transaction of $538,560.00. Following the completion of the transaction, the director now owns 35,155 shares of the company’s stock, valued at $1,577,756.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Qualys, Inc. (QLYS) traded down 3.11% during midday trading on Thursday, reaching $43.60. 251,644 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $42.02 and its 200 day moving average price is $38.97. The firm has a market capitalization of $1.64 billion, a PE ratio of 42.66 and a beta of 0.93. Qualys, Inc. has a one year low of $30.08 and a one year high of $47.50.

Qualys (NASDAQ:QLYS) last posted its earnings results on Wednesday, August 2nd. The software maker reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. The firm had revenue of $55.30 million during the quarter, compared to the consensus estimate of $54.87 million. Qualys had a return on equity of 14.69% and a net margin of 18.92%. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 EPS. On average, equities research analysts expect that Qualys, Inc. will post $0.91 earnings per share for the current fiscal year.

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Several equities research analysts have issued reports on QLYS shares. Zacks Investment Research upgraded shares of Qualys from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Thursday, July 20th. Northland Securities set a $48.00 target price on shares of Qualys and gave the company a “buy” rating in a research report on Saturday, July 22nd. BidaskClub lowered shares of Qualys from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Robert W. Baird reiterated a “hold” rating on shares of Qualys in a research report on Wednesday, May 3rd. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $45.00 target price on shares of Qualys in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $45.25.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its position in Qualys by 7.3% in the second quarter. BlackRock Inc. now owns 3,610,674 shares of the software maker’s stock worth $147,317,000 after buying an additional 245,550 shares in the last quarter. Ameriprise Financial Inc. increased its position in Qualys by 14.3% in the second quarter. Ameriprise Financial Inc. now owns 271,425 shares of the software maker’s stock worth $11,074,000 after buying an additional 33,909 shares in the last quarter. TIAA CREF Investment Management LLC increased its position in Qualys by 15.9% in the second quarter. TIAA CREF Investment Management LLC now owns 223,862 shares of the software maker’s stock worth $9,134,000 after buying an additional 30,749 shares in the last quarter. Teachers Advisors LLC increased its position in Qualys by 14.3% in the second quarter. Teachers Advisors LLC now owns 85,411 shares of the software maker’s stock worth $3,485,000 after buying an additional 10,699 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in Qualys by 24.8% in the second quarter. Alliancebernstein L.P. now owns 50,768 shares of the software maker’s stock worth $2,071,000 after buying an additional 10,083 shares in the last quarter. Hedge funds and other institutional investors own 75.29% of the company’s stock.

Qualys Company Profile

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 Qualys 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.

Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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