Qualys, Inc. (NASDAQ:QLYS) Director Donald R. Dixon sold 83,743 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $58.15, for a total value of $4,869,655.45. Following the transaction, the director now owns 196,839 shares of the company’s stock, valued at $11,446,187.85. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Qualys, Inc. (QLYS) opened at $58.65 on Friday. The firm has a market capitalization of $2,224.01, a P/E ratio of 53.32, a P/E/G ratio of 5.28 and a beta of 0.84. Qualys, Inc. has a 52 week low of $30.60 and a 52 week high of $58.80.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.10. The firm had revenue of $59.49 million during the quarter, compared to analysts’ expectations of $58.59 million. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The firm’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 earnings per share. analysts forecast that Qualys, Inc. will post 0.65 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Donald R. Dixon Sells 83,743 Shares of Qualys, Inc. (QLYS) Stock” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another site, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this article can be read at https://www.dailypolitical.com/2017/11/19/donald-r-dixon-sells-83743-shares-of-qualys-inc-qlys-stock.html.

Several equities analysts have recently issued reports on the company. Zacks Investment Research cut Qualys from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Needham & Company LLC assumed coverage on Qualys in a research note on Monday, October 23rd. They issued a “buy” rating and a $65.00 price objective for the company. Morgan Stanley cut Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 price objective for the company. in a research note on Tuesday, October 10th. Summit Redstone upgraded Qualys from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Wednesday, November 1st. Finally, Robert W. Baird set a $42.00 price objective on Qualys and gave the company a “hold” rating in a research note on Sunday, July 30th. Ten research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $54.36.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QLYS. Parametric Portfolio Associates LLC increased its position in Qualys by 36.3% during the first quarter. Parametric Portfolio Associates LLC now owns 11,083 shares of the software maker’s stock worth $420,000 after buying an additional 2,949 shares during the period. Teachers Advisors LLC increased its position in Qualys by 3.2% during the first quarter. Teachers Advisors LLC now owns 74,712 shares of the software maker’s stock worth $2,832,000 after buying an additional 2,287 shares during the period. Legal & General Group Plc increased its position in Qualys by 2.7% during the first quarter. Legal & General Group Plc now owns 48,379 shares of the software maker’s stock worth $1,832,000 after buying an additional 1,290 shares during the period. Vanguard Group Inc. increased its position in Qualys by 8.1% during the first quarter. Vanguard Group Inc. now owns 1,544,215 shares of the software maker’s stock worth $58,527,000 after buying an additional 115,150 shares during the period. Finally, Geode Capital Management LLC increased its position in Qualys by 13.9% during the first quarter. Geode Capital Management LLC now owns 245,420 shares of the software maker’s stock worth $9,301,000 after buying an additional 29,874 shares during the period. 72.80% of the stock is currently owned by institutional investors.

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 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)

Receive News & Ratings for Qualys Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys Inc. and related companies with MarketBeat.com's FREE daily email newsletter.