Qualys Inc (NASDAQ:QLYS) VP Bruce K. Posey sold 2,000 shares of the stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $76.38, for a total transaction of $152,760.00. Following the transaction, the vice president now owns 59,442 shares of the company’s stock, valued at approximately $4,540,179.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of QLYS stock traded down $0.06 during trading hours on Tuesday, reaching $77.46. The stock had a trading volume of 367,100 shares, compared to its average volume of 332,193. Qualys Inc has a 12 month low of $55.05 and a 12 month high of $98.30. The firm has a market capitalization of $2.98 billion, a P/E ratio of 86.07 and a beta of 1.37.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, October 30th. The software maker reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.11. Qualys had a net margin of 17.10% and a return on equity of 14.18%. The company had revenue of $71.70 million during the quarter, compared to analyst estimates of $71.22 million. During the same period last year, the business earned $0.31 earnings per share. Qualys’s revenue was up 20.5% compared to the same quarter last year. Analysts anticipate that Qualys Inc will post 1.07 EPS for the current fiscal year.

A number of equities analysts have weighed in on QLYS shares. Robert W. Baird reiterated a “neutral” rating on shares of Qualys in a research report on Thursday, October 18th. Monness Crespi & Hardt cut their target price on shares of Qualys from $100.00 to $95.00 and set a “buy” rating for the company in a research report on Monday, October 29th. JPMorgan Chase & Co. cut their target price on shares of Qualys to $90.00 and set a “neutral” rating for the company in a research report on Wednesday, October 31st. BidaskClub upgraded shares of Qualys from a “hold” rating to a “buy” rating in a research report on Wednesday, September 12th. Finally, Morgan Stanley set a $81.00 target price on shares of Qualys and gave the stock a “hold” rating in a research report on Friday, October 19th. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $88.13.

Several hedge funds have recently added to or reduced their stakes in QLYS. BlackRock Inc. raised its stake in Qualys by 5.5% in the third quarter. BlackRock Inc. now owns 4,880,617 shares of the software maker’s stock valued at $434,863,000 after purchasing an additional 255,598 shares in the last quarter. Vanguard Group Inc. raised its stake in Qualys by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,392,117 shares of the software maker’s stock valued at $302,238,000 after purchasing an additional 102,212 shares in the last quarter. Clearbridge Investments LLC raised its stake in Qualys by 2.6% in the third quarter. Clearbridge Investments LLC now owns 1,005,353 shares of the software maker’s stock valued at $89,577,000 after purchasing an additional 25,570 shares in the last quarter. Congress Asset Management Co. MA raised its stake in Qualys by 4.9% in the third quarter. Congress Asset Management Co. MA now owns 882,084 shares of the software maker’s stock valued at $78,594,000 after purchasing an additional 41,132 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Qualys by 8.3% in the third quarter. Dimensional Fund Advisors LP now owns 579,633 shares of the software maker’s stock valued at $51,645,000 after purchasing an additional 44,456 shares in the last quarter. Institutional investors own 82.75% of the company’s stock.

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Qualys Company Profile

Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.

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