Qualys, Inc. (NASDAQ:QLYS) CEO Sells $995,190.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh S. Thakar sold 7,000 shares of the company’s stock in a transaction on Friday, February 14th. The shares were sold at an average price of $142.17, for a total transaction of $995,190.00. Following the completion of the transaction, the chief executive officer now owns 246,144 shares of the company’s stock, valued at approximately $34,994,292.48. The trade was a 2.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Qualys Stock Down 4.5 %

Shares of QLYS opened at $139.40 on Friday. The company has a 50-day simple moving average of $140.56 and a 200-day simple moving average of $135.48. The company has a market capitalization of $5.10 billion, a PE ratio of 29.98 and a beta of 0.56. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 38.52%. On average, research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Analyst Ratings Changes

QLYS has been the subject of several research reports. UBS Group upped their price target on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Needham & Company LLC reiterated a “hold” rating on shares of Qualys in a research report on Monday, February 10th. Scotiabank reduced their price target on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. TD Cowen upped their price target on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Finally, Northland Securities reiterated a “market perform” rating and issued a $146.00 price target (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Qualys has a consensus rating of “Hold” and an average target price of $146.57.

Hedge Funds Weigh In On Qualys

A number of large investors have recently made changes to their positions in QLYS. SBI Securities Co. Ltd. acquired a new stake in Qualys in the 4th quarter valued at about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Qualys in the 4th quarter valued at about $39,000. Quadrant Capital Group LLC grew its stake in Qualys by 88.1% in the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker’s stock valued at $47,000 after acquiring an additional 156 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in Qualys in the 4th quarter valued at about $54,000. Finally, Fifth Third Bancorp grew its stake in Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock valued at $55,000 after acquiring an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.