Qualys, Inc. (NASDAQ:QLYS - Get Free Report) Director Jeffrey P. Hank sold 4,000 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $146.31, for a total transaction of $585,240.00. Following the transaction, the director now owns 12,666 shares in the company, valued at approximately $1,853,162.46. This trade represents a 24.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Qualys Stock Down 1.1 %
NASDAQ:QLYS opened at $143.86 on Tuesday. Qualys, Inc. has a twelve month low of $119.17 and a twelve month high of $206.35. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 31.78 and a beta of 0.47. The stock's 50 day moving average price is $128.88 and its two-hundred day moving average price is $135.28.
Qualys (NASDAQ:QLYS - Get Free Report) last issued its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.23. The business had revenue of $153.87 million for the quarter, compared to the consensus estimate of $150.74 million. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.24 earnings per share. As a group, analysts anticipate that Qualys, Inc. will post 4.34 earnings per share for the current year.
Institutional Investors Weigh In On Qualys
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Several hedge funds have recently bought and sold shares of QLYS. Financial Enhancement Group LLC increased its position in Qualys by 1.5% during the third quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker's stock worth $784,000 after buying an additional 91 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Qualys by 2.2% during the 2nd quarter. Bank of Montreal Can now owns 4,896 shares of the software maker's stock worth $699,000 after acquiring an additional 107 shares during the last quarter. Legacy Advisors LLC increased its holdings in shares of Qualys by 1.4% during the 2nd quarter. Legacy Advisors LLC now owns 8,272 shares of the software maker's stock worth $1,180,000 after acquiring an additional 113 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Qualys by 8.1% in the 1st quarter. Advisors Asset Management Inc. now owns 1,684 shares of the software maker's stock valued at $281,000 after acquiring an additional 126 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in Qualys by 0.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 46,436 shares of the software maker's stock valued at $6,622,000 after purchasing an additional 127 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have issued reports on QLYS shares. DA Davidson upped their price target on shares of Qualys from $120.00 to $147.00 and gave the company a "neutral" rating in a report on Wednesday, November 6th. StockNews.com downgraded Qualys from a "buy" rating to a "hold" rating in a report on Saturday, August 3rd. Wolfe Research upgraded Qualys from an "underperform" rating to a "peer perform" rating in a report on Monday, November 11th. TD Cowen raised their target price on Qualys from $130.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, November 6th. Finally, Truist Financial raised their price objective on shares of Qualys from $120.00 to $145.00 and gave the company a "hold" rating in a research note on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $152.80.
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Qualys Company Profile
(
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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.
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