Qualys, Inc. (NASDAQ:QLYS) Insider Bruce K. Posey Sells 1,443 Shares

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 1,443 shares of the firm’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $167.33, for a total transaction of $241,457.19. Following the sale, the insider now owns 62,614 shares in the company, valued at $10,477,200.62. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Qualys Stock Up 0.3 %

Shares of NASDAQ:QLYS opened at $172.11 on Thursday. Qualys, Inc. has a 52 week low of $107.00 and a 52 week high of $206.35. The stock has a market capitalization of $6.36 billion, a P/E ratio of 42.60 and a beta of 0.51. The firm has a fifty day simple moving average of $166.41 and a two-hundred day simple moving average of $175.60.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.26. Qualys had a net margin of 27.34% and a return on equity of 49.06%. The business had revenue of $144.57 million during the quarter, compared to analysts’ expectations of $144.69 million. On average, analysts expect that Qualys, Inc. will post 3.35 earnings per share for the current year.

Hedge Funds Weigh In On Qualys

Large investors have recently made changes to their positions in the company. Rise Advisors LLC purchased a new position in shares of Qualys during the 1st quarter worth about $26,000. Global Retirement Partners LLC boosted its stake in shares of Qualys by 1,666.7% during the 1st quarter. Global Retirement Partners LLC now owns 159 shares of the software maker’s stock worth $27,000 after purchasing an additional 150 shares during the period. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Qualys during the 4th quarter worth about $30,000. Sound Income Strategies LLC boosted its stake in shares of Qualys by 545.2% during the 1st quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock worth $33,000 after purchasing an additional 169 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of Qualys by 218.2% during the 4th quarter. Blue Trust Inc. now owns 210 shares of the software maker’s stock worth $41,000 after purchasing an additional 144 shares during the period. 99.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on QLYS shares. StockNews.com downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research report on Sunday. Truist Financial raised their price objective on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research report on Tuesday, January 16th. Royal Bank of Canada decreased their price objective on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 8th. Stephens restated an “equal weight” rating and set a $190.00 price objective on shares of Qualys in a research report on Thursday, February 8th. Finally, Wedbush reduced their price target on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a report on Thursday, February 8th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Qualys currently has an average rating of “Hold” and an average target price of $153.23.

Qualys Company Profile

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.