Qualys Inc (QLYS) CFO Sells $111,525.00 in Stock

Qualys Inc (NASDAQ:QLYS) CFO Melissa B. Fisher sold 1,500 shares of the firm’s stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $74.35, for a total transaction of $111,525.00. Following the transaction, the chief financial officer now directly owns 159,001 shares in the company, valued at $11,821,724.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

QLYS stock traded down $2.64 during mid-day trading on Friday, hitting $75.65. The company had a trading volume of 245,979 shares, compared to its average volume of 312,967. The firm has a market cap of $3.08 billion, a price-to-earnings ratio of 84.06 and a beta of 1.38. Qualys Inc has a 12 month low of $55.05 and a 12 month high of $98.30.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, October 30th. The software maker reported $0.49 EPS for the quarter, topping the consensus estimate of $0.38 by $0.11. The business had revenue of $71.70 million for the quarter, compared to analyst estimates of $71.22 million. Qualys had a net margin of 17.10% and a return on equity of 14.18%. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.31 earnings per share. As a group, analysts expect that Qualys Inc will post 1.07 earnings per share for the current year.

A number of research firms recently weighed in on QLYS. Berenberg Bank began coverage on shares of Qualys in a research report on Thursday, November 29th. They set a “buy” rating and a $96.00 price target on the stock. BidaskClub raised shares of Qualys from a “sell” rating to a “hold” rating in a research report on Friday, November 23rd. BTIG Research raised shares of Qualys from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a research report on Tuesday, November 20th. Wedbush reissued a “buy” rating and set a $95.00 price target on shares of Qualys in a research report on Friday, November 16th. Finally, Zacks Investment Research raised shares of Qualys from a “hold” rating to a “strong-buy” rating and set a $84.00 price target on the stock in a research report on Wednesday, November 7th. Seven investment 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’s stock. The company has an average rating of “Buy” and a consensus price target of $88.13.

A number of hedge funds have recently made changes to their positions in the business. Marshall Wace North America L.P. bought a new stake in Qualys in the third quarter worth about $4,483,000. Marshall Wace LLP bought a new stake in Qualys in the third quarter worth about $694,000. Clearbridge Investments LLC raised its position in Qualys by 2.6% in the third quarter. Clearbridge Investments LLC now owns 1,005,353 shares of the software maker’s stock worth $89,577,000 after acquiring an additional 25,570 shares during the period. Vanguard Group Inc. raised its position in Qualys by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,392,117 shares of the software maker’s stock worth $302,238,000 after acquiring an additional 102,212 shares during the period. Finally, Morgan Stanley increased its stake in shares of Qualys by 62.9% in the third quarter. Morgan Stanley now owns 211,099 shares of the software maker’s stock worth $18,809,000 after purchasing an additional 81,483 shares in the last quarter. 82.75% of the stock is currently owned by institutional investors and hedge funds.

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About Qualys

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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