Qualys Sees Unusually Large Options Volume (QLYS)

Qualys Inc (NASDAQ:QLYS) was the target of unusually large options trading on Tuesday. Stock investors purchased 1,375 call options on the stock. This is an increase of 1,709% compared to the typical daily volume of 76 call options.

NASDAQ:QLYS opened at $82.31 on Thursday. Qualys has a fifty-two week low of $65.93 and a fifty-two week high of $98.30. The firm has a market cap of $3.81 billion, a P/E ratio of 91.46 and a beta of 1.55.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, February 12th. The software maker reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.26. Qualys had a return on equity of 14.18% and a net margin of 17.10%. The business had revenue of $74.20 million for the quarter, compared to analyst estimates of $74.14 million. During the same quarter last year, the firm posted $0.32 earnings per share. The business’s revenue was up 18.0% compared to the same quarter last year. As a group, equities analysts forecast that Qualys will post 1.07 earnings per share for the current fiscal year.

Several analysts recently weighed in on QLYS shares. BidaskClub upgraded Qualys from a “hold” rating to a “buy” rating in a report on Friday, January 25th. Zacks Investment Research upgraded Qualys from a “hold” rating to a “strong-buy” rating and set a $84.00 price target on the stock in a report on Wednesday, November 7th. JMP Securities upgraded Qualys from a “market perform” rating to an “outperform” rating in a report on Friday, January 4th. Morgan Stanley decreased their price target on Qualys from $81.00 to $80.00 and set a “hold” rating on the stock in a report on Wednesday, October 31st. Finally, Monness Crespi & Hardt decreased their price target on Qualys from $100.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, October 29th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $91.64.

In other news, CFO Melissa B. Fisher sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The stock was sold at an average price of $74.35, for a total transaction of $111,525.00. Following the sale, the chief financial officer now directly owns 159,001 shares of the company’s stock, valued at approximately $11,821,724.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Bruce K. Posey sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, December 10th. The stock was sold at an average price of $76.38, for a total value of $152,760.00. Following the sale, the vice president now directly owns 59,442 shares in the company, valued at $4,540,179.96. The disclosure for this sale can be found here. Insiders have sold a total of 33,649 shares of company stock worth $2,911,258 over the last ninety days. Insiders own 18.60% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in QLYS. BlackRock Inc. increased 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 worth $434,863,000 after purchasing an additional 255,598 shares during the period. American Capital Management Inc. increased its stake in Qualys by 106.2% in the fourth quarter. American Capital Management Inc. now owns 462,437 shares of the software maker’s stock worth $34,563,000 after purchasing an additional 238,199 shares during the period. Allianz Asset Management GmbH increased its stake in Qualys by 300.5% in the third quarter. Allianz Asset Management GmbH now owns 187,166 shares of the software maker’s stock worth $16,677,000 after purchasing an additional 140,433 shares during the period. Wells Fargo & Company MN increased its stake in Qualys by 66.2% in the third quarter. Wells Fargo & Company MN now owns 293,250 shares of the software maker’s stock worth $26,130,000 after purchasing an additional 116,753 shares during the period. Finally, Vanguard Group Inc increased 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 worth $302,238,000 after purchasing an additional 102,212 shares during the period. Institutional investors and hedge funds own 85.22% 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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