Insider Selling: Qualys, Inc. (NASDAQ:QLYS) Insider Sells 525 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce K. Posey sold 525 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $139.48, for a total value of $73,227.00. Following the completion of the sale, the insider now owns 65,373 shares in the company, valued at $9,118,226.04. This represents a 0.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Qualys Trading Down 1.3 %

Shares of QLYS traded down $1.83 during midday trading on Monday, reaching $134.37. 258,848 shares of the company were exchanged, compared to its average volume of 383,498. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.31. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 28.90 and a beta of 0.56. The stock has a 50-day moving average price of $140.33 and a 200-day moving average price of $135.56.

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

Analysts Set New Price Targets

A number of analysts recently issued reports on QLYS shares. Truist Financial raised their target price on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Loop Capital decreased their price objective on Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, February 7th. Westpark Capital reiterated a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. Morgan Stanley increased their target price on Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Finally, Wolfe Research upgraded Qualys from an “underperform” rating to a “peer perform” rating in a report on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $146.57.

Institutional Trading of Qualys

Several large investors have recently modified their holdings of QLYS. SBI Securities Co. Ltd. acquired a new position in shares of Qualys in the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Qualys in the 4th quarter valued at approximately $39,000. Quadrant Capital Group LLC boosted its stake in shares of Qualys by 88.1% during the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker’s stock valued at $47,000 after buying an additional 156 shares during the last quarter. Johnson Financial Group Inc. purchased a new position in shares of Qualys during the 4th quarter valued at approximately $54,000. Finally, Fifth Third Bancorp grew its position in shares of Qualys by 33.9% during the fourth quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after buying an additional 99 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

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.