Qualys, Inc. (NASDAQ:QLYS) Insider Bruce K. Posey Sells 1,578 Shares

Qualys, Inc. (NASDAQ:QLYS – Get Rating) insider Bruce K. Posey sold 1,578 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $121.78, for a total value of $192,168.84. Following the transaction, the insider now directly owns 57,132 shares in the company, valued at approximately $6,957,534.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Qualys Trading Down 1.6 %

Shares of Qualys stock opened at $120.19 on Wednesday. The business has a 50-day moving average price of $120.99 and a two-hundred day moving average price of $118.17. Qualys, Inc. has a 1-year low of $101.10 and a 1-year high of $162.36. The company has a market cap of $4.44 billion, a P/E ratio of 41.59 and a beta of 0.63.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on QLYS shares. DA Davidson cut their target price on Qualys from $120.00 to $115.00 in a research note on Friday, May 5th. Wolfe Research downgraded shares of Qualys from a “peer perform” rating to an “underperform” rating and set a $100.00 price target for the company. in a report on Monday, May 8th. StockNews.com began coverage on shares of Qualys in a report on Thursday, May 18th. They set a “hold” rating for the company. Westpark Capital began coverage on shares of Qualys in a report on Tuesday, March 7th. They set a “buy” rating and a $170.00 price target for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Qualys in a report on Tuesday, January 24th. They set an “underweight” rating and a $109.00 price target for the company. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Qualys currently has an average rating of “Hold” and a consensus price target of $138.73.

Institutional Trading of Qualys

Large investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its position in shares of Qualys by 2.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,774 shares of the software maker’s stock worth $386,000 after purchasing an additional 72 shares in the last quarter. Dark Forest Capital Management LP boosted its position in shares of Qualys by 58.2% during the 1st quarter. Dark Forest Capital Management LP now owns 242 shares of the software maker’s stock worth $31,000 after purchasing an additional 89 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of Qualys by 0.8% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 11,302 shares of the software maker’s stock worth $1,268,000 after purchasing an additional 90 shares in the last quarter. AlphaCrest Capital Management LLC boosted its position in shares of Qualys by 1.0% during the 3rd quarter. AlphaCrest Capital Management LLC now owns 9,075 shares of the software maker’s stock worth $1,265,000 after purchasing an additional 91 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY boosted its position in shares of Qualys by 4.2% during the 4th quarter. Metropolitan Life Insurance Co NY now owns 2,374 shares of the software maker’s stock worth $266,000 after purchasing an additional 95 shares in the last quarter. 92.61% of the stock is currently owned by institutional investors and hedge funds.

Qualys Company Profile

(Get Rating)

Qualys, Inc engages in the provision of cloud security and compliance solutions. Its products enable organizations to identify security risks to information technology infrastructures, help protect information technology systems and applications from cyber attacks, and achieve compliance with internal policies and external regulations.