JMP Securities analyst Erik Suppiger maintained a Buy rating on Qualys (QLYS) on March 8 and set a price target of $85. The company’s shares closed on Friday at $82.86.
According to TipRanks.com, Suppiger is a 5-star analyst with an average return of 16.7% and a 63.8% success rate. Suppiger covers the Technology sector, focusing on stocks such as SolarWinds Corporation, Varonis Systems, and Carbonite Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Qualys with a $87.50 average price target, representing a 5.6% upside. In a report issued on March 1, Monness also maintained a Buy rating on the stock with a $95 price target.
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The company has a one-year high of $98.30 and a one-year low of $65.94. Currently, Qualys has an average volume of 423.3K.
Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QLYS in relation to earlier this year. Most recently, in December 2018, Bruce Posey, the VP, GC and Corp. Sec. of QLYS bought 5,756 shares for a total of $51,228.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
