Northland Securities analyst Robert Breza reiterated a Buy rating on Qualys (QLYS) today and set a price target of $100. The company’s shares closed yesterday at $88.96.
According to TipRanks.com, Breza is a 5-star analyst with an average return of 12.8% and a 61.7% success rate. Breza covers the Technology sector, focusing on stocks such as Coupa Software Inc, MobileIron, Inc., and Salesforce.com.
Currently, the analyst consensus on Qualys is a Moderate Buy with an average price target of $97.57.
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Based on Qualys’ latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $13.27 million. In comparison, last year the company had a net profit of $9.14 million.
Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. Last month, Peter Pace, a Director at QLYS sold 22,500 shares for a total of $2,021,992.
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.
