In a report released yesterday, Yun Kim from Rosenblatt Securities maintained a Buy rating on Qualys (QLYS), with a price target of $130.00. The company’s shares closed last Monday at $112.87.
According to TipRanks.com, Kim is a 5-star analyst with an average return of 20.3% and a 74.8% success rate. Kim covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Manhattan Associates, and Palo Alto Networks.
Qualys has an analyst consensus of Strong Buy, with a price target consensus of $113.60.
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Qualys’ market cap is currently $4.69B and has a P/E ratio of 65.80. The company has a Price to Book ratio of 12.89.
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QLYS in relation to earlier this year. Most recently, in May 2020, Sandra Bergeron, a Director at QLYS sold 49,743 shares for a total of $5,570,759.
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. The firm also offers solutions through a software-as-a-service model, primarily with renewable annual subscriptions. The company was founded by Philippe F. Courtot on December 30, 1999 and is headquartered in Foster City, CA.
