Stifel Nicolaus Keeps a Hold Rating on Qualys

By Austin Angelo

Stifel Nicolaus analyst Gur Talpaz reiterated a Hold rating on Qualys (NASDAQ: QLYS) today and set a price target of $67. The company’s shares opened today at $65, close to its 52-week high of $67.90.

According to TipRanks.com, Talpaz is a 4-star analyst with an average return of 15.7% and a 67.7% success rate. Talpaz covers the Technology sector, focusing on stocks such as Intralinks Holdings, Barracuda Networks, and SecureWorks Corp.

Currently, the analyst consensus on Qualys is Hold and the average price target is $65.50, representing a 0.8% upside.

In a report released today, Robert W. Baird also maintained a Hold rating on the stock.

Based on Qualys’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $62.92 million and quarterly net profit of $2.86 million. In comparison, last year the company earned revenue of $52.22 million and had a net profit of $5.91 million.

Based on the recent corporate insider activity of 103 insiders, corporate insider sentiment is negative on the stock. Last month, Sumedh Thakar, the CPO of QLYS sold 2,000 shares for a total of $126,780.

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.