Summit Redstone Partners Assumes Qualys Inc to Hold

Brokerage firm Summit Redstone Partners Assumes its rating on Qualys Inc(NASDAQ:QLYS). The shares have been rated Hold. The rating by Summit Redstone Partners was issued on Jul 22, 2016.

In a different note, On May 3, 2016, Baird said it Downgrades its rating on Qualys Inc. The shares have been rated ‘Neutral’ by the firm. On May 3, 2016, DA Davidson said it Maintains its rating on Qualys Inc. In the research note, the firm Raises the price-target to $25.00 per share. The shares have been rated ‘Neutral’ by the firm.

Qualys Inc (QLYS) made into the market gainers list on Thursdays trading session with the shares advancing 0.54% or 0.17 points. Due to strong positive momentum, the stock ended at $31.67, which is also near the day’s high of $31.77. The stock began the session at $31.59 and the volume stood at 1,89,712 shares. The 52-week high of the shares is $42.97 and the 52 week low is $16.9625. The company has a current market capitalization of $1,106 M and it has 3,49,20,134 shares in outstanding.

Qualys Inc(QLYS) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $46.25M. Analysts had an estimated revenue of $45.06M. Earnings per share were $0.21. Analysts had estimated an EPS of $0.15.

Several Insider Transactions has been reported to the SEC. On Dec 15, 2015, Donald C Mccauley (Chief Financial Officer) sold 25,000 shares at $35.14 per share price.Also, On Nov 24, 2015, Sumedh S Thakar (Chief Product Officer) sold 1,951 shares at $38.09 per share price.On Jul 8, 2015, Amer Deeba (VP Corp Dev & Strat Alliances) sold 2,000 shares at $37.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Qualys Inc. is a provider of cloud security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures help protect their IT systems and applications from cyber attacks. Its suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables its customers to identify their IT assets collect and analyze IT security data discover and prioritize vulnerabilities recommend remediation actions and verify the implementation of such actions. It provides its solutions through a software-as-a-service model. Its QualysGuard Cloud Suite includes seven solutions: Vulnerability Management Policy Compliance Payment card industry (PCI) Compliance Web Application Scanning Malware Detection Service Web Application Firewall and Qualys SECURE Seal.

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