Insider Selling: Qualys, Inc. (NASDAQ:QLYS) CFO Sells 634 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 634 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $144.75, for a total value of $91,771.50. Following the sale, the chief financial officer now owns 90,745 shares in the company, valued at approximately $13,135,338.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Joo Mi Kim also recently made the following trade(s):

• On Wednesday, June 5th, Joo Mi Kim sold 616 shares of Qualys stock. The shares were sold at an average price of $135.56, for a total value of $83,504.96.
• On Monday, May 6th, Joo Mi Kim sold 928 shares of Qualys stock. The stock was sold at an average price of $167.97, for a total transaction of $155,876.16.

Qualys Trading Up 1.0 %

Qualys stock opened at $140.85 on Thursday. The company’s 50-day moving average price is $143.74 and its two-hundred day moving average price is $164.39. The stock has a market cap of $5.20 billion, a price-to-earnings ratio of 32.60 and a beta of 0.49. Qualys, Inc. has a 52 week low of $126.46 and a 52 week high of $206.35.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, May 7th. The software maker reported $1.05 EPS for the quarter, topping the consensus estimate of $0.88 by $0.17. The firm had revenue of $145.81 million for the quarter, compared to analysts’ expectations of $145.67 million. Qualys had a return on equity of 47.28% and a net margin of 28.48%. Research analysts expect that Qualys, Inc. will post 3.42 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Scotiabank began coverage on shares of Qualys in a research report on Friday, April 26th. They issued a “sector perform” rating and a $172.00 price target on the stock. TD Cowen started coverage on Qualys in a research note on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 target price for the company. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a report on Wednesday. Robert W. Baird cut their price target on Qualys from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Wednesday, May 8th. Finally, Needham & Company LLC restated a “hold” rating on shares of Qualys in a research note on Monday, May 13th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $164.50.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. acquired a new stake in Qualys in the 4th quarter valued at about $30,000. Rise Advisors LLC bought a new stake in shares of Qualys in the 1st quarter worth approximately $26,000. Global Retirement Partners LLC lifted its stake in Qualys by 1,666.7% during the first quarter. Global Retirement Partners LLC now owns 159 shares of the software maker’s stock valued at $27,000 after purchasing an additional 150 shares during the last quarter. Sound Income Strategies LLC lifted its stake in Qualys by 545.2% during the first quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after purchasing an additional 169 shares during the last quarter. Finally, DecisionPoint Financial LLC bought a new stake in Qualys during the first quarter worth approximately $34,000. Institutional investors own 99.31% of the company’s stock.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.