Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 1,635 Shares

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,635 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $138.64, for a total transaction of $226,676.40. Following the completion of the sale, the chief financial officer now owns 112,017 shares in the company, valued at $15,530,036.88. This represents a 1.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, December 5th, Joo Mi Kim sold 1,332 shares of Qualys stock. The shares were sold at an average price of $157.37, for a total value of $209,616.84.

Qualys Stock Down 0.9 %

NASDAQ:QLYS traded down $1.21 during mid-day trading on Tuesday, hitting $136.21. 671,167 shares of the stock traded hands, compared to its average volume of 419,056. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $201.03. The company has a market cap of $4.98 billion, a PE ratio of 30.00 and a beta of 0.57. The business’s 50-day moving average price is $145.58 and its 200 day moving average price is $136.05.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The company had revenue of $153.87 million for the quarter, compared to the consensus estimate of $150.74 million. During the same quarter last year, the business posted $1.24 earnings per share. The firm’s revenue was up 8.4% compared to the same quarter last year. Analysts anticipate that Qualys, Inc. will post 4.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on QLYS. TD Cowen increased their target price on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Jefferies Financial Group boosted their target price on shares of Qualys from $135.00 to $155.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. DA Davidson raised their price target on shares of Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Canaccord Genuity Group boosted their price objective on shares of Qualys from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada boosted their target price on shares of Qualys from $150.00 to $162.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Qualys has a consensus rating of “Hold” and a consensus target price of $152.80.

Institutional Investors Weigh In On Qualys

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Aigen Investment Management LP purchased a new position in shares of Qualys in the third quarter worth $445,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Qualys by 208.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock valued at $11,072,000 after acquiring an additional 58,252 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Qualys by 428.9% during the third quarter. Intech Investment Management LLC now owns 18,256 shares of the software maker’s stock worth $2,345,000 after purchasing an additional 14,804 shares during the period. ProShare Advisors LLC grew its stake in shares of Qualys by 57.7% in the second quarter. ProShare Advisors LLC now owns 13,672 shares of the software maker’s stock worth $1,950,000 after purchasing an additional 5,004 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in Qualys by 40.0% during the 3rd quarter. Van ECK Associates Corp now owns 29,015 shares of the software maker’s stock valued at $3,525,000 after purchasing an additional 8,291 shares during the period. 99.31% of the stock is owned by hedge funds and other institutional investors.

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.