Insider Selling: Qualys (NASDAQ:QLYS) CFO Sells $463,040.82 in Stock

Qualys, Inc. (NASDAQ:QLYSGet Free Report) CFO Joo Mi Kim sold 3,414 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $135.63, for a total value of $463,040.82. Following the completion of the sale, the chief financial officer directly owned 88,489 shares of the company’s stock, valued at $12,001,763.07. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Friday, January 2nd, Joo Mi Kim sold 4,753 shares of Qualys stock. The stock was sold at an average price of $130.77, for a total transaction of $621,549.81.
  • On Tuesday, December 2nd, Joo Mi Kim sold 7,506 shares of Qualys stock. The stock was sold at an average price of $146.59, for a total transaction of $1,100,304.54.

Qualys Price Performance

QLYS opened at $127.81 on Friday. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $155.47. The firm has a market capitalization of $4.58 billion, a P/E ratio of 24.77 and a beta of 0.53. The company’s 50-day moving average is $137.68 and its 200 day moving average is $135.30.

Qualys (NASDAQ:QLYSGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, beating the consensus estimate of $1.56 by $0.30. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The firm had revenue of $169.88 million during the quarter, compared to analyst estimates of $166.30 million. During the same quarter last year, the business posted $1.56 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. On average, equities research analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its position in shares of Qualys by 3,948.0% during the first quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock worth $255,000 after acquiring an additional 1,974 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Qualys in the second quarter valued at $292,000. Truist Financial Corp raised its stake in shares of Qualys by 57.3% during the 2nd quarter. Truist Financial Corp now owns 5,749 shares of the software maker’s stock valued at $821,000 after purchasing an additional 2,094 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in Qualys by 20.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 56,375 shares of the software maker’s stock worth $8,054,000 after purchasing an additional 9,473 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in Qualys by 7.1% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,718 shares of the software maker’s stock worth $1,246,000 after purchasing an additional 575 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Trending Headlines about Qualys

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Berenberg Bank assumed coverage on Qualys in a research note on Tuesday, November 18th. They set a “hold” rating and a $165.00 target price on the stock. Morgan Stanley reaffirmed an “underweight” rating and issued a $117.00 price objective on shares of Qualys in a research report on Thursday, December 18th. JPMorgan Chase & Co. boosted their target price on shares of Qualys from $115.00 to $117.00 and gave the company an “underweight” rating in a research note on Wednesday, November 5th. Canaccord Genuity Group raised their price target on shares of Qualys from $158.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, Robert W. Baird set a $150.00 price target on shares of Qualys in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $143.57.

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Qualys Company Profile

(Get Free Report)

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.

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