Qualys, Inc. (NASDAQ:QLYS) CFO Sells $315,556.48 in Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,912 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $165.04, for a total transaction of $315,556.48. Following the sale, the chief financial officer now directly owns 97,176 shares of the company’s stock, valued at approximately $16,037,927.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, March 5th, Joo Mi Kim sold 723 shares of Qualys stock. The stock was sold at an average price of $164.76, for a total transaction of $119,121.48.
• On Monday, February 5th, Joo Mi Kim sold 1,130 shares of Qualys stock. The stock was sold at an average price of $169.49, for a total transaction of $191,523.70.

Qualys Stock Down 1.2 %

Shares of NASDAQ QLYS opened at $165.40 on Thursday. The company’s fifty day moving average is $168.31 and its 200-day moving average is $174.72. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 40.94 and a beta of 0.51. Qualys, Inc. has a twelve month low of $107.00 and a twelve month high of $206.35.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.26. Qualys had a net margin of 27.34% and a return on equity of 49.06%. The business had revenue of $144.57 million for the quarter, compared to analyst estimates of $144.69 million. On average, research analysts anticipate that Qualys, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on QLYS shares. Royal Bank of Canada decreased their price target on shares of Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 8th. TD Cowen started coverage on shares of Qualys in a research note on Tuesday, March 26th. They set a “market perform” rating and a $170.00 price target on the stock. Stephens reissued an “equal weight” rating and set a $190.00 price target on shares of Qualys in a research note on Thursday, February 8th. Wedbush decreased their price target on shares of Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a research note on Thursday, February 8th. Finally, Truist Financial increased their price target on shares of Qualys from $145.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, January 16th. Four analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $153.23.

Institutional Investors Weigh In On Qualys

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Banque Cantonale Vaudoise increased its stake in shares of Qualys by 6.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 13,725 shares of the software maker’s stock worth $2,290,000 after purchasing an additional 821 shares during the last quarter. Rise Advisors LLC acquired a new position in shares of Qualys during the 1st quarter worth about $26,000. Newbridge Financial Services Group Inc. increased its stake in shares of Qualys by 33.2% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 333 shares of the software maker’s stock worth $65,000 after purchasing an additional 83 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Qualys by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 3,756,297 shares of the software maker’s stock worth $737,286,000 after purchasing an additional 16,331 shares during the last quarter. Finally, Willner & Heller LLC acquired a new position in shares of Qualys during the 4th quarter worth about $236,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

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.