Qualys, Inc. (NASDAQ:QLYS) CFO Sells $226,676.40 in Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,635 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $138.64, for a total value of $226,676.40. Following the transaction, the chief financial officer now directly owns 112,017 shares of the company’s stock, valued at $15,530,036.88. The trade was a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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 Performance

Shares of Qualys stock opened at $134.42 on Friday. The company’s fifty day moving average is $146.09 and its two-hundred day moving average is $136.01. Qualys, Inc. has a 1 year low of $119.17 and a 1 year high of $201.03. The company has a market capitalization of $4.92 billion, a P/E ratio of 29.61 and a beta of 0.57.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The firm had revenue of $153.87 million for the quarter, compared to analysts’ expectations of $150.74 million. During the same quarter in the previous year, the firm posted $1.24 EPS. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. As a group, equities analysts expect that Qualys, Inc. will post 4.34 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. UBS Group raised their target price on shares of Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Royal Bank of Canada boosted their target price on shares of Qualys from $150.00 to $162.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 6th. TD Cowen raised their price target on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research report on Wednesday, November 6th. Finally, Wolfe Research raised Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $152.80.

Institutional Investors Weigh In On Qualys

Several hedge funds have recently modified their holdings of the stock. Quarry LP purchased a new position in Qualys during the 2nd quarter worth $40,000. UMB Bank n.a. increased its stake in shares of Qualys by 80.8% during the third quarter. UMB Bank n.a. now owns 432 shares of the software maker’s stock worth $55,000 after acquiring an additional 193 shares during the period. Exchange Traded Concepts LLC raised its holdings in Qualys by 53.6% during the third quarter. Exchange Traded Concepts LLC now owns 639 shares of the software maker’s stock worth $82,000 after purchasing an additional 223 shares in the last quarter. Advisors Asset Management Inc. lifted its position in Qualys by 68.6% in the third quarter. Advisors Asset Management Inc. now owns 730 shares of the software maker’s stock valued at $94,000 after purchasing an additional 297 shares during the period. Finally, KBC Group NV boosted its holdings in Qualys by 21.6% in the 3rd quarter. KBC Group NV now owns 1,091 shares of the software maker’s stock valued at $140,000 after purchasing an additional 194 shares in the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys Company Profile

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.