Joo Mi Kim Sells 4,487 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,487 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $140.00, for a total transaction of $628,180.00. Following the transaction, the chief financial officer now owns 112,757 shares of the company’s stock, valued at $15,785,980. This represents a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, January 6th, Joo Mi Kim sold 1,635 shares of Qualys stock. The stock was sold at an average price of $138.64, for a total value of $226,676.40.
• 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 Trading Up 0.5 %

NASDAQ:QLYS opened at $138.05 on Thursday. The stock has a 50 day moving average of $141.87 and a two-hundred day moving average of $135.43. Qualys, Inc. has a 12 month low of $119.17 and a 12 month high of $174.31. The firm has a market cap of $5.05 billion, a P/E ratio of 29.69 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 39.64% and a net margin of 28.59%. On average, research analysts forecast that Qualys, Inc. will post 4.31 earnings per share for the current year.

Institutional Investors Weigh In On Qualys

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Qualys by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker’s stock worth $604,721,000 after acquiring an additional 131,339 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Qualys by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 1,262,931 shares of the software maker’s stock worth $178,445,000 after purchasing an additional 16,369 shares during the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Qualys by 13.3% during the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after purchasing an additional 123,530 shares during the last quarter. CDAM UK Ltd grew its position in shares of Qualys by 8.3% in the third quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after purchasing an additional 38,509 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Qualys by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker’s stock valued at $64,016,000 after purchasing an additional 3,848 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Jefferies Financial Group lifted their price target on Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Loop Capital cut their target price on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a report on Friday, February 7th. Royal Bank of Canada lowered their price target on shares of Qualys from $162.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Westpark Capital restated a “hold” rating on shares of Qualys in a research report on Wednesday, November 6th. Finally, Scotiabank decreased their price objective on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $146.57.

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.