Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 4,542 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,542 shares of the business’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $140.08, for a total transaction of $636,243.36. Following the completion of the sale, the chief financial officer now owns 108,215 shares in the company, valued at approximately $15,158,757.20. The trade was a 4.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, February 10th, Joo Mi Kim sold 4,487 shares of Qualys stock. The stock was sold at an average price of $140.00, for a total transaction of $628,180.00.
• 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 transaction of $226,676.40.
• On Thursday, December 5th, Joo Mi Kim sold 1,332 shares of Qualys stock. The stock was sold at an average price of $157.37, for a total transaction of $209,616.84.

Qualys Price Performance

Shares of QLYS stock opened at $143.76 on Friday. The company has a market capitalization of $5.26 billion, a P/E ratio of 30.92 and a beta of 0.56. The company’s 50-day simple moving average is $141.33 and its two-hundred day simple moving average is $135.46. Qualys, Inc. has a one year low of $119.17 and a one year high of $174.31.

Qualys (NASDAQ:QLYS) last issued its earnings results on Thursday, February 6th. The software maker reported $1.19 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 expect that Qualys, Inc. will post 4.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Qualys

A number of hedge funds have recently added to or reduced their stakes in the stock. Caisse DE Depot ET Placement DU Quebec grew its stake in Qualys by 157.5% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 59,950 shares of the software maker’s stock worth $8,406,000 after acquiring an additional 36,669 shares in the last quarter. Schonfeld Strategic Advisors LLC lifted its position in shares of Qualys by 17.2% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 28,500 shares of the software maker’s stock worth $3,996,000 after purchasing an additional 4,187 shares during the period. Northern Trust Corp lifted its position in shares of Qualys by 10.1% in the 4th quarter. Northern Trust Corp now owns 571,016 shares of the software maker’s stock worth $80,068,000 after purchasing an additional 52,256 shares during the period. Johnson Financial Group Inc. purchased a new stake in shares of Qualys in the 4th quarter worth approximately $54,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Qualys in the 4th quarter worth approximately $6,983,000. 99.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

QLYS has been the topic of a number of research reports. Needham & Company LLC restated a “hold” rating on shares of Qualys in a report on Monday, February 10th. Truist Financial boosted their target price on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. TD Cowen boosted their target price on shares of Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. Scotiabank reduced their target price on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Finally, Loop Capital reduced their target price on shares of Qualys from $150.00 to $140.00 and set a “hold” rating on the stock in a 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.