Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 1,635 Shares

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,635 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $138.64, for a total transaction of $226,676.40. Following the completion of the transaction, the chief financial officer now owns 112,017 shares of the company’s stock, valued at $15,530,036.88. This represents a 1.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 stock was sold at an average price of $157.37, for a total transaction of $209,616.84.

Qualys Trading Down 1.3 %

Qualys stock opened at $134.42 on Friday. The stock has a fifty day moving average price of $146.09 and a 200 day moving average price of $136.01. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $201.03. The firm 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 released its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.23. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The business had revenue of $153.87 million for the quarter, compared to analysts’ expectations of $150.74 million. During the same period last year, the company earned $1.24 earnings per share. The company’s quarterly revenue was up 8.4% on a year-over-year basis. As a group, equities analysts predict that Qualys, Inc. will post 4.34 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on QLYS. UBS Group boosted their price target on Qualys from $140.00 to $160.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. TD Cowen upped their target price on Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Morgan Stanley lifted their price target on Qualys from $123.00 to $126.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Jefferies Financial Group increased their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Wednesday, November 6th. Finally, Truist Financial lifted their target price on shares of Qualys from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $152.80.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in QLYS. Nordea Investment Management AB grew its position in Qualys by 3.9% during the fourth quarter. Nordea Investment Management AB now owns 73,960 shares of the software maker’s stock valued at $10,390,000 after acquiring an additional 2,760 shares during the period. Franklin Resources Inc. lifted its holdings in Qualys by 8.1% in the 3rd quarter. Franklin Resources Inc. now owns 39,603 shares of the software maker’s stock worth $4,968,000 after buying an additional 2,972 shares in the last quarter. Synovus Financial Corp lifted its stake in shares of Qualys by 16.3% in the third quarter. Synovus Financial Corp now owns 16,772 shares of the software maker’s stock worth $2,155,000 after acquiring an additional 2,356 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Qualys by 70.5% during the 3rd quarter. Tidal Investments LLC now owns 2,472 shares of the software maker’s stock valued at $318,000 after buying an additional 1,022 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of Qualys by 30.8% in the third quarter. Sanctuary Advisors LLC now owns 4,919 shares of the software maker’s stock worth $632,000 after buying an additional 1,159 shares during the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

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.