Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 928 Shares

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 928 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $167.97, for a total value of $155,876.16. Following the transaction, the chief financial officer now owns 93,196 shares in the company, valued at approximately $15,654,132.12. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Friday, April 5th, Joo Mi Kim sold 1,912 shares of Qualys stock. The stock was sold at an average price of $165.04, for a total value of $315,556.48.
• 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 value of $119,121.48.

Qualys Price Performance

Shares of NASDAQ:QLYS traded down $16.23 during midday trading on Wednesday, hitting $149.75. The company had a trading volume of 1,762,726 shares, compared to its average volume of 471,335. The company has a market cap of $5.53 billion, a price-to-earnings ratio of 37.47 and a beta of 0.51. Qualys, Inc. has a 12-month low of $113.00 and a 12-month high of $206.35. The company has a fifty day moving average of $166.94 and a two-hundred day moving average of $176.05.

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

Institutional Investors Weigh In On Qualys

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rise Advisors LLC purchased a new stake in shares of Qualys in the 1st quarter worth $26,000. Global Retirement Partners LLC increased its stake in Qualys by 1,666.7% in the 1st quarter. Global Retirement Partners LLC now owns 159 shares of the software maker’s stock worth $27,000 after buying an additional 150 shares in the last quarter. McGlone Suttner Wealth Management Inc. purchased a new stake in Qualys in the 4th quarter worth $30,000. Sound Income Strategies LLC increased its stake in Qualys by 545.2% in the 1st quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock worth $33,000 after buying an additional 169 shares in the last quarter. Finally, DecisionPoint Financial LLC purchased a new stake in Qualys in the 1st quarter worth $34,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Robert W. Baird dropped their price target on Qualys from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday. Wedbush dropped their price target on Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a research report on Thursday, February 8th. Truist Financial dropped their price target on Qualys from $175.00 to $165.00 and set a “hold” rating on the stock in a research report on Wednesday. Stephens reissued an “equal weight” rating and issued a $190.00 price target on shares of Qualys in a research report on Thursday, February 8th. Finally, TD Cowen assumed coverage on Qualys in a research report on Tuesday, March 26th. They issued a “market perform” rating and a $170.00 price target on the stock. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $157.79.

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.