Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 616 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 616 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $123.54, for a total value of $76,100.64. Following the sale, the chief financial officer now owns 86,576 shares in the company, valued at $10,695,599.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, August 5th, Joo Mi Kim sold 616 shares of Qualys stock. The stock was sold at an average price of $133.93, for a total value of $82,500.88.
• On Friday, July 5th, Joo Mi Kim sold 634 shares of Qualys stock. The shares were sold at an average price of $144.75, for a total transaction of $91,771.50.

Qualys Trading Down 1.2 %

NASDAQ:QLYS opened at $122.23 on Friday. The firm’s fifty day simple moving average is $134.37 and its 200 day simple moving average is $148.79. Qualys, Inc. has a twelve month low of $119.32 and a twelve month high of $206.35. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 28.29 and a beta of 0.46.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, August 6th. The software maker reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.20. Qualys had a return on equity of 44.80% and a net margin of 29.36%. The company had revenue of $148.70 million for the quarter, compared to analysts’ expectations of $148.80 million. During the same quarter in the previous year, the firm posted $0.95 earnings per share. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. On average, analysts predict that Qualys, Inc. will post 3.94 earnings per share for the current year.

Hedge Funds Weigh In On Qualys

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rise Advisors LLC acquired a new position in shares of Qualys during the first quarter worth $26,000. Global Retirement Partners LLC increased its stake in Qualys by 1,666.7% during 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 during the period. First Horizon Advisors Inc. lifted its holdings in Qualys by 294.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 225 shares of the software maker’s stock worth $32,000 after buying an additional 168 shares in the last quarter. Sound Income Strategies LLC boosted its position in Qualys by 545.2% in the 1st quarter. Sound Income Strategies LLC now owns 200 shares of the software maker’s stock valued at $33,000 after buying an additional 169 shares during the last quarter. Finally, DecisionPoint Financial LLC acquired a new stake in shares of Qualys during the first quarter valued at about $34,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on QLYS shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Qualys in a report on Wednesday, August 7th. Royal Bank of Canada reduced their target price on Qualys from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. TD Cowen dropped their price target on Qualys from $170.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. Westpark Capital reissued a “hold” rating on shares of Qualys in a report on Monday, August 5th. Finally, Piper Sandler decreased their price objective on Qualys from $116.00 to $115.00 and set an “underweight” rating on the stock in a research note on Wednesday, August 7th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Qualys presently has an average rating of “Hold” and a consensus price target of $147.83.

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.