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

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,635 shares of the business’s 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 sale, the chief financial officer now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

Qualys Stock Down 0.9 %

Shares of QLYS opened at $136.21 on Wednesday. The stock has a market cap of $4.98 billion, a PE ratio of 30.00 and a beta of 0.57. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $201.03. The business has a 50-day simple moving average of $145.82 and a two-hundred day simple moving average of $136.03.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.23. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The company had revenue of $153.87 million during the quarter, compared to the consensus estimate of $150.74 million. During the same quarter in the prior year, the firm posted $1.24 earnings per share. The firm’s revenue was up 8.4% compared to the same quarter last year. On average, equities research analysts expect that Qualys, Inc. will post 4.34 EPS for the current year.

Hedge Funds Weigh In On Qualys

A number of hedge funds have recently modified their holdings of the business. Rhumbline Advisers raised its position in Qualys by 1.4% during the 2nd quarter. Rhumbline Advisers now owns 116,710 shares of the software maker’s stock worth $16,643,000 after purchasing an additional 1,612 shares during the last quarter. TD Asset Management Inc raised its position in shares of Qualys by 182.6% during the second quarter. TD Asset Management Inc now owns 6,500 shares of the software maker’s stock worth $927,000 after acquiring an additional 4,200 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Qualys by 26.0% in the second quarter. Victory Capital Management Inc. now owns 38,070 shares of the software maker’s stock worth $5,429,000 after acquiring an additional 7,863 shares during the period. Arizona State Retirement System boosted its holdings in Qualys by 2.4% in the second quarter. Arizona State Retirement System now owns 10,351 shares of the software maker’s stock valued at $1,476,000 after acquiring an additional 242 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in Qualys by 95.7% during the 2nd quarter. Acadian Asset Management LLC now owns 286,005 shares of the software maker’s stock valued at $40,771,000 after purchasing an additional 139,897 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on QLYS shares. Westpark Capital restated a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. DA Davidson raised their price target on Qualys from $120.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Wolfe Research raised Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Royal Bank of Canada increased their price objective on shares of Qualys from $150.00 to $162.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 6th. Finally, Jefferies Financial Group boosted their target price on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a research report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $152.80.

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.