Joo Mi Kim Sells 4,487 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 4,487 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $140.00, for a total transaction of $628,180.00. Following the transaction, the chief financial officer now owns 112,757 shares in the company, valued at $15,785,980. This trade represents a 3.83 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, February 13th, Joo Mi Kim sold 4,542 shares of Qualys stock. The stock was sold at an average price of $140.08, for a total transaction of $636,243.36.
• 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 traded up $2.63 during mid-day trading on Friday, hitting $143.76. 329,937 shares of the stock traded hands, compared to its average volume of 350,052. The stock has a market cap of $5.26 billion, a P/E ratio of 30.92 and a beta of 0.56. The stock's fifty day moving average is $141.33 and its two-hundred day moving average is $135.46. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 39.64%. As a group, equities analysts forecast that Qualys, Inc. will post 4.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on QLYS shares. Scotiabank cut their price target 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. Westpark Capital restated a "hold" rating on shares of Qualys in a report on Wednesday, November 6th. Jefferies Financial Group increased their target price on shares of Qualys from $135.00 to $155.00 and gave the stock a "hold" rating in a report on Wednesday, November 6th. Canaccord Genuity Group dropped their target price on shares of Qualys from $170.00 to $163.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Finally, UBS Group increased their target price on shares of Qualys from $140.00 to $160.00 and gave the stock a "neutral" rating in a report on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Qualys has a consensus rating of "Hold" and a consensus price target of $146.57.

Hedge Funds Weigh In On Qualys

Hedge funds and other institutional investors have recently modified their holdings of the stock. Amalgamated Bank grew its stake in shares of Qualys by 0.5% during the 4th quarter. Amalgamated Bank now owns 16,640 shares of the software maker's stock worth $2,333,000 after purchasing an additional 77 shares during the period. HighTower Advisors LLC grew its stake in shares of Qualys by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker's stock worth $806,000 after purchasing an additional 80 shares during the period. Financial Enhancement Group LLC grew its stake in shares of Qualys by 1.5% during the 3rd quarter. Financial Enhancement Group LLC now owns 6,100 shares of the software maker's stock worth $784,000 after purchasing an additional 91 shares during the period. Fifth Third Bancorp grew its stake in shares of Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after purchasing an additional 99 shares during the period. Finally, Nisa Investment Advisors LLC grew its stake in shares of Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker's stock worth $153,000 after purchasing an additional 123 shares during the period. 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.