Qualys, Inc. (NASDAQ:QLYS) CFO Sells $636,243.36 in Stock

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 4,542 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $140.08, for a total transaction of $636,243.36. Following the completion of the transaction, the chief financial officer now directly owns 108,215 shares of the company's stock, valued at approximately $15,158,757.20. The trade was a 4.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, February 10th, Joo Mi Kim sold 4,487 shares of Qualys stock. The shares were sold at an average price of $140.00, for a total value of $628,180.00.
• 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 value of $226,676.40.
• 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 value of $209,616.84.

Qualys Price Performance

Shares of NASDAQ QLYS traded up $3.94 during trading on Tuesday, reaching $147.70. 437,539 shares of the stock traded hands, compared to its average volume of 391,037. The stock has a market capitalization of $5.40 billion, a P/E ratio of 31.76 and a beta of 0.56. Qualys, Inc. has a 52-week low of $119.17 and a 52-week high of $174.31. The company has a 50-day moving average of $141.09 and a 200-day moving average of $135.31.

Qualys (NASDAQ:QLYS - Get Free Report) last released 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%. Analysts expect that Qualys, Inc. will post 4.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on QLYS. Truist Financial raised their price objective on shares of Qualys from $120.00 to $145.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. Jefferies Financial Group upped their price target 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. Loop Capital lowered their price objective on Qualys from $150.00 to $140.00 and set a "hold" rating for the company in a research report on Friday, February 7th. Scotiabank cut their target price on Qualys from $150.00 to $140.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Finally, TD Cowen lifted their target price on Qualys from $130.00 to $150.00 and gave the stock a "hold" rating in a report on Wednesday, November 6th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $146.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Aigen Investment Management LP purchased a new stake in shares of Qualys during the third quarter worth $445,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Qualys by 208.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker's stock valued at $11,072,000 after purchasing an additional 58,252 shares during the period. Intech Investment Management LLC lifted its holdings in Qualys by 428.9% during the 3rd quarter. Intech Investment Management LLC now owns 18,256 shares of the software maker's stock worth $2,345,000 after purchasing an additional 14,804 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Qualys by 40.0% during the 3rd quarter. Van ECK Associates Corp now owns 29,015 shares of the software maker's stock worth $3,525,000 after purchasing an additional 8,291 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Qualys by 13.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,833 shares of the software maker's stock worth $1,095,000 after purchasing an additional 933 shares during the period. 99.31% of the stock is owned by 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.