Qualys, Inc. (NASDAQ:QLYS) CFO Sells $129,031.50 in Stock

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 1,018 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $126.75, for a total transaction of $129,031.50. Following the completion of the sale, the chief financial officer now directly owns 100,920 shares in the company, valued at $12,791,610. This trade represents a 1.00 % decrease in their position. The sale 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 Wednesday, April 9th, Joo Mi Kim sold 1,358 shares of Qualys stock. The shares were sold at an average price of $124.87, for a total value of $169,573.46.
• On Monday, April 7th, Joo Mi Kim sold 162 shares of Qualys stock. The stock was sold at an average price of $120.04, for a total value of $19,446.48.
• 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, February 10th, Joo Mi Kim sold 4,487 shares of Qualys stock. The stock was sold at an average price of $140.00, for a total transaction of $628,180.00.

Qualys Stock Performance

QLYS traded down $1.17 on Friday, hitting $132.31. 341,413 shares of the company were exchanged, compared to its average volume of 387,678. The stock's fifty day moving average is $125.57 and its 200-day moving average is $135.96. The company has a market cap of $4.81 billion, a PE ratio of 28.45 and a beta of 0.61. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The software maker reported $1.67 EPS for the quarter, beating the consensus estimate of $1.46 by $0.21. The company had revenue of $159.90 million during the quarter, compared to the consensus estimate of $157.05 million. Qualys had a return on equity of 38.52% and a net margin of 28.59%. The firm's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 EPS. As a group, equities research analysts expect that Qualys, Inc. will post 3.85 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on QLYS shares. Wedbush lowered their target price on Qualys from $160.00 to $145.00 and set an "outperform" rating for the company in a research note on Wednesday. JPMorgan Chase & Co. reduced their price target on shares of Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a research report on Monday, April 28th. Northland Securities restated a "market perform" rating and issued a $146.00 price objective (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. StockNews.com upgraded Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Finally, Royal Bank of Canada increased their price target on Qualys from $131.00 to $140.00 and gave the stock a "sector perform" rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $137.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of QLYS. Headlands Technologies LLC bought a new position in Qualys during the first quarter worth about $127,000. Ontario Teachers Pension Plan Board boosted its stake in shares of Qualys by 56.5% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 11,226 shares of the software maker's stock worth $1,414,000 after acquiring an additional 4,054 shares during the period. Manchester Capital Management LLC boosted its stake in shares of Qualys by 52.4% during the 1st quarter. Manchester Capital Management LLC now owns 436 shares of the software maker's stock worth $55,000 after acquiring an additional 150 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Qualys by 9.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,602 shares of the software maker's stock worth $705,000 after acquiring an additional 463 shares during the last quarter. Finally, Jefferies Financial Group Inc. boosted its holdings in shares of Qualys by 818.1% during the 1st quarter. Jefferies Financial Group Inc. now owns 17,857 shares of the software maker's stock worth $2,249,000 after buying an additional 15,912 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

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.