Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 787 Shares

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 787 shares of the business's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $148.23, for a total value of $116,657.01. Following the transaction, the chief financial officer owned 99,288 shares of the company's stock, valued at $14,717,460.24. This trade represents a 0.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Thursday, June 5th, Joo Mi Kim sold 845 shares of Qualys stock. The shares were sold at an average price of $139.96, for a total value of $118,266.20.
• On Monday, May 5th, Joo Mi Kim sold 1,018 shares of Qualys stock. The stock was sold at an average price of $126.75, for a total value of $129,031.50.
• On Wednesday, April 9th, Joo Mi Kim sold 1,358 shares of Qualys stock. The stock was sold at an average price of $124.87, for a total value of $169,573.46.

Qualys Stock Performance

Qualys stock traded down $4.62 during trading hours on Thursday, hitting $141.39. 336,585 shares of the stock were exchanged, compared to its average volume of 371,550. The stock has a market capitalization of $5.14 billion, a P/E ratio of 28.91 and a beta of 0.62. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00. The business's 50-day moving average is $138.79 and its two-hundred day moving average is $134.66.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The software maker reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.21. Qualys had a net margin of 29.19% and a return on equity of 38.05%. The business had revenue of $159.90 million for the quarter, compared to analyst estimates of $157.05 million. During the same period in the prior year, the business posted $1.45 earnings per share. Qualys's revenue was up 9.7% compared to the same quarter last year. On average, equities analysts predict that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of QLYS. SBI Securities Co. Ltd. acquired a new stake in Qualys in the 4th quarter worth about $28,000. Quadrant Capital Group LLC increased its position in Qualys by 88.1% during the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker's stock worth $47,000 after purchasing an additional 156 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in Qualys in the 4th quarter valued at approximately $54,000. Manchester Capital Management LLC increased its position in Qualys by 52.4% in the 1st quarter. Manchester Capital Management LLC now owns 436 shares of the software maker's stock valued at $55,000 after acquiring an additional 150 shares during the period. Finally, Fifth Third Bancorp increased its position in Qualys by 27.9% in the 1st quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock valued at $63,000 after acquiring an additional 109 shares during the period. Institutional investors own 99.31% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on QLYS shares. Royal Bank Of Canada raised their price target on shares of Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. decreased their price target on shares of Qualys from $122.00 to $117.00 and set an "underweight" rating on the stock in a research note on Monday, April 28th. Wedbush decreased their price target on shares of Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Canaccord Genuity Group decreased their price target on shares of Qualys from $163.00 to $158.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Finally, Scotiabank set a $142.00 price target on shares of Qualys and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $137.50.

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.