Joo Mi Kim Sells 844 Shares of Qualys (NASDAQ:QLYS) Stock

Key Points

• Joo Mi Kim, CFO of Qualys, sold 844 shares of stock at an average price of $134.80, totaling $113,771.20, which reduced their ownership by 0.89%.
• Qualys reported an earnings per share (EPS) of $1.68 for the last quarter, exceeding estimates by $0.21, and saw a 10.3% year-over-year revenue increase.
• Analysts have recently upgraded their ratings for Qualys, with Scotiabank setting a new price target of $150.00 and Zacks Research issuing a "strong-buy" rating.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 844 shares of the business's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $134.80, for a total transaction of $113,771.20. Following the sale, the chief financial officer owned 93,651 shares in the company, valued at $12,624,154.80. This trade represents a 0.89% decrease in their ownership of the stock. 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 Tuesday, August 5th, Joo Mi Kim sold 1,018 shares of Qualys stock. The stock was sold at an average price of $132.26, for a total transaction of $134,640.68.
• On Monday, July 7th, Joo Mi Kim sold 787 shares of Qualys stock. The shares were sold at an average price of $148.23, for a total transaction of $116,657.01.

Qualys Stock Up 0.2%

Qualys stock traded up $0.21 during mid-day trading on Monday, hitting $135.16. The company had a trading volume of 286,217 shares, compared to its average volume of 335,431. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 26.98 and a beta of 0.65. Qualys, Inc. has a 1 year low of $112.61 and a 1 year high of $170.00. The business has a fifty day moving average of $136.47 and a 200 day moving average of $132.93.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.21. The business had revenue of $164.06 million for the quarter, compared to analyst estimates of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The company's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the firm posted $1.52 earnings per share. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. Equities analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Scotiabank raised their price target on Qualys from $142.00 to $150.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 6th. Zacks Research upgraded Qualys to a "strong-buy" rating in a report on Monday, August 11th. Morgan Stanley lifted their price target on Qualys from $90.00 to $97.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. DA Davidson lifted their price objective on Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Finally, Jefferies Financial Group lifted their price objective on Qualys from $140.00 to $150.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $141.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Qualys in the second quarter worth $44,000. SBI Securities Co. Ltd. lifted its holdings in shares of Qualys by 82.7% during the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker's stock valued at $46,000 after purchasing an additional 167 shares during the last quarter. Manchester Capital Management LLC lifted its stake in Qualys by 52.4% in 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 in the last quarter. Fifth Third Bancorp lifted its stake in Qualys by 27.9% in the 1st quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock worth $63,000 after acquiring an additional 109 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Qualys by 82.0% in the 2nd quarter. Parallel Advisors LLC now owns 484 shares of the software maker's stock worth $69,000 after acquiring an additional 218 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Qualys Company Profile

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.

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