Qualys (NASDAQ:QLYS) CFO Sells 787 Shares

Key Points

• Qualys CFO Joo Mi Kim sold 787 shares of the company's stock for approximately $101,657, reducing her ownership by 0.84% to 92,864 shares valued at about $11.99 million.
• Qualys shares traded down 1.5% to $127.66, and the stock has had a one-year range between a low of $112.61 and a high of $170.00.
• The company reported better-than-expected quarterly earnings with an EPS of $1.68, surpassing analyst expectations, and has set its FY 2025 guidance between 6.200-6.5 EPS.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 787 shares of Qualys stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $129.17, for a total transaction of $101,656.79. Following the sale, the chief financial officer owned 92,864 shares in the company, valued at approximately $11,995,242.88. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, September 5th, Joo Mi Kim sold 844 shares of Qualys stock. The stock was sold at an average price of $134.80, for a total transaction of $113,771.20.
• On Tuesday, August 5th, Joo Mi Kim sold 1,018 shares of Qualys stock. The shares were sold at an average price of $132.26, for a total value of $134,640.68.

Qualys Trading Down 1.5%

QLYS stock traded down $1.94 during trading on Tuesday, hitting $127.66. The company had a trading volume of 309,089 shares, compared to its average volume of 333,801. Qualys, Inc. has a one year low of $112.61 and a one year high of $170.00. The business has a 50-day moving average of $133.03 and a 200-day moving average of $133.57. The stock has a market cap of $4.61 billion, a PE ratio of 25.48 and a beta of 0.62.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.21. The company 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 quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.52 EPS. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. Research analysts forecast that Qualys, Inc. will post 3.85 EPS for the current year.

Institutional Investors Weigh In On Qualys

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Qualys in the second quarter valued at approximately $44,000. SBI Securities Co. Ltd. boosted its holdings in Qualys by 82.7% in the 1st 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 period. Manchester Capital Management LLC grew its position 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 valued at $55,000 after purchasing an additional 150 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of Qualys by 27.9% in the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker's stock worth $63,000 after purchasing an additional 109 shares during the period. Finally, Parallel Advisors LLC raised its position in shares of Qualys by 82.0% in the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker's stock worth $69,000 after buying an additional 218 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Scotiabank boosted their target price 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 research note on Monday, August 11th. Wedbush boosted their price objective on Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. DA Davidson lifted their price objective on shares of Qualys from $130.00 to $135.00 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Finally, Morgan Stanley boosted their target price on Qualys from $90.00 to $97.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $141.00.

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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