Joo Mi Kim Sells 4,542 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,542 shares of Qualys stock in a transaction on Thursday, February 13th. The stock was 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. This represents a 4.03 % decrease in their position. 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 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.
• 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 transaction of $226,676.40.
• On Thursday, December 5th, Joo Mi Kim sold 1,332 shares of Qualys stock. The stock was sold at an average price of $157.37, for a total transaction of $209,616.84.

Qualys Trading Up 1.9 %

Shares of Qualys stock opened at $143.76 on Friday. The company’s 50-day moving average price is $141.33 and its two-hundred day moving average price is $135.37. Qualys, Inc. has a 52 week low of $119.17 and a 52 week high of $174.31. The stock has a market cap of $5.26 billion, a PE ratio of 30.92 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results 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 return on equity of 39.64% and a net margin of 28.59%. On average, equities analysts predict that Qualys, Inc. will post 4.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on QLYS shares. TD Cowen boosted their price target on shares of Qualys from $130.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Jefferies Financial Group boosted their price target on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. StockNews.com raised shares of Qualys from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley boosted their price target on shares of Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Finally, Loop Capital reduced their price target on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a report on Friday, February 7th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $146.57.

Institutional Investors Weigh In On Qualys

Hedge funds and other institutional investors have recently bought and sold shares of the business. Aigen Investment Management LP bought a new stake in Qualys in the third quarter worth about $445,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in 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 worth $11,072,000 after buying an additional 58,252 shares during the period. Intech Investment Management LLC raised 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 buying an additional 14,804 shares during the period. Van ECK Associates Corp raised 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 buying an additional 8,291 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Qualys by 6.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 63,320 shares of the software maker’s stock worth $8,134,000 after buying an additional 4,040 shares during the period. 99.31% of the stock is currently 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.