Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim Sells 4,487 Shares

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,487 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $140.00, for a total transaction of $628,180.00. Following the completion of the sale, the chief financial officer now directly owns 112,757 shares of the company’s stock, valued at approximately $15,785,980. The trade was a 3.83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, January 6th, Joo Mi Kim sold 1,635 shares of Qualys stock. The shares were 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 shares were sold at an average price of $157.37, for a total transaction of $209,616.84.

Qualys Trading Down 0.3 %

NASDAQ:QLYS opened at $137.32 on Wednesday. The stock’s 50-day moving average is $142.69 and its 200-day moving average is $135.49. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.31. The stock has a market cap of $5.02 billion, a P/E ratio of 29.53 and a beta of 0.56.

Qualys (NASDAQ:QLYS) last announced its 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 net margin of 28.59% and a return on equity of 39.64%. As a group, equities analysts forecast that Qualys, Inc. will post 4.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Scotiabank dropped their price target on Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Westpark Capital reaffirmed a “hold” rating on shares of Qualys in a research note on Wednesday, November 6th. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a research note on Monday. Royal Bank of Canada lowered their target price on Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Finally, Canaccord Genuity Group lowered their target price on Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Qualys has an average rating of “Hold” and an average target price of $146.57.

Institutional Trading of Qualys

Institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its holdings in shares of Qualys by 1,386.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker’s stock worth $49,876,000 after buying an additional 331,766 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Qualys by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker’s stock worth $604,721,000 after buying an additional 131,339 shares in the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Qualys by 13.3% during the 4th quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock worth $147,178,000 after buying an additional 123,530 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Qualys during the 4th quarter worth approximately $15,937,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of 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 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.