Qualys, Inc. (NASDAQ:QLYS) CFO Sells $628,180.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,487 shares of Qualys stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $140.00, for a total transaction of $628,180.00. Following the sale, the chief financial officer now owns 112,757 shares in the company, valued at approximately $15,785,980. The trade was a 3.83 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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 Stock Down 0.3 %

QLYS traded down $0.38 on Tuesday, reaching $137.32. 260,601 shares of the company traded hands, compared to its average volume of 393,670. The company has a market cap of $5.02 billion, a P/E ratio of 29.53 and a beta of 0.56. Qualys, Inc. has a one year low of $119.17 and a one year high of $174.31. The firm has a fifty day simple moving average of $142.69 and a two-hundred day simple moving average of $135.49.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share 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%. On average, equities analysts forecast that Qualys, Inc. will post 4.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Morgan Stanley raised their price target on Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Jefferies Financial Group lifted their price target on Qualys from $135.00 to $155.00 and gave the stock a “hold” rating in a research report on Wednesday, November 6th. StockNews.com raised Qualys from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Royal Bank of Canada lowered their price objective on Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday. Finally, Canaccord Genuity Group decreased their price target on Qualys from $170.00 to $163.00 and set a “buy” rating on the stock in a report on Friday. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Qualys has a consensus rating of “Hold” and a consensus target price of $146.57.

Hedge Funds Weigh In On Qualys

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Qualys by 3.1% during the fourth 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 during the period. Geode Capital Management LLC lifted its stake in shares of Qualys by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,246,562 shares of the software maker’s stock worth $160,957,000 after purchasing an additional 20,038 shares during the last quarter. Boston Trust Walden Corp boosted its position in Qualys by 13.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker’s stock valued at $147,178,000 after purchasing an additional 123,530 shares in the last quarter. CDAM UK Ltd grew its stake in Qualys by 8.3% in the third quarter. CDAM UK Ltd now owns 502,913 shares of the software maker’s stock valued at $64,604,000 after purchasing an additional 38,509 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Qualys by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 456,540 shares of the software maker’s stock valued at $64,016,000 after purchasing an additional 3,848 shares during the last quarter. Institutional investors own 99.31% of the company’s stock.

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.