Key Points
- CFO Joo Mi Kim sold 4,753 shares on January 2 at an average price of $130.77 for about $621,550, reducing her holdings by 4.78% to 94,672 shares.
- Kim also sold 7,506 shares on December 2 at $146.59 (≈$1.10M), marking multiple recent insider sales.
- Qualys recently beat expectations, reporting $1.86 EPS vs. a $1.56 estimate and $169.88M revenue, and set FY2025 guidance of $6.93–$7.00 EPS while the street consensus rates the stock a "Hold" with an average $143.57 price target.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 4,753 shares of the company's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $130.77, for a total value of $621,549.81. Following the completion of the sale, the chief financial officer owned 94,672 shares in the company, valued at approximately $12,380,257.44. This represents a 4.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Joo Mi Kim also recently made the following trade(s):
- On Tuesday, December 2nd, Joo Mi Kim sold 7,506 shares of Qualys stock. The shares were sold at an average price of $146.59, for a total transaction of $1,100,304.54.
Qualys Stock Up 0.0%
Shares of Qualys stock opened at $131.02 on Tuesday. The firm has a market cap of $4.70 billion, a PE ratio of 25.39 and a beta of 0.50. Qualys, Inc. has a twelve month low of $112.61 and a twelve month high of $155.47. The business has a 50-day moving average price of $140.72 and a 200 day moving average price of $136.83.
Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.30. The business had revenue of $169.88 million for the quarter, compared to the consensus estimate of $166.30 million. Qualys had a return on equity of 37.40% and a net margin of 28.96%.The business's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.56 earnings per share. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. On average, sell-side analysts expect that Qualys, Inc. will post 3.85 EPS for the current year.
Hedge Funds Weigh In On Qualys
Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its stake in Qualys by 3,948.0% in the first quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker's stock worth $255,000 after acquiring an additional 1,974 shares during the last quarter. PharVision Advisers LLC acquired a new stake in shares of Qualys in the 1st quarter valued at $228,000. Voleon Capital Management LP purchased a new stake in shares of Qualys during the 1st quarter worth $355,000. United Services Automobile Association acquired a new position in shares of Qualys during the first quarter worth $306,000. Finally, Coppell Advisory Solutions LLC increased its holdings in Qualys by 3,466.2% in the first quarter. Coppell Advisory Solutions LLC now owns 5,278 shares of the software maker's stock valued at $678,000 after buying an additional 5,130 shares during the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have commented on QLYS. Zacks Research upgraded Qualys from a "hold" rating to a "strong-buy" rating in a research report on Friday, November 7th. Robert W. Baird set a $150.00 price objective on shares of Qualys in a report on Wednesday, November 5th. JPMorgan Chase & Co. upped their target price on shares of Qualys from $115.00 to $117.00 and gave the company an "underweight" rating in a research report on Wednesday, November 5th. Morgan Stanley reiterated an "underweight" rating and set a $117.00 price target on shares of Qualys in a research report on Thursday, December 18th. Finally, UBS Group boosted their price target on shares of Qualys from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $143.57.
Check Out Our Latest Report on QLYS
Qualys Company Profile
(
Get Free Report)
Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.
The company's flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.
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