Key Points
- Qualys CFO Joo Mi Kim sold 3,414 shares on Feb. 2 at an average price of $135.63 for about $463,041, cutting her stake by 3.71% to 88,489 shares valued near $12.0M.
- Recent insider selling: Kim also sold 4,753 shares on Jan. 2 and 7,506 shares on Dec. 2, totaling 15,673 shares sold since Dec. 2 for roughly $2.18M in proceeds.
- Stock context: QLYS has traded down ~5.5% (opened $127.52), has a $4.57B market cap, and carries an average analyst rating of "Hold" with a consensus target around $143.57.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 3,414 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $135.63, for a total value of $463,040.82. Following the completion of the transaction, the chief financial officer directly owned 88,489 shares in the company, valued at $12,001,763.07. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Joo Mi Kim also recently made the following trade(s):
- On Friday, January 2nd, Joo Mi Kim sold 4,753 shares of Qualys stock. The stock was sold at an average price of $130.77, for a total value of $621,549.81.
- 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 value of $1,100,304.54.
Qualys Stock Down 5.5%
NASDAQ:QLYS opened at $127.52 on Wednesday. The company's 50 day moving average is $138.21 and its 200-day moving average is $135.40. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $155.47. The firm has a market cap of $4.57 billion, a price-to-earnings ratio of 24.71 and a beta of 0.53.
Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.30. The business had revenue of $169.88 million during the quarter, compared to the consensus estimate of $166.30 million. Qualys had a net margin of 28.96% and a return on equity of 37.40%. Qualys's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 EPS. Research analysts predict that Qualys, Inc. will post 3.85 EPS for the current fiscal year.
Hedge Funds Weigh In On Qualys
Several large investors have recently added to or reduced their stakes in QLYS. RWA Wealth Partners LLC acquired a new stake in shares of Qualys during the 3rd quarter worth approximately $80,820,000. Alyeska Investment Group L.P. bought a new position in Qualys in the third quarter worth $45,854,000. AQR Capital Management LLC boosted its stake in Qualys by 46.9% during the second quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker's stock worth $144,133,000 after buying an additional 323,324 shares in the last quarter. Fundsmith LLP increased its holdings in Qualys by 21.2% in the 3rd quarter. Fundsmith LLP now owns 870,859 shares of the software maker's stock valued at $115,241,000 after buying an additional 152,257 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Qualys by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,401,798 shares of the software maker's stock valued at $582,490,000 after buying an additional 123,962 shares during the period. Institutional investors and hedge funds own 99.31% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on QLYS shares. Truist Financial reiterated a "hold" rating and issued a $130.00 price objective (down from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Morgan Stanley restated an "underweight" rating and set a $117.00 target price on shares of Qualys in a research note on Thursday, December 18th. Zacks Research downgraded Qualys from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 5th. UBS Group upped their price target on Qualys from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Wednesday, November 5th. Finally, Canaccord Genuity Group increased their price objective on Qualys from $158.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $143.57.
Check Out Our Latest Analysis on Qualys
About Qualys
(
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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