Joo Mi Kim Sells 1,018 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,018 shares of the company’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $126.75, for a total value of $129,031.50. Following the completion of the sale, the chief financial officer now owns 100,920 shares of the company’s stock, valued at $12,791,610. This represents a 1.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, April 9th, Joo Mi Kim sold 1,358 shares of Qualys stock. The stock was sold at an average price of $124.87, for a total transaction of $169,573.46.
• On Monday, April 7th, Joo Mi Kim sold 162 shares of Qualys stock. The stock was sold at an average price of $120.04, for a total value of $19,446.48.
• On Thursday, February 13th, Joo Mi Kim sold 4,542 shares of Qualys stock. The shares were sold at an average price of $140.08, for a total transaction of $636,243.36.
• 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.

Qualys Trading Up 4.6 %

QLYS stock opened at $133.48 on Friday. The firm has a 50 day moving average of $125.48 and a 200-day moving average of $135.90. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 28.71 and a beta of 0.61. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $170.00.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, May 6th. The software maker reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.21. Qualys had a net margin of 28.59% and a return on equity of 38.52%. The company had revenue of $159.90 million for the quarter, compared to the consensus estimate of $157.05 million. During the same quarter in the prior year, the firm earned $1.45 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Sell-side analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Qualys

Several institutional investors have recently added to or reduced their stakes in QLYS. SBI Securities Co. Ltd. acquired a new position in shares of Qualys in the 4th quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new stake in Qualys during the 4th quarter worth $39,000. Quadrant Capital Group LLC increased its holdings in Qualys by 88.1% in the 4th quarter. Quadrant Capital Group LLC now owns 333 shares of the software maker’s stock valued at $47,000 after purchasing an additional 156 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in Qualys in the fourth quarter valued at about $54,000. Finally, Fifth Third Bancorp boosted its holdings in Qualys by 33.9% in the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker’s stock worth $55,000 after acquiring an additional 99 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

QLYS has been the topic of several research reports. Canaccord Genuity Group cut their price target on shares of Qualys from $163.00 to $158.00 and set a “buy” rating on the stock in a report on Wednesday. Loop Capital decreased their target price on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, February 7th. Wedbush reduced their price objective on Qualys from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Wednesday. Needham & Company LLC reissued a “hold” rating on shares of Qualys in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. reduced their price target on Qualys from $122.00 to $117.00 and set an “underweight” rating for the company in a research report on Monday, April 28th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $137.50.

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.