Insider Selling: Qualys, Inc. (NASDAQ:QLYS) CFO Sells 4,542 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,542 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $140.08, for a total transaction of $636,243.36. Following the completion of the sale, the chief financial officer now directly owns 108,215 shares of the company’s stock, valued at $15,158,757.20. The trade was a 4.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• 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.
• 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 Up 1.9 %

Shares of Qualys stock opened at $143.76 on Friday. Qualys, Inc. has a 12-month low of $119.17 and a 12-month high of $174.31. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 30.92 and a beta of 0.56. The firm’s 50 day simple moving average is $141.33 and its two-hundred day simple moving average is $135.46.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a return on equity of 39.64% and a net margin of 28.59%. On average, sell-side analysts predict that Qualys, Inc. will post 4.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on QLYS. Northland Securities reissued a “market perform” rating and set a $146.00 target price (down previously from $150.00) on shares of Qualys in a research report on Monday, February 10th. Scotiabank decreased their target price on shares of Qualys from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Canaccord Genuity Group decreased their target price on shares of Qualys from $170.00 to $163.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Morgan Stanley increased their target price on shares of Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. Finally, Westpark Capital reissued a “hold” rating on shares of Qualys in a research report on Wednesday, November 6th. Two 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’s stock. According to MarketBeat, Qualys currently has an average rating of “Hold” and an average target price of $146.57.

Institutional Trading of Qualys

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of Qualys by 157.5% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 59,950 shares of the software maker’s stock worth $8,406,000 after acquiring an additional 36,669 shares during the period. Schonfeld Strategic Advisors LLC increased its stake in shares of Qualys by 17.2% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 28,500 shares of the software maker’s stock worth $3,996,000 after acquiring an additional 4,187 shares during the period. Northern Trust Corp increased its stake in shares of Qualys by 10.1% in the fourth quarter. Northern Trust Corp now owns 571,016 shares of the software maker’s stock worth $80,068,000 after acquiring an additional 52,256 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of Qualys in the fourth quarter worth $54,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Qualys in the fourth quarter worth $6,983,000. Institutional investors and hedge funds 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.