Insider Selling: Qualys (NASDAQ:QLYS) CFO Sells 4,753 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 4,753 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $130.77, for a total transaction of $621,549.81. Following the transaction, the chief financial officer directly owned 94,672 shares in the company, valued at approximately $12,380,257.44. This represents a 4.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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 stock was sold at an average price of $146.59, for a total transaction of $1,100,304.54.

Qualys Price Performance

NASDAQ QLYS traded up $0.01 during trading on Monday, hitting $131.02. 381,695 shares of the company’s stock traded hands, compared to its average volume of 363,948. The stock has a fifty day moving average of $140.62 and a two-hundred day moving average of $136.88. 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 $4.70 billion, a P/E ratio of 25.39 and a beta of 0.50.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The company had revenue of $169.88 million during the quarter, compared to analyst estimates of $166.30 million. Qualys had a return on equity of 37.40% and a net margin of 28.96%.Qualys’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.56 EPS. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. As a group, analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on QLYS. Truist Financial reissued a “hold” rating and issued a $130.00 price target (down previously from $145.00) on shares of Qualys in a report on Wednesday, November 5th. Robert W. Baird set a $150.00 target price on Qualys in a research note on Wednesday, November 5th. Morgan Stanley restated an “underweight” rating and set a $117.00 price target on shares of Qualys in a report on Thursday, December 18th. Berenberg Bank initiated coverage on Qualys in a report on Tuesday, November 18th. They issued a “hold” rating and a $165.00 price objective for the company. Finally, Northland Capmk upgraded Qualys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $143.57.

Institutional Trading of Qualys

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QLYS. Quadrant Capital Group LLC boosted its stake in shares of Qualys by 1.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock worth $665,000 after acquiring an additional 88 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in Qualys by 0.7% during the third quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker’s stock valued at $1,703,000 after purchasing an additional 90 shares during the period. Captrust Financial Advisors increased its position in Qualys by 4.6% in the second quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after buying an additional 90 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of Qualys by 2.4% in the second quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock worth $572,000 after buying an additional 93 shares during the period. Finally, Occidental Asset Management LLC lifted its position in shares of Qualys by 4.3% during the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock valued at $326,000 after buying an additional 95 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

About Qualys

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.