Qualys, Inc. (NASDAQ:QLYS – Get Free Report) CFO Joo Mi Kim sold 965 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $143.44, for a total value of $138,419.60. Following the transaction, the chief financial officer owned 81,215 shares of the company’s stock, valued at $11,649,479.60. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Joo Mi Kim also recently made the following trade(s):
- On Tuesday, June 2nd, Joo Mi Kim sold 1,031 shares of Qualys stock. The shares were sold at an average price of $111.67, for a total transaction of $115,131.77.
- On Tuesday, May 19th, Joo Mi Kim sold 1,627 shares of Qualys stock. The shares were sold at an average price of $100.17, for a total transaction of $162,976.59.
Qualys Price Performance
Qualys stock opened at $153.54 on Thursday. The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 27.57 and a beta of 0.61. The company’s 50 day simple moving average is $110.40 and its 200 day simple moving average is $109.21. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $164.17.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Truist Financial lowered their price target on Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a report on Friday, April 24th. Wall Street Zen lowered Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings raised Qualys from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 2nd. Piper Sandler cut their price target on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada upped their price target on shares of Qualys from $85.00 to $90.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $132.29.
View Our Latest Stock Report on Qualys
Hedge Funds Weigh In On Qualys
A number of large investors have recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. bought a new position in shares of Qualys during the 4th quarter worth approximately $78,591,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Qualys by 127.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock worth $73,161,000 after purchasing an additional 465,952 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in Qualys during the third quarter worth $45,854,000. AQR Capital Management LLC boosted its holdings 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 purchasing an additional 323,324 shares during the last quarter. Finally, Clark Capital Management Group Inc. grew its position in Qualys by 402.2% in the fourth quarter. Clark Capital Management Group Inc. now owns 363,593 shares of the software maker’s stock valued at $48,322,000 after purchasing an additional 291,192 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.
Qualys Company Profile
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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