Insider Sell: Chief Legal Officer Bruce Posey Sells 1,000 Shares of Qualys Inc
On December 20, 2023, Bruce Posey, the Chief Legal Officer of Qualys Inc (NASDAQ:QLYS), executed a sale of 1,000 shares of the company. The transaction was filed with the SEC and can be found in the following SEC Filing.
Qualys Inc is a provider of cloud-based security and compliance solutions that enable organizations to identify security risks to their IT infrastructures, help protect their IT systems and applications from cyber-attacks, and achieve compliance with internal policies and external regulations.
Over the past year, the insider has sold a total of 27,188 shares and has not made any purchases of the company's stock. The insider transaction history for Qualys Inc indicates a pattern of insider sales, with 37 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of Qualys Inc were trading at $203.81, resulting in a market capitalization of $7.512 billion. The price-earnings ratio of the stock stands at 55.19, which is above the industry median of 26.79 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.2, with a current share price of $203.81 and a GuruFocus Value of $170.08, indicating that Qualys Inc is considered Modestly Overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
