Qualys Inc CFO Joo Kim Sells 1,130 Shares
On February 5, 2024, Joo Kim, the CFO of Qualys Inc (NASDAQ:QLYS), sold 1,130 shares of the company's stock, according to a recent SEC Filing. The transaction was executed with the shares priced at $169.49 each, resulting in a total sale amount of $191,524.70.
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 10,486 shares of Qualys Inc and has not made any purchases of the stock. The recent sale by the insider is part of a trend observed over the past year, where there have been no insider buys and 39 insider sells for the company.
On the valuation front, Qualys Inc's shares were trading at $169.49 on the day of the insider's sale, giving the company a market capitalization of $6.517 billion. The price-earnings ratio of the company stands at 47.88, which is above the industry median of 26.43 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a stock price of $169.49 and a GuruFocus Value of $172.93, Qualys Inc is considered to be Fairly Valued, with a price-to-GF-Value ratio of 0.98.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, 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.
