Qualys Inc CFO Joo Kim Sells 2,129 Shares
On January 5, 2024, Joo Kim, the CFO of Qualys Inc (NASDAQ:QLYS), sold 2,129 shares of the company's stock, according to a recent SEC Filing. This transaction was executed at a price of $182.55 per share, resulting in a total sale amount of $388,676.95.
Qualys Inc is a provider of cloud-based security and compliance solutions, offering services such as vulnerability management, policy compliance, web application scanning, malware detection, and more to businesses and government entities.
Over the past year, the insider has sold a total of 9,356 shares and has not made any purchases of the company's stock.
The insider transaction history for Qualys Inc shows a pattern of selling activity, with 38 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, Qualys Inc's shares were trading at $182.55, giving the company a market cap of $6.77 billion. The price-earnings ratio stood at 49.78, above the industry median of 26.83 but below the company's historical median price-earnings ratio.
With the current share price and a GuruFocus Value of $171.32, Qualys Inc has a price-to-GF-Value ratio of 1.07, indicating that the stock is Fairly Valued according to GuruFocus's valuation model.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on 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.
