On November 6, 2024, Sumedh Thakar, CEO & President of Qualys Inc (QLYS, Financial), executed a sale of 7,142 shares of the company at a price of $167.37 per share. This transaction was reported in an SEC Filing. Following this sale, the insider now owns 225,453 shares of Qualys Inc.
Qualys Inc is a provider of cloud-based security and compliance solutions to enterprises, government entities, and small and medium-sized businesses. The company's integrated suite of security solutions includes asset discovery, network security, threat protection, compliance monitoring, and web application security.
Over the past year, Sumedh Thakar has sold a total of 76,429 shares of Qualys Inc and has not made any purchases of the stock. The insider transaction history for Qualys Inc shows a total of 42 insider sells and no insider buys over the past year.
Shares of Qualys Inc were trading at $167.37 on the day of the transaction, giving the company a market cap of approximately $5.674 billion. The price-earnings ratio of the stock stands at 34.16, which is above the industry median of 26.585.
The stock's valuation according to GF Value is $181.05, indicating that Qualys Inc is modestly undervalued with a price-to-GF-Value ratio of 0.92.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This recent insider sale might interest investors tracking insider behaviors as an indicator of confidence levels in the company's future prospects.
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.
