Insider Sale: CFO Joo Kim Sells Shares of Qualys Inc (QLYS)

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Chief Financial Officer Joo Kim sold 1,480 shares of Qualys Inc (QLYS, Financial) on November 6, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 114,984 shares of the company.

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 technology enables 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, Joo Kim has sold a total of 18,645 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend where there have been 42 insider sells and no insider buys at Qualys Inc over the past year.

Shares of Qualys Inc were trading at $165 on the day of the transaction, giving the company a market cap of approximately $6.674 billion. The price-earnings ratio of the stock stands at 34.16, which is above the industry median of 26.585.

The GF Value of Qualys Inc is estimated at $181.05, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.91. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.

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This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including the price-sales ratio, price-book ratio, and price-to-free cash flow.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.