On October 7, 2024, Joo Kim, Chief Financial Officer of Qualys Inc (QLYS, Financial), sold 634 shares of the company at a price of $122.19 per share. This transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 85,942 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 around the world. The company helps organizations streamline their security and compliance solutions and provides powerful insights into where their IT security stands.
Over the past year, Joo Kim has sold a total of 17,165 shares of Qualys Inc and has not purchased any shares. This recent transaction follows a pattern observed over the last year, where there have been 41 insider sells and no insider buys.
Shares of Qualys Inc were trading at $122.19 on the day of the transaction, giving the company a market cap of approximately $4.52 billion. The price-earnings ratio of the stock is 27.02, slightly above the industry median.
According to the GF Value, the intrinsic value of Qualys Inc is estimated at $180.12 per share, suggesting that the stock is significantly undervalued with a price-to-GF-Value ratio of 0.68.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and 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.
