Qualys Inc’s recent filing unveils that its CHIEF FINANCIAL OFFICER Kim Joo Mi unloaded Company’s shares for reported $0.32 million on Apr 05 ’24. In the deal valued at $165.04 per share,1,912 shares were sold. As a result of this transaction, Kim Joo Mi now holds 97,176 shares worth roughly $16.27 million.
Then, POSEY BRUCE K sold 1,430 shares, generating $235,818 in total proceeds. Upon selling the shares at $164.91, the CHIEF LEGAL OFFICER now owns 63,057 shares.
Before that, Thakar Sumedh S sold 4,120 shares. Qualys Inc shares valued at $690,589 were divested by the CEO & PRESIDENT at a price of $167.62 per share. As a result of the transaction, Thakar Sumedh S now holds 194,481 shares, worth roughly $32.55 million.
TD Cowen initiated its Qualys Inc [QLYS] rating to a Market perform in a research note published on March 26, 2024; the price target was $170. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid August with a ‘”an Equal-weight”‘ rating. UBS began covering QLYS with “Neutral” recommendation on July 06, 2023. Piper Sandler revised its rating on June 09, 2023. It rated QLYS as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of QLYS
On Tuesday, Qualys Inc [NASDAQ:QLYS] saw its stock jump 0.44% to $167.39. Over the last five days, the stock has gained 0.72%. Qualys Inc shares have fallen nearly -14.72% since the year began. Nevertheless, the stocks have risen 31.66% over the past one year. While a 52-week high of $206.35 was reached on 01/22/24, a 52-week low of $107.00 was recorded on 02/21/24. SMA at 50 days reached $169.85, while 200 days put it at $163.86. A total of 0.22 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For QLYS Stock
The 24-hour chart illustrates a support level at 166.52, which if violated will result in even more drops to 165.65. On the upside, there is a resistance level at 168.44. A further resistance level may holdings at 169.49. The Relative Strength Index (RSI) on the 14-day chart is 49.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.41%. Stochastics %K at 58.40% indicates the stock is a holding.
How much short interest is there in Qualys Inc?
A steep rise in short interest was recorded in Qualys Inc stocks on Mar 15, 2024, growing by 0.36 million shares to a total of 3.79 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 3.43 million shares. There was a rise of 9.5%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 11.76% of the overall stock float, the days-to-cover ratio (short ratio) rose to 7.92.
The most recent change occurred on May 31, 2023 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
