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Insider Sale Alert: Qualys Inc [QLYS] – Is it Time to sell?

In a filing, Qualys Inc revealed its CHIEF LEGAL OFFICER POSEY BRUCE K unloaded Company’s shares for reported $0.24 million on Apr 22 ’24. In the deal valued at $167.33 per share,1,443 shares were sold. As a result of this transaction, POSEY BRUCE K now holds 62,614 shares worth roughly $10.66 million.

Then, Thakar Sumedh S sold 4,034 shares, generating $661,427 in total proceeds. Upon selling the shares at $163.96, the CEO & PRESIDENT now owns 193,608 shares.

Before that, Kim Joo Mi sold 1,912 shares. Qualys Inc shares valued at $315,550 were divested by the CHIEF FINANCIAL OFFICER at a price of $165.04 per share. As a result of the transaction, Kim Joo Mi now holds 97,176 shares, worth roughly $16.54 million.

Scotiabank initiated its Qualys Inc [QLYS] rating to a Sector perform in a research note published on April 26, 2024; the price target was $172. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in late March with a ‘”a Market perform”‘ rating. Stephens began covering QLYS with “an Equal-weight” recommendation on August 18, 2023. UBS started covering the stock on July 06, 2023. It rated QLYS as “a Neutral”.

Price Performance Review of QLYS

On Monday, Qualys Inc [NASDAQ:QLYS] saw its stock jump 2.91% to $170.19. Over the last five days, the stock has gained 1.14%. Qualys Inc shares have fallen nearly -13.29% since the year began. Nevertheless, the stocks have risen 57.22% 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 $166.93, while 200 days put it at $167.52. A total of 0.52 million shares were traded, compared to the trading of 0.36 million shares in the previous session.

Levels Of Support And Resistance For QLYS Stock

The 24-hour chart illustrates a support level at 167.26, which if violated will result in even more drops to 164.33. On the upside, there is a resistance level at 171.85. A further resistance level may holdings at 173.51. The Relative Strength Index (RSI) on the 14-day chart is 56.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.77%. Stochastics %K at 49.09% indicates the stock is a holding.

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