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Keeping an Eye on Qualys Inc (QLYS) After Insider Trading Activity

Qualys Inc’s recently made public that its CEO & PRESIDENT Thakar Sumedh S unloaded Company’s shares for reported $1.03 million on Dec 16 ’24. In the deal valued at $147.16 per share,7,000 shares were sold. As a result of this transaction, Thakar Sumedh S now holds 225,453 shares worth roughly $31.73 million.

Then, Kim Joo Mi sold 1,332 shares, generating $209,617 in total proceeds. Upon selling the shares at $157.37, the CHIEF FINANCIAL OFFICER now owns 113,652 shares.

Before that, JOO MI KIM bought 5,967 shares. Qualys Inc shares valued at $947,858 were divested by the Officer at a price of $158.85 per share.

Wolfe Research upgraded its Qualys Inc [QLYS] rating to a Peer perform from a an Underperform in a research note published recently. Jefferies began covering QLYS with “Hold” recommendation on October 16, 2024. Scotiabank started covering the stock on April 26, 2024. It rated QLYS as “a Sector perform”.

Price Performance Review of QLYS

On Friday, Qualys Inc [NASDAQ:QLYS] saw its stock fall -1.31% to $140.73. Over the last five days, the stock has lost -4.62%. Qualys Inc shares have fallen nearly -28.30% since the year began. Nevertheless, the stocks have fallen -30.29% over the past one year. While a 52-week high of $206.27 was reached on 01/22/24, a 52-week low of $119.17 was recorded on 11/01/24. SMA at 50 days reached $141.31, while 200 days put it at $143.09.

Levels Of Support And Resistance For QLYS Stock

The 24-hour chart illustrates a support level at 139.46, which if violated will result in even more drops to 138.20. On the upside, there is a resistance level at 142.75. A further resistance level may holdings at 144.78. The Relative Strength Index (RSI) on the 14-day chart is 38.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.24%. Stochastics %K at 7.05% indicates the stock is a buying.

How much short interest is there in Qualys Inc?

A steep rise in short interest was recorded in Qualys Inc stocks on 2024-11-29, dropping by -0.33 million shares to a total of 3.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.65 million shares. There was a decline of -10.05%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 26, 2024 when TD Cowen began covering the stock and recommended ‘”a Market perform”‘ rating along with a $170 price target.

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