On January 22, 2024, Chief Legal Officer Bruce Posey executed a sale of 1,000 shares of Qualys Inc (NASDAQ:QLYS), according to a recent SEC Filing. The transaction was carried out at a stock price of $197.78 per share, which resulted in a total value of $197,780.
Qualys Inc is a provider of cloud-based security and compliance solutions that enable 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, the insider has sold a total of 28,188 shares of Qualys Inc and has not made any purchases of the stock. The recent sale by the insider is part of a broader trend observed over the past year, where there have been no insider buys and 39 insider sells for the company.
As of the date of the insider's recent transaction, Qualys Inc had a market capitalization of approximately $7.29 billion. The stock's price-earnings ratio stood at 53.56, which is above the industry median of 26.91 but below the company's historical median price-earnings ratio.
The stock's trading price on the day of the transaction was $197.78, with a GuruFocus Value (GF Value) estimated at $172.10. This places the price-to-GF-Value ratio at 1.15, indicating that Qualys Inc is considered modestly overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's valuation and future prospects. The recent sale by the insider at Qualys Inc may be of interest to stakeholders tracking such insider activities.
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.
