MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 115,427 Shares of Qualys, Inc. (NASDAQ:QLYS)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 37.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 423,576 shares of the software maker's stock after purchasing an additional 115,427 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 1.16% of Qualys worth $59,393,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Amalgamated Bank boosted its holdings in Qualys by 0.5% during the 4th quarter. Amalgamated Bank now owns 16,640 shares of the software maker's stock worth $2,333,000 after acquiring an additional 77 shares during the last quarter. HighTower Advisors LLC boosted its holdings in Qualys by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 5,749 shares of the software maker's stock worth $806,000 after acquiring an additional 80 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Qualys by 33.9% during the 4th quarter. Fifth Third Bancorp now owns 391 shares of the software maker's stock worth $55,000 after acquiring an additional 99 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Qualys by 12.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,089 shares of the software maker's stock worth $153,000 after acquiring an additional 123 shares during the last quarter. Finally, Huntington National Bank boosted its holdings in Qualys by 15.6% during the 4th quarter. Huntington National Bank now owns 932 shares of the software maker's stock worth $131,000 after acquiring an additional 126 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Sumedh S. Thakar sold 7,000 shares of the firm's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $123.81, for a total value of $866,670.00. Following the completion of the sale, the chief executive officer now owns 246,313 shares of the company's stock, valued at $30,496,012.53. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Bruce K. Posey sold 524 shares of the firm's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $129.38, for a total value of $67,795.12. Following the completion of the sale, the insider now directly owns 65,053 shares of the company's stock, valued at $8,416,557.14. The trade was a 0.80% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,127 shares of company stock valued at $1,905,108. Corporate insiders own 0.88% of the company's stock.

Wall Street Analysts Forecast Growth

QLYS has been the topic of a number of analyst reports. StockNews.com raised shares of Qualys from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. Jefferies Financial Group lowered their target price on Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a research note on Monday, March 31st. Scotiabank set a $142.00 target price on Qualys and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Northland Securities reiterated a "market perform" rating and set a $146.00 target price (down from $150.00) on shares of Qualys in a research note on Monday, February 10th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Qualys in a report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Qualys presently has a consensus rating of "Hold" and a consensus price target of $137.50.

Qualys Trading Up 0.7%

Shares of NASDAQ QLYS traded up $0.98 during midday trading on Friday, hitting $136.88. 312,104 shares of the company's stock were exchanged, compared to its average volume of 385,719. Qualys, Inc. has a 12-month low of $112.61 and a 12-month high of $170.00. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 29.44 and a beta of 0.61. The business's fifty day moving average price is $126.48 and its two-hundred day moving average price is $136.53.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The software maker reported $1.67 EPS for the quarter, topping the consensus estimate of $1.46 by $0.21. Qualys had a return on equity of 38.52% and a net margin of 28.59%. The company had revenue of $159.90 million during the quarter, compared to analyst estimates of $157.05 million. During the same quarter in the previous year, the firm earned $1.45 earnings per share. Qualys's revenue was up 9.7% on a year-over-year basis. Equities analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.

Qualys Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.