MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $59.39 Million Holdings in Qualys, Inc. (NASDAQ:QLYS)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 37.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 423,576 shares of the software maker's stock after buying an additional 115,427 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 1.16% of Qualys worth $59,393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Assenagon Asset Management S.A. raised its position in Qualys by 1,386.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 355,699 shares of the software maker's stock valued at $49,876,000 after purchasing an additional 331,766 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Qualys during the fourth quarter valued at approximately $27,086,000. Vanguard Group Inc. raised its position in Qualys by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 4,312,662 shares of the software maker's stock valued at $604,721,000 after purchasing an additional 131,339 shares in the last quarter. Boston Trust Walden Corp raised its position in Qualys by 13.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,049,623 shares of the software maker's stock valued at $147,178,000 after purchasing an additional 123,530 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Qualys during the fourth quarter valued at approximately $15,937,000. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Stock Up 0.7%

QLYS traded up $0.98 during trading on Friday, reaching $136.88. 312,104 shares of the stock traded hands, compared to its average volume of 385,823. The stock has a market capitalization of $4.97 billion, a PE ratio of 29.44 and a beta of 0.61. The stock's 50-day moving average is $126.48 and its 200 day moving average is $136.64. Qualys, Inc. has a 12 month low of $112.61 and a 12 month high of $170.00.

Qualys (NASDAQ:QLYS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The software maker reported $1.67 EPS for the quarter, beating analysts' consensus estimates of $1.46 by $0.21. The business had revenue of $159.90 million for the quarter, compared to analysts' expectations of $157.05 million. Qualys had a net margin of 28.59% and a return on equity of 38.52%. The business's quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 earnings per share. As a group, equities research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Insider Activity

In other news, CEO Sumedh S. Thakar sold 7,000 shares of the company's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $123.81, for a total transaction of $866,670.00. Following the transaction, the chief executive officer now owns 246,313 shares in the company, valued at approximately $30,496,012.53. This represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bruce K. Posey sold 524 shares of the company's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $129.38, for a total transaction of $67,795.12. Following the transaction, the insider now owns 65,053 shares in the company, valued at $8,416,557.14. This represents a 0.80% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,127 shares of company stock worth $1,905,108. Company insiders own 0.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on QLYS. Jefferies Financial Group decreased their target price on shares of Qualys from $145.00 to $130.00 and set a "hold" rating on the stock in a research note on Monday, March 31st. StockNews.com raised shares of Qualys from a "hold" rating to a "buy" rating in a research note on Saturday, April 12th. Wedbush decreased their target price on shares of Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Royal Bank of Canada boosted their target price on shares of Qualys from $131.00 to $140.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Finally, Loop Capital decreased their target price on shares of Qualys from $150.00 to $140.00 and set a "hold" rating on the stock in a research note on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $137.50.

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.