Qualys, Inc. (NASDAQ:QLYS) Stock Holdings Raised by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in Qualys, Inc. (NASDAQ:QLYS) by 13.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,833 shares of the software maker’s stock after acquiring an additional 933 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Qualys were worth $1,095,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Aigen Investment Management LP bought a new stake in shares of Qualys during the third quarter valued at approximately $445,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in Qualys by 208.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,187 shares of the software maker’s stock valued at $11,072,000 after acquiring an additional 58,252 shares in the last quarter. Intech Investment Management LLC boosted its position in Qualys by 428.9% during the 3rd quarter. Intech Investment Management LLC now owns 18,256 shares of the software maker’s stock worth $2,345,000 after acquiring an additional 14,804 shares during the period. Van ECK Associates Corp increased its holdings in shares of Qualys by 40.0% during the third quarter. Van ECK Associates Corp now owns 29,015 shares of the software maker’s stock valued at $3,525,000 after purchasing an additional 8,291 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of Qualys by 6.8% during the third quarter. BNP Paribas Financial Markets now owns 63,320 shares of the software maker’s stock valued at $8,134,000 after purchasing an additional 4,040 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Bruce K. Posey sold 8,555 shares of Qualys stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $154.62, for a total transaction of $1,322,774.10. Following the sale, the insider now directly owns 64,032 shares in the company, valued at approximately $9,900,627.84. The trade was a 11.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Joo Mi Kim sold 4,487 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $140.00, for a total transaction of $628,180.00. Following the completion of the sale, the chief financial officer now directly owns 112,757 shares in the company, valued at approximately $15,785,980. The trade was a 3.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,746 shares of company stock valued at $5,206,333 over the last three months. 1.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

QLYS has been the subject of several recent analyst reports. Loop Capital decreased their price objective on shares of Qualys from $150.00 to $140.00 and set a “hold” rating for the company in a report on Friday, February 7th. Royal Bank of Canada decreased their price target on Qualys from $162.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. TD Cowen boosted their price objective on Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, November 6th. UBS Group raised their target price on Qualys from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Finally, Wolfe Research upgraded shares of Qualys from an “underperform” rating to a “peer perform” rating in a research report on Monday, November 11th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Qualys presently has an average rating of “Hold” and an average price target of $146.57.

Qualys Trading Down 0.3 %

QLYS opened at $137.32 on Wednesday. The business has a 50 day moving average of $142.69 and a 200-day moving average of $135.49. The stock has a market capitalization of $5.02 billion, a price-to-earnings ratio of 29.53 and a beta of 0.56. Qualys, Inc. has a 1-year low of $119.17 and a 1-year high of $174.31.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Thursday, February 6th. The software maker reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.16). Qualys had a net margin of 28.59% and a return on equity of 39.64%. Equities analysts predict that Qualys, Inc. will post 4.31 EPS for the current year.

About Qualys

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.