Qualys (QLYS) CEO Thakar Sumedh S Sells $609K of Stock
Qualys CEO Sumedh Thakar sold 3,200 shares valued at over $609,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Thakar Sumedh S, CEO & PRESIDENT at Qualys, Inc. ($QLYS), sold 3,200 shares at an average price of $190.36, worth about $609,147.52, on October 14, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $QLYS is down 4.5% to date (from the $189.63 close on Oct 14, 2026).
QLYS
Qualys, Inc.
Key Points
- On October 14, 2026, CEO Sumedh Thakar sold 3,200 shares of Qualys, Inc. for approximately $609,147.52 at a price of $190.36 each.
- As of October 16, 2026, Qualys shares recently traded around $185.94, just below their 52-week high of $206.25.
- Qualys, Inc. has a market cap of about $6.38 billion and a P/E ratio of 31.4, with analysts maintaining a consensus hold rating.
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CEO Sumedh Thakar sold 3,200 shares of Qualys, Inc. (NasdaqGS: QLYS) on October 14, 2026, for about $609,147.52 at a price of $190.36 per share. This sale was planned, as indicated by the filing.
Inside Thakar's Trade
Thakar's recent transaction adds to his previous sales. He sold 10,000 shares back on June 29, 2026, valued at approximately $1.27 million. This latest sale brings his total shares sold in recent months to 13,200.
Other Institutional Activity in Qualys
Several institutional investors have also been active with Qualys. Blackrock Inc. grew its holdings by 402,050 shares, totaling 5,762,721 shares worth about $1.04 billion. Vanguard Portfolio Management LLC increased its stake by 158,824 shares, resulting in 2,695,941 shares valued at approximately $488.1 million. Meanwhile, Legal & General Group PLC added 407,810 shares, bringing its total to 1,437,373 shares valued at around $260.2 million.
Qualys, Inc. Stock Down 3.5%
As of October 16, 2026, Qualys shares recently traded around $185.94, which is above their 50-day moving average of $183.10 and 42.8% above the 200-day average of $130.25. However, the stock is about 9.8% below its 52-week high of $206.25, indicating some volatility in recent trading.
Recent Earnings
Qualys reported trailing twelve-month revenue of $702.98 million with an EPS of $5.77. The company has shown a revenue growth of 11.0% year-over-year and a net margin of 29.4%. The next earnings report is scheduled for November 3, 2026.
Insider Buying and Selling at Qualys, Inc.
Before Thakar's sale, other insiders also traded shares. Chief Financial Officer Joo Mi Kim sold 1,030 shares on September 2, 2026, while Director Thomas P. Berquist sold 511 shares on the same day. Additionally, Thakar himself sold 3,200 shares on September 14, 2026. These transactions reflect ongoing activity among the company's leadership.
Analysts Set New Price Targets
On October 13, 2026, TD Cowen maintained its hold rating on Qualys with a new price target of $200, up from $170. Previous ratings from August 5, 2026, also maintained a hold position with targets ranging from $165 to $185. The consensus among analysts suggests a hold rating, with a mean target price of $181.03.
About Qualys, Inc.
Qualys, Inc. provides a cloud-based platform for IT security and compliance solutions, serving clients in the U.S. and globally. The company offers a range of services, including vulnerability management and endpoint detection, making it essential for businesses aiming to protect their digital assets.
Bottom Line
Investors should watch for the upcoming earnings report on November 3, 2026, to see how Qualys performs in the current market. Thakar's planned sale adds to a pattern of activity among insiders, which could indicate broader trends within the company.
Related Filing Alerts
Source: Thakar Sumedh S's Form 4 filing on $QLYS (Oct 14, 2026). Find the original filing: QLYS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts