Qualys (QLYS) CEO & President Sumedh Thakar Sells $1.3M of Stock
Sumedh Thakar, CEO of Qualys, Inc., sold 10,000 shares valued at approximately $1.27 million on June 29, 2026.
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Sumedh Thakar, CEO & PRESIDENT at Qualys, Inc. ($QLYS), sold 10,000 shares at an average price of $126.75, worth about $1.27 million, on June 29, 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 up 23.3% after 1 week, up 5.3% after 1 month and up 41.1% to date (from the $128.32 close on Jun 29, 2026).
QLYS
Qualys, Inc.
Key Points
- On June 29, 2026, Sumedh Thakar sold 10,000 shares of Qualys, Inc. (NasdaqGS: QLYS) for about $1.27 million at an average price of $126.75 per share.
- Qualys trades at $137.49, significantly above its 52-week low of $74.51 and below its high of $201.54, reflecting its recent price movements.
- Analysts maintain a consensus 'Hold' rating on the stock, with a mean price target of $179.36 based on 18 opinions.
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Insider Buying and Selling at Qualys, Inc.
On June 29, 2026, Sumedh Thakar, the CEO & President of Qualys, Inc. (NasdaqGS: QLYS), sold 10,000 shares for about $1.27 million at an average price of $126.75 per share. This sale appears to be part of a planned transaction. Thakar's decision comes as the company’s stock trades at $137.49, showing a notable difference from the sale price.
What This Sale Means
Thakar's sale of 10,000 shares reduces his holdings, but the exact change in his total shares is not disclosed. The shares he sold are valued at approximately $1.27 million. This planned sale follows a previous transaction on October 14, 2026, where Thakar sold 3,200 shares for nearly $609,148.
Analysts Set New Price Targets
On October 13, 2026, TD Cowen maintained its 'Hold' rating on Qualys with an updated price target of $200, up from $170. Previous ratings from several firms, including DA Davidson and Truist Securities, also reflect a stable outlook, with targets ranging from $165 to $185. The consensus across 18 analysts gives a mean price target of $179.36.
What Qualys, Inc. Does
Qualys, Inc. provides cloud-based solutions for IT security and compliance. The company’s services include vulnerability management, application security, and asset management, serving a global clientele. Thakar's recent stock activity indicates a cautious approach amidst fluctuating market conditions.
What’s Next for Qualys
The next earnings report for Qualys is set for November 3, 2026. Investors will be looking for updates on the company’s performance and any shifts in analyst ratings following the upcoming earnings announcement. This recent insider sale, while planned, could prompt discussions on executive confidence in the company's future.
Related Filing Alerts
Source: Sumedh Thakar's Form 4 filing on $QLYS (Jun 29, 2026). Find the original filing: QLYS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts