This Cloud Company's CEO Just Sold $1.2 Million Worth of Shares
12/23/2025 08:33 AM • Qualys CEO Sumedh S Thakar sold 8,500 shares worth approximately $1.2 million on November 14, 2025, primarily through a stock option exercise plan. The sale reduced his direct holdings to 254,800 shares valued at $36.6 million. Despite the year being relatively flat for the stock, Qualys reported strong Q3 results with 14% GAAP gross profit growth and improved margins, positioning the company well in the growing cloud cybersecurity market.
QLYS - Despite the CEO's stock sale (which is routine option exercise), the company demonstrated strong fundamentals with 14% GAAP gross profit growth, improved gross margins (84% vs 81% YoY), 33% operating income increase, and solid net income growth. The company operates in the high-growth cloud cybersecurity sector and trades at a reasonable valuation (P/E ~28) relative to software industry average (~33), suggesting positive momentum and market positioning.