Pilgrim Global buys Sable Offshore (SOC) shares worth $14.7m
Qualys (NASDAQ:QLYS), the cybersecurity firm with an impressive 81.84% gross profit margin and market capitalization of $4.8 billion, saw CEO Sumedh S. Thakar sell 8,500 shares of the company’s common stock on September 15, 2025, for a total of $1.1 million. The sales were executed in two tranches, with prices ranging from $132.2225 to $133.0718 per share. According to InvestingPro analysis, the company maintains strong financial health with an overall rating of "GREAT."
According to a Form 4 filing with the Securities and Exchange Commission, Thakar sold 5,801 shares at a weighted average price of $132.2225, and 2,699 shares at a weighted average price of $133.0718.
On the same day, Thakar also exercised options to acquire 6,500 shares of Qualys stock at a price of $25.56 per share, for a total value of $166,140.
Following these transactions, Thakar directly owns 205,951 shares of Qualys common stock.
In other recent news, Qualys reported strong financial results for the second quarter of 2025, surpassing Wall Street expectations. The company achieved an earnings per share of $1.68, exceeding the forecast of $1.47, and reported revenue of $164.1 million, beating the anticipated $161.24 million. Additionally, Qualys’ Government Platform received FedRAMP High Authorization, a significant milestone sponsored by the U.S. Drug Enforcement Agency, indicating the platform’s capability to handle sensitive government data. Analyst firms have responded positively to these developments, with Scotiabank and Jefferies both raising their price targets for Qualys to $150. DA Davidson also increased its price target to $135, noting the company’s solid second-quarter results and year-over-year billing growth. Jefferies described the results as "better than feared," highlighting the company’s ability to exceed revenue expectations by $2.9 million. These recent developments reflect Qualys’ strong performance and strategic advancements in the cybersecurity sector.
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