Q2 (NYSE:QTWO) Insider Kirk Coleman Sells 31,104 Shares

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) insider Kirk Coleman sold 31,104 shares of Q2 stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $49.75, for a total transaction of $1,547,424.00. Following the transaction, the insider directly owned 262,657 shares of the company’s stock, valued at $13,067,185.75. This represents a 10.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Q2 Trading Down 1.1%

QTWO opened at $49.98 on Thursday. The company has a fifty day moving average price of $61.37 and a two-hundred day moving average price of $68.18. The company has a market cap of $3.12 billion, a P/E ratio of 63.27 and a beta of 1.40. Q2 Holdings, Inc. has a 1-year low of $46.16 and a 1-year high of $96.68.

Analysts Set New Price Targets

QTWO has been the topic of several research reports. Truist Financial lowered their target price on Q2 from $110.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Stephens set a $90.00 price objective on Q2 in a research note on Friday, January 16th. Stifel Nicolaus set a $75.00 price target on Q2 in a research note on Thursday, February 12th. Wall Street Zen upgraded shares of Q2 from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Finally, Cantor Fitzgerald reduced their price target on Q2 from $90.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Q2 has an average rating of “Moderate Buy” and an average price target of $79.29.

Check Out Our Latest Stock Report on Q2

Key Stories Impacting Q2

Here are the key news stories impacting Q2 this week:

  • Neutral Sentiment: General market coverage flagged Q2 among names with notable moves yesterday; the piece itself is a broad movers roundup and does not provide company-specific fundamentals that would clearly move the stock. Stocks making big moves yesterday: Q2 Holdings, AAON, Carnival, BWX, and Northrop Grumman
  • Negative Sentiment: Coordinated insider selling: over March 3–4 several executives sold large blocks of shares — including CEO Matthew Flake (sold 26,921 on Mar 3 and 91,590 on Mar 4), CFO Jonathan Price, and other senior officers and insiders. Combined filings show roughly ~273k shares were sold for aggregate proceeds of about $13.6M, a material reduction in several insiders’ holdings. Such concentrated senior-executive selling commonly creates downward pressure and can be read negatively by investors unless framed as scheduled/diversification sales. CEO Form 4 filing
  • Negative Sentiment: Multiple smaller insider disposals: additional Form 4 filings show selling by the CFO, general counsel, COO and other insiders across the same two-day window — many at the same ~$49.7 per-share level. The pattern suggests either coordinated/timed sales (e.g., pre-set plans) or opportunistic liquidity taking; absent a company statement, markets often interpret clustered insider sales as a negative signal. Representative SEC filings for other insiders are available in the public record. CFO Form 4 filing

Institutional Investors Weigh In On Q2

Hedge funds have recently bought and sold shares of the business. Advisors Asset Management Inc. boosted its holdings in shares of Q2 by 18.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,003 shares of the technology company’s stock worth $94,000 after purchasing an additional 154 shares during the period. ANB Bank grew its position in shares of Q2 by 7.1% during the 2nd quarter. ANB Bank now owns 2,710 shares of the technology company’s stock worth $254,000 after buying an additional 179 shares in the last quarter. Hilltop National Bank raised its holdings in shares of Q2 by 9.8% in the third quarter. Hilltop National Bank now owns 2,077 shares of the technology company’s stock valued at $150,000 after acquiring an additional 185 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of Q2 by 0.3% in the 2nd quarter. California State Teachers Retirement System now owns 55,842 shares of the technology company’s stock worth $5,226,000 after purchasing an additional 194 shares during the period. Finally, Maryland State Retirement & Pension System grew its stake in Q2 by 2.2% in the fourth quarter. Maryland State Retirement & Pension System now owns 9,174 shares of the technology company’s stock valued at $662,000 after purchasing an additional 197 shares during the last quarter.

Q2 Company Profile

(Get Free Report)

Q2 Holdings, Inc develops and delivers cloud-based digital banking solutions that enable banks and credit unions to enhance customer and member experiences. The company’s core offerings include the Q2 Platform, a comprehensive suite of online and mobile banking applications for retail and commercial customers, as well as digital onboarding, payments, and fraud prevention tools. Q2’s platform also provides analytics and reporting capabilities designed to help financial institutions tailor products, optimize workflows, and drive engagement.

Founded in 2004 and headquartered in Austin, Texas, Q2 serves hundreds of financial institutions across the United States and Canada.

See Also

Insider Buying and Selling by Quarter for Q2 (NYSE:QTWO)

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