Q2 (NYSE:QTWO) Insider Kimberly Anne Rutledge Sells 4,340 Shares

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) insider Kimberly Anne Rutledge sold 4,340 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $51.35, for a total value of $222,859.00. Following the transaction, the insider directly owned 83,738 shares in the company, valued at $4,299,946.30. This trade represents a 4.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Kimberly Anne Rutledge also recently made the following trade(s):

  • On Thursday, March 5th, Kimberly Anne Rutledge sold 20,948 shares of Q2 stock. The stock was sold at an average price of $51.66, for a total transaction of $1,082,173.68.
  • On Wednesday, March 4th, Kimberly Anne Rutledge sold 19,924 shares of Q2 stock. The shares were sold at an average price of $49.75, for a total transaction of $991,219.00.
  • On Tuesday, March 3rd, Kimberly Anne Rutledge sold 3,905 shares of Q2 stock. The stock was sold at an average price of $49.72, for a total transaction of $194,156.60.

Q2 Trading Down 0.2%

Shares of NYSE:QTWO opened at $52.75 on Tuesday. The company has a 50 day moving average of $60.06 and a 200-day moving average of $67.64. The firm has a market cap of $3.29 billion, a P/E ratio of 66.78 and a beta of 1.40. Q2 Holdings, Inc. has a twelve month low of $46.16 and a twelve month high of $96.68.

Trending Headlines about Q2

Here are the key news stories impacting Q2 this week:

  • Neutral Sentiment: Recent price/technical context: QTWO trades well below its 50‑day ($60.06) and 200‑day ($67.64) moving averages, with a market cap around $3.3B — framing the insider sales against a stock already in a lower trading range. MarketBeat QTWO page
  • Negative Sentiment: Michael S. Kerr (General Counsel) sold a total of ~12,375 shares across March 5 and March 9 for roughly $638k, reducing his holdings; the trades were disclosed to the SEC. Kerr SEC filing
  • Negative Sentiment: John E. Breeden reported large sales: ~74,783 shares sold on March 5 and March 9 for about $3.87M total (including a ~43% reduction reported on March 5), materially trimming his stake. Breeden SEC filing
  • Negative Sentiment: Kimberly A. Rutledge sold ~25,288 shares across March 5 and March 9 for roughly $1.31M, representing a notable ownership reduction disclosed in the SEC filing. Rutledge SEC filing

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on QTWO shares. JPMorgan Chase & Co. decreased their price target on Q2 from $100.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. UBS Group set a $67.00 price objective on Q2 in a research note on Thursday, February 12th. DA Davidson upgraded Q2 from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Tuesday, February 3rd. Cantor Fitzgerald lowered their target price on Q2 from $90.00 to $80.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Finally, Morgan Stanley set a $68.00 price target on shares of Q2 in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $79.29.

Get Our Latest Report on QTWO

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of QTWO. Headlands Technologies LLC purchased a new stake in Q2 in the 2nd quarter worth about $26,000. Measured Wealth Private Client Group LLC purchased a new position in Q2 during the 3rd quarter valued at about $26,000. Cullen Frost Bankers Inc. acquired a new position in shares of Q2 in the 3rd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Q2 in the 4th quarter valued at about $27,000. Finally, Salomon & Ludwin LLC purchased a new stake in shares of Q2 in the third quarter worth approximately $30,000.

About Q2

(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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