Q2 (NYSE:QTWO) Insider Kimberly Anne Rutledge Sells 19,924 Shares of Stock

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) insider Kimberly Anne Rutledge sold 19,924 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $49.75, for a total transaction of $991,219.00. Following the completion of the sale, the insider directly owned 109,026 shares of the company’s stock, valued at $5,424,043.50. This trade represents a 15.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • 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 Stock Down 1.1%

NYSE QTWO opened at $49.98 on Thursday. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 63.27 and a beta of 1.40. The company has a 50-day simple moving average of $61.37 and a two-hundred day simple moving average of $68.18. Q2 Holdings, Inc. has a 12-month low of $46.16 and a 12-month high of $96.68.

More Q2 News

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

Several institutional investors and hedge funds have recently made changes to their positions in QTWO. MidFirst Bank bought a new position in Q2 in the 4th quarter valued at approximately $200,000. Invesco Ltd. raised its position in Q2 by 25.6% in the 4th quarter. Invesco Ltd. now owns 232,072 shares of the technology company’s stock worth $16,746,000 after buying an additional 47,274 shares during the last quarter. Corient Private Wealth LLC bought a new position in Q2 during the 4th quarter valued at about $246,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Q2 during the 4th quarter valued at about $257,000. Finally, State of Tennessee Department of Treasury grew its stake in shares of Q2 by 1.3% in the fourth quarter. State of Tennessee Department of Treasury now owns 27,424 shares of the technology company’s stock worth $1,979,000 after acquiring an additional 352 shares during the period.

Analyst Upgrades and Downgrades

QTWO has been the subject of several analyst reports. Morgan Stanley set a $68.00 price target on shares of Q2 in a research report on Thursday, February 12th. Stifel Nicolaus set a $75.00 target price on shares of Q2 in a research note on Thursday, February 12th. JPMorgan Chase & Co. decreased their target price on Q2 from $100.00 to $75.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Truist Financial reduced their price target on Q2 from $110.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Zacks Research raised Q2 from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $79.29.

Get Our Latest Research Report on QTWO

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.

Further Reading

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

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