Q2 Holdings Inc. (NYSE:QTWO) SVP Barry G. Benton sold 1,100 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $32.10, for a total value of $35,310.00. Following the sale, the senior vice president now owns 14,623 shares of the company’s stock, valued at $469,398.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Q2 Holdings Inc. (NYSE:QTWO) traded down 0.32% on Wednesday, reaching $31.15. The company’s stock had a trading volume of 69,026 shares. The firm’s market capitalization is $1.25 billion. Q2 Holdings Inc. has a 52 week low of $16.43 and a 52 week high of $32.85. The stock’s 50 day moving average is $29.08 and its 200-day moving average is $27.77.

Q2 Holdings (NYSE:QTWO) last released its quarterly earnings data on Wednesday, November 2nd. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by $0.15. The firm had revenue of $38.30 million for the quarter, compared to analyst estimates of $38.09 million. Q2 Holdings had a negative net margin of 26.91% and a negative return on equity of 24.27%. Q2 Holdings’s revenue for the quarter was up 36.8% compared to the same quarter last year. Analysts predict that Q2 Holdings Inc. will post ($0.34) EPS for the current year.

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

Several hedge funds have recently made changes to their positions in the company. Teacher Retirement System of Texas boosted its stake in shares of Q2 Holdings by 24.3% in the second quarter. Teacher Retirement System of Texas now owns 3,554 shares of the company’s stock worth $100,000 after buying an additional 695 shares in the last quarter. Morgan Stanley boosted its stake in shares of Q2 Holdings by 323.5% in the third quarter. Morgan Stanley now owns 6,996 shares of the company’s stock worth $201,000 after buying an additional 5,344 shares in the last quarter. BlackRock Group LTD boosted its stake in shares of Q2 Holdings by 4.6% in the third quarter. BlackRock Group LTD now owns 7,416 shares of the company’s stock worth $213,000 after buying an additional 324 shares in the last quarter. Bienville Capital Management LLC bought a new stake in shares of Q2 Holdings during the second quarter worth $222,000. Finally, Penserra Capital Management LLC bought a new stake in shares of Q2 Holdings during the second quarter worth $238,000. 97.72% of the stock is owned by institutional investors.

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada increased their target price on Q2 Holdings from $27.00 to $31.00 and gave the company an “outperform” rating in a research note on Friday, August 5th. RBC Capital Markets reiterated an “outperform” rating and issued a $31.00 target price (up previously from $27.00) on shares of Q2 Holdings in a research note on Friday, August 5th. BTIG Research reiterated a “buy” rating and issued a $32.00 target price on shares of Q2 Holdings in a research note on Thursday, August 4th. Zacks Investment Research upgraded Q2 Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 24th. Finally, Pacific Crest assumed coverage on Q2 Holdings in a research note on Friday, November 18th. They issued a “sector weight” rating for the company. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $30.78.

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About Q2 Holdings

Q2 Holdings, Inc is a provider of secure, cloud-based virtual banking solutions. The Company enables regional and community financial institutions (RCFIs) to deliver a range of virtual banking services. The Company delivers virtual banking solutions across online, mobile, voice and tablet channels. The Company’s solutions are the point of interaction between its RCFI customers and their account holders.

5 Day Chart for NYSE:QTWO

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