Q2 Holdings, Inc. (NYSE:QTWO) EVP John E. Breeden sold 10,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $39.42, for a total value of $394,200.00. Following the sale, the executive vice president now owns 64,694 shares of the company’s stock, valued at $2,550,237.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Q2 Holdings, Inc. (NYSE:QTWO) traded up 0.37% on Friday, hitting $40.95. The stock had a trading volume of 189,110 shares. The company’s market capitalization is $1.69 billion. The firm has a 50-day moving average of $38.41 and a 200 day moving average of $37.22. Q2 Holdings, Inc. has a 1-year low of $25.23 and a 1-year high of $41.70.

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Several institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of Q2 Holdings by 8.7% in the first quarter. JPMorgan Chase & Co. now owns 2,753,225 shares of the technology company’s stock worth $95,950,000 after buying an additional 220,164 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of Q2 Holdings during the first quarter worth approximately $349,000. Aberdeen Asset Management PLC UK acquired a new position in shares of Q2 Holdings during the first quarter worth approximately $204,000. Airain ltd acquired a new position in shares of Q2 Holdings during the first quarter worth approximately $275,000. Finally, Trexquant Investment LP acquired a new position in shares of Q2 Holdings during the first quarter worth approximately $342,000. 91.08% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have weighed in on the company. Canaccord Genuity restated a “buy” rating and set a $43.00 target price on shares of Q2 Holdings in a research note on Monday, May 15th. Needham & Company LLC restated a “buy” rating and set a $44.00 target price (up from $42.00) on shares of Q2 Holdings in a research note on Friday, May 5th. SunTrust Banks, Inc. assumed coverage on Q2 Holdings in a research note on Monday, June 26th. They set a “buy” rating and a $45.00 target price for the company. ValuEngine upgraded Q2 Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BTIG Research upgraded Q2 Holdings from a “neutral” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Monday, May 15th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $42.13.

Q2 Holdings Company Profile

Q2 Holdings, Inc is a provider of cloud-based digital banking solutions. The Company enables regional and community financial institutions (RCFIs), to deliver a suite of integrated digital banking services. The Company’s solutions all operate on a common platform that supports the delivery of unified digital banking services across online, mobile and voice channels.

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

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