Q2 Holdings, Inc. (NYSE:QTWO) CEO Matthew P. Flake sold 30,000 shares of the stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $39.67, for a total value of $1,190,100.00. Following the transaction, the chief executive officer now directly owns 222,459 shares in the company, valued at approximately $8,824,948.53. The transaction was disclosed in a filing with the SEC, which is available at this link.

Q2 Holdings, Inc. (NYSE:QTWO) traded up 0.86% during trading on Wednesday, reaching $41.05. The company had a trading volume of 228,006 shares. The company’s market capitalization is $1.69 billion. The firm’s 50 day moving average is $38.84 and its 200-day moving average is $37.66. Q2 Holdings, Inc. has a 12 month low of $25.23 and a 12 month high of $41.70.

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QTWO has been the topic of several research reports. Zacks Investment Research raised Q2 Holdings from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Wednesday, August 9th. Canaccord Genuity reissued a “buy” rating and set a $43.00 target price on shares of Q2 Holdings in a research note on Tuesday, August 1st. BTIG Research raised Q2 Holdings from a “neutral” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Monday, May 15th. ValuEngine raised Q2 Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, SunTrust Banks, Inc. initiated coverage on Q2 Holdings in a research note on Monday, June 26th. They set a “buy” rating and a $45.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Q2 Holdings has an average rating of “Buy” and a consensus price target of $42.13.

A number of institutional investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd bought a new stake in Q2 Holdings in the second quarter valued at about $542,000. Public Employees Retirement System of Ohio bought a new stake in Q2 Holdings in the second quarter valued at about $1,717,000. Ameritas Investment Partners Inc. increased its holdings in Q2 Holdings by 38.1% in the second quarter. Ameritas Investment Partners Inc. now owns 2,751 shares of the technology company’s stock valued at $102,000 after buying an additional 759 shares during the last quarter. California State Teachers Retirement System increased its holdings in Q2 Holdings by 10.4% in the second quarter. California State Teachers Retirement System now owns 55,564 shares of the technology company’s stock valued at $2,053,000 after buying an additional 5,249 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Q2 Holdings by 22.8% in the second quarter. The Manufacturers Life Insurance Company now owns 24,616 shares of the technology company’s stock valued at $909,000 after buying an additional 4,571 shares during the last quarter. 92.74% of the stock is owned by hedge funds and other institutional investors.

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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