Q2 Holdings, Inc. (NYSE:QTWO) insider Adam D. Blue sold 35,000 shares of Q2 Holdings stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $39.67, for a total transaction of $1,388,450.00. Following the completion of the transaction, the insider now owns 75,805 shares of the company’s stock, valued at approximately $3,007,184.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Q2 Holdings, Inc. (QTWO) traded up 0.37% on Thursday, reaching $41.20. 19,091 shares of the company’s stock traded hands. The stock has a 50-day moving average of $38.91 and a 200 day moving average of $37.68. Q2 Holdings, Inc. has a 52 week low of $25.23 and a 52 week high of $41.70. The firm’s market capitalization is $1.70 billion.

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Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Q2 Holdings from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Wednesday, August 9th. Canaccord Genuity reiterated a “buy” rating and set a $43.00 price target on shares of Q2 Holdings in a report on Tuesday, August 1st. BTIG Research upgraded shares of Q2 Holdings from a “neutral” rating to a “buy” rating and set a $47.00 price target for the company in a report on Monday, May 15th. ValuEngine upgraded shares of Q2 Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, SunTrust Banks, Inc. assumed coverage on shares of Q2 Holdings in a report on Monday, June 26th. They set a “buy” rating and a $45.00 price target for the company. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $42.13.

A number of institutional investors have recently added to or reduced their stakes in QTWO. Columbia Wanger Asset Management LLC boosted its holdings in Q2 Holdings by 241.4% in the first quarter. Columbia Wanger Asset Management LLC now owns 1,005,436 shares of the technology company’s stock worth $35,039,000 after purchasing an additional 710,954 shares during the period. OppenheimerFunds Inc. acquired a new position in Q2 Holdings in the first quarter worth $21,406,000. Franklin Resources Inc. boosted its holdings in Q2 Holdings by 55.6% in the second quarter. Franklin Resources Inc. now owns 1,502,687 shares of the technology company’s stock worth $55,523,000 after purchasing an additional 536,772 shares during the period. Penn Capital Management Co. Inc. boosted its holdings in Q2 Holdings by 3,059.9% in the second quarter. Penn Capital Management Co. Inc. now owns 303,822 shares of the technology company’s stock worth $11,243,000 after purchasing an additional 294,207 shares during the period. Finally, MARSHALL WACE ASIA Ltd acquired a new position in Q2 Holdings in the first quarter worth $8,395,000. 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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