Q2 Holdings, Inc. (QTWO) SVP Barry G. Benton Sells 1,500 Shares
Q2 Holdings, Inc. (NYSE:QTWO) SVP Barry G. Benton sold 1,500 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $42.69, for a total transaction of $64,035.00. Following the sale, the senior vice president now directly owns 23,487 shares of the company’s stock, valued at approximately $1,002,660.03. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Q2 Holdings, Inc. (NYSE QTWO) traded down $1.60 during mid-day trading on Friday, reaching $42.45. The company’s stock had a trading volume of 343,822 shares, compared to its average volume of 188,134. Q2 Holdings, Inc. has a 1-year low of $27.80 and a 1-year high of $44.35.
Q2 Holdings (NYSE:QTWO) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.05. Q2 Holdings had a negative return on equity of 20.50% and a negative net margin of 15.27%. The business had revenue of $50.10 million during the quarter, compared to the consensus estimate of $50.05 million. During the same period in the prior year, the company posted ($0.24) EPS. The firm’s revenue for the quarter was up 30.8% compared to the same quarter last year. equities analysts anticipate that Q2 Holdings, Inc. will post -0.49 earnings per share for the current fiscal year.
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Several research firms have recently commented on QTWO. BidaskClub raised shares of Q2 Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $48.00 price target on shares of Q2 Holdings in a research report on Friday, November 3rd. DA Davidson began coverage on shares of Q2 Holdings in a research report on Thursday. They set a “neutral” rating and a $38.00 price target for the company. Zacks Investment Research lowered shares of Q2 Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of Q2 Holdings in a research report on Friday, November 3rd. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $44.90.
About Q2 Holdings
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.
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