Michael Kerr Sells 1,550 Shares of Q2 (NYSE:QTWO) Stock

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) General Counsel Michael Kerr sold 1,550 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $49.72, for a total transaction of $77,066.00. Following the sale, the general counsel owned 60,960 shares of the company’s stock, valued at approximately $3,030,931.20. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Q2 Stock Up 4.0%

QTWO stock opened at $51.98 on Friday. The company has a 50 day moving average of $60.93 and a two-hundred day moving average of $68.07. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 65.80 and a beta of 1.40. Q2 Holdings, Inc. has a 12-month low of $46.16 and a 12-month high of $96.68.

Institutional Trading of Q2

Large investors have recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in Q2 in the 2nd quarter valued at $26,000. Measured Wealth Private Client Group LLC bought a new stake in Q2 during the third quarter valued at about $26,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Q2 in the third quarter valued at about $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Q2 in the fourth quarter worth about $27,000. Finally, Salomon & Ludwin LLC bought a new position in shares of Q2 in the third quarter worth about $30,000.

Key Q2 News

Here are the key news stories impacting Q2 this week:

  • Positive Sentiment: Analyst support: Several firms have recently reaffirmed or upgraded Q2 and the consensus remains a “Moderate Buy” with an average target (~$79) well above current levels — a bullish narrative that can attract buyers. Read More.
  • Positive Sentiment: Institutional buying: Recent filings show large institutional increases (e.g., Goldman Sachs, UBS and others raised stakes), which can provide demand at these prices and help explain intraday strength. Read More.
  • Neutral Sentiment: Media visibility / trading flows: Q2 has appeared in “big movers” roundups this week — that can amplify short-term volume and price moves even without new fundamentals. Read More.
  • Negative Sentiment: Coordinated insider selling: Multiple Form 4 filings on March 3–4 show sizeable sales by the CEO, CFO, general counsel and other insiders — roughly a few hundred thousand shares transacted at ~\$49.7/share for aggregate proceeds in the low‑to‑mid millions. Clustered senior‑management selling can create downward pressure or raise governance/diversification questions for some investors. Read More.
  • Negative Sentiment: Technical picture remains weak: Q2 is trading below its 50‑ and 200‑day moving averages — a bearish technical backdrop that may deter momentum-focused buyers unless earnings or guidance reaccelerate. Read More.

Analysts Set New Price Targets

A number of brokerages have commented on QTWO. Morgan Stanley set a $68.00 target price on Q2 in a research note on Thursday, February 12th. Wall Street Zen upgraded Q2 from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Needham & Company LLC dropped their price objective on Q2 from $90.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. JPMorgan Chase & Co. cut their price objective on shares of Q2 from $100.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Finally, Truist Financial reduced their target price on shares of Q2 from $110.00 to $75.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Q2 has a consensus rating of “Moderate Buy” and a consensus target price of $79.29.

Read Our Latest Report on QTWO

About Q2

(Get Free Report)

Q2 Holdings, Inc develops and delivers cloud-based digital banking solutions that enable banks and credit unions to enhance customer and member experiences. The company’s core offerings include the Q2 Platform, a comprehensive suite of online and mobile banking applications for retail and commercial customers, as well as digital onboarding, payments, and fraud prevention tools. Q2’s platform also provides analytics and reporting capabilities designed to help financial institutions tailor products, optimize workflows, and drive engagement.

Founded in 2004 and headquartered in Austin, Texas, Q2 serves hundreds of financial institutions across the United States and Canada.

See Also

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

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