Q2 (NYSE:QTWO) Insider John Breeden Sells 6,076 Shares of Stock

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) insider John Breeden sold 6,076 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $51.35, for a total transaction of $312,002.60. Following the sale, the insider directly owned 84,236 shares in the company, valued at $4,325,518.60. This trade represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Q2 Stock Performance

QTWO opened at $52.75 on Tuesday. The company has a fifty day moving average of $60.06 and a two-hundred day moving average of $67.64. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 66.78 and a beta of 1.40. Q2 Holdings, Inc. has a fifty-two week low of $46.16 and a fifty-two week high of $96.68.

More Q2 News

Here are the key news stories impacting Q2 this week:

  • Neutral Sentiment: Recent price/technical context: QTWO trades well below its 50‑day ($60.06) and 200‑day ($67.64) moving averages, with a market cap around $3.3B — framing the insider sales against a stock already in a lower trading range. MarketBeat QTWO page
  • Negative Sentiment: Michael S. Kerr (General Counsel) sold a total of ~12,375 shares across March 5 and March 9 for roughly $638k, reducing his holdings; the trades were disclosed to the SEC. Kerr SEC filing
  • Negative Sentiment: John E. Breeden reported large sales: ~74,783 shares sold on March 5 and March 9 for about $3.87M total (including a ~43% reduction reported on March 5), materially trimming his stake. Breeden SEC filing
  • Negative Sentiment: Kimberly A. Rutledge sold ~25,288 shares across March 5 and March 9 for roughly $1.31M, representing a notable ownership reduction disclosed in the SEC filing. Rutledge SEC filing

Wall Street Analysts Forecast Growth

QTWO has been the subject of several recent analyst reports. UBS Group set a $67.00 price target on Q2 in a research note on Thursday, February 12th. 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. Weiss Ratings restated a “hold (c-)” rating on shares of Q2 in a research report on Thursday, January 22nd. Truist Financial reduced their target price on Q2 from $110.00 to $75.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Finally, Stifel Nicolaus set a $75.00 target price on Q2 in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Q2 presently has an average rating of “Moderate Buy” and an average price target of $79.29.

Get Our Latest Stock Analysis on QTWO

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new stake in Q2 in the 2nd quarter worth about $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Q2 during the third quarter valued at approximately $26,000. Cullen Frost Bankers Inc. acquired a new position in shares of Q2 during the third quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Q2 in the fourth quarter valued at approximately $27,000. Finally, Salomon & Ludwin LLC purchased a new position in shares of Q2 in the third quarter valued at approximately $30,000.

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.

Further Reading

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

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