Q2 Holdings, Inc. (NYSE:QTWO) Director R. H. Seale sold 25,000 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $41.27, for a total value of $1,031,750.00. Following the transaction, the director now owns 383,828 shares in the company, valued at approximately $15,840,581.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Q2 Holdings, Inc. (NYSE QTWO) traded down 0.48% during trading on Wednesday, hitting $41.10. The stock had a trading volume of 127,373 shares. The firm’s market cap is $1.70 billion. Q2 Holdings, Inc. has a 12-month low of $25.23 and a 12-month high of $42.90. The stock’s 50 day moving average price is $40.19 and its 200 day moving average price is $38.35.

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QTWO has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Q2 Holdings from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research 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 research report on Tuesday, August 1st. SunTrust Banks, Inc. initiated coverage on Q2 Holdings in a research report on Monday, June 26th. They set a “buy” rating and a $45.00 price target on the stock. BidaskClub upgraded Q2 Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, KeyCorp reiterated a “hold” rating on shares of Q2 Holdings in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. Q2 Holdings currently has a consensus rating of “Buy” and a consensus target price of $42.13.

Several large investors have recently made changes to their positions in QTWO. Columbia Wanger Asset Management LLC boosted its stake in shares of Q2 Holdings by 241.4% during the 1st quarter. Columbia Wanger Asset Management LLC now owns 1,005,436 shares of the technology company’s stock worth $35,039,000 after acquiring an additional 710,954 shares in the last quarter. OppenheimerFunds Inc. purchased a new stake in shares of Q2 Holdings during the 1st quarter worth approximately $21,406,000. Franklin Resources Inc. boosted its stake in shares of Q2 Holdings by 55.6% during the 2nd quarter. Franklin Resources Inc. now owns 1,502,687 shares of the technology company’s stock worth $55,523,000 after acquiring an additional 536,772 shares in the last quarter. Penn Capital Management Co. Inc. boosted its stake in shares of Q2 Holdings by 3,059.9% during the 2nd quarter. Penn Capital Management Co. Inc. now owns 303,822 shares of the technology company’s stock worth $11,243,000 after acquiring an additional 294,207 shares in the last quarter. Finally, Marshall Wace North America L.P. purchased a new stake in shares of Q2 Holdings during the 1st quarter worth approximately $8,395,000. 92.74% of the stock is currently owned by institutional investors and hedge funds.

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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