William M. Furrer Sells 8,000 Shares of Q2 Holdings Inc (QTWO) Stock
Q2 Holdings Inc (NYSE:QTWO) insider William M. Furrer sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $37.69, for a total transaction of $301,520.00. Following the completion of the transaction, the insider now owns 43,614 shares in the company, valued at approximately $1,643,811.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Q2 Holdings Inc (NYSE QTWO) traded down $0.25 during trading hours on Thursday, reaching $39.15. 167,202 shares of the company’s stock traded hands, compared to its average volume of 266,767. Q2 Holdings Inc has a one year low of $28.85 and a one year high of $44.35. The firm has a market capitalization of $1,650.00, a P/E ratio of -56.74 and a beta of 1.52.
Q2 (NYSE:QTWO) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.05. Q2 had a negative net margin of 15.27% and a negative return on equity of 20.50%. The company had revenue of $50.10 million during the quarter, compared to the consensus estimate of $50.05 million. During the same quarter last year, the company earned ($0.24) earnings per share. Q2’s revenue for the quarter was up 30.8% on a year-over-year basis. equities analysts predict that Q2 Holdings Inc will post -0.48 EPS for the current fiscal year.
QTWO has been the topic of several research reports. KeyCorp restated a “hold” rating on shares of Q2 in a report on Wednesday, September 13th. JPMorgan Chase & Co. lowered shares of Q2 from an “overweight” rating to a “neutral” rating and set a $50.00 price target on the stock. in a report on Tuesday, December 12th. BidaskClub upgraded shares of Q2 from a “hold” rating to a “buy” rating in a report on Tuesday, October 3rd. Zacks Investment Research lowered shares of Q2 from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Finally, BTIG Research restated a “buy” rating and issued a $47.00 price target on shares of Q2 in a report on Sunday, November 5th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Q2 has an average rating of “Buy” and an average price target of $45.36.
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.
Receive News & Ratings for Q2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Q2 and related companies with MarketBeat.com's FREE daily email newsletter.