Q2 (NYSE:QTWO) Insider John Breeden Sells 8,521 Shares of Stock

Q2 Holdings, Inc. (NYSE:QTWO) insider John Breeden sold 8,521 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $49.72, for a total value of $423,664.12. Following the completion of the sale, the insider owned 167,818 shares in the company, valued at $8,343,910.96. The trade was a 4.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Q2 Price Performance

QTWO stock traded up $1.20 during trading on Thursday, hitting $51.19. 95,322 shares of the company traded hands, compared to its average volume of 1,090,145. Q2 Holdings, Inc. has a 1 year low of $46.16 and a 1 year high of $96.68. The company has a market cap of $3.19 billion, a PE ratio of 64.80 and a beta of 1.40. The stock’s 50-day simple moving average is $61.37 and its 200 day simple moving average is $68.18.

Trending Headlines about Q2

Here are the key news stories impacting Q2 this week:

• Positive Sentiment: Analyst coverage remains overall constructive: MarketBeat shows a consensus of “Moderate Buy” (one Strong Buy, eight Buys, five Holds) and an average price target near $79, providing a bullish backdrop relative to current levels. MarketBeat QTWO profile
• Neutral Sentiment: Broad-market mention only: Q2 was included in a movers roundup (Yahoo Finance), which flags trading activity but offers no company-specific fundamental news likely to move the stock materially on its own. Stocks making big moves yesterday
• Negative Sentiment: Coordinated insider selling by senior management: multiple Form 4 filings over March 3–4 show large blocks sold by the CEO (two filings totaling ~118,500 shares), CFO (~39,800 shares), other officers and insiders — roughly ~273k shares sold at about $49.7 per share for aggregate proceeds of ~ $13.6M. Clustered, same-price disposals from top executives often create downward pressure and are interpreted negatively unless clearly disclosed as pre-planned diversification. InsiderTrades alert: QTWO insider selling

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. DA Davidson raised shares of Q2 from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a report on Tuesday, February 3rd. Cantor Fitzgerald decreased their price objective on shares of Q2 from $90.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. JPMorgan Chase & Co. lowered their target price on shares of Q2 from $100.00 to $75.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Q2 in a research note on Thursday, January 22nd. Finally, Truist Financial reduced their price target on Q2 from $110.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $79.29.

Hedge Funds Weigh In On Q2

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. increased its position in shares of Q2 by 35.0% during the first quarter. Advisors Asset Management Inc. now owns 849 shares of the technology company’s stock worth $68,000 after purchasing an additional 220 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Q2 by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,033 shares of the technology company’s stock valued at $2,803,000 after acquiring an additional 1,525 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Q2 by 21.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 537,717 shares of the technology company’s stock valued at $43,023,000 after acquiring an additional 95,440 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Q2 by 3.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,318 shares of the technology company’s stock worth $14,907,000 after purchasing an additional 6,909 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in shares of Q2 by 1.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 22,121 shares of the technology company’s stock worth $2,070,000 after purchasing an additional 270 shares during the last quarter.

About Q2

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.