Michael Kerr Sells 7,157 Shares of Q2 (NYSE:QTWO) Stock

Q2 Holdings, Inc. (NYSE:QTWO) General Counsel Michael Kerr sold 7,157 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $49.75, for a total value of $356,060.75. Following the sale, the general counsel directly owned 59,602 shares of the company’s stock, valued at approximately $2,965,199.50. The trade was a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Q2 Stock Performance

Shares of QTWO opened at $51.98 on Friday. The firm has a market cap of $3.24 billion, a P/E ratio of 65.80 and a beta of 1.40. Q2 Holdings, Inc. has a twelve month low of $46.16 and a twelve month high of $96.68. The firm’s 50 day moving average price is $60.93 and its two-hundred day moving average price is $68.07.

Q2 News Roundup

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.

Institutional Inflows and Outflows

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

Analysts Set New Price Targets

QTWO has been the topic of several recent research reports. Stifel Nicolaus set a $75.00 price target on Q2 in a research note on Thursday, February 12th. Stephens set a $90.00 target price on Q2 in a research report on Friday, January 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Q2 in a research note on Thursday, January 22nd. JPMorgan Chase & Co. decreased their price target on shares of Q2 from $100.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Finally, Royal Bank Of Canada lowered their price objective on shares of Q2 from $86.00 to $67.00 and set a “sector perform” rating on the stock in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $79.29.

Q2 Company Profile

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.