Q2 (NYSE:QTWO) Insider John Breeden Sells 68,707 Shares

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) insider John Breeden sold 68,707 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $51.73, for a total value of $3,554,213.11. Following the transaction, the insider owned 90,312 shares in the company, valued at approximately $4,671,839.76. The trade was a 43.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Q2 Price Performance

Shares of Q2 stock opened at $52.75 on Tuesday. Q2 Holdings, Inc. has a one year low of $46.16 and a one year high of $96.68. The business’s 50 day simple moving average is $60.06 and its two-hundred day simple moving average is $67.64. The stock has a market capitalization of $3.29 billion, a P/E ratio of 66.78 and a beta of 1.40.

Key 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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in QTWO. Headlands Technologies LLC bought a new position in Q2 in the 2nd quarter worth $26,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Q2 during the 3rd quarter valued at about $26,000. Cullen Frost Bankers Inc. purchased a new position in shares of Q2 during the third quarter valued at about $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Q2 during the fourth quarter valued at about $27,000. Finally, Salomon & Ludwin LLC bought a new position in Q2 in the third quarter worth about $30,000.

Analyst Upgrades and Downgrades

QTWO has been the subject of several analyst reports. DA Davidson raised shares of Q2 from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a research report on Tuesday, February 3rd. Wall Street Zen cut shares of Q2 from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Morgan Stanley set a $68.00 price objective on shares of Q2 in a research note on Thursday, February 12th. UBS Group set a $67.00 target price on shares of Q2 in a report on Thursday, February 12th. Finally, Zacks Research upgraded Q2 from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $79.29.

Read Our Latest Analysis on Q2

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.

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

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