Key Points
- Michael Kerr sold 2,821 Q2 (QTWO) shares on March 9 at an average of $51.35 for about $144,858, cutting his stake by 5.64% to 47,227 shares, and other insiders (including John Breeden and Kimberly Rutledge) disclosed much larger sales in early March.
- QTWO is trading below its 50‑day ($60.06) and 200‑day ($67.64) moving averages with a market cap around $3.3B, and analysts hold a consensus "Moderate Buy" rating with an average price target of $79.29 after several recent target cuts.
Q2 Holdings, Inc. (NYSE:QTWO - Get Free Report) General Counsel Michael Kerr sold 2,821 shares of Q2 stock in a transaction on Monday, March 9th. The stock was sold at an average price of $51.35, for a total value of $144,858.35. Following the transaction, the general counsel directly owned 47,227 shares of the company's stock, valued at $2,425,106.45. This trade represents a 5.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Q2 Stock Down 0.2%
Q2 stock opened at $52.75 on Tuesday. The firm has a market capitalization of $3.29 billion, a PE ratio of 66.78 and a beta of 1.40. Q2 Holdings, Inc. has a 52 week low of $46.16 and a 52 week high of $96.68. The firm's 50-day simple moving average is $60.06 and its 200 day simple moving average is $67.64.
Hedge Funds Weigh In On Q2
Institutional investors have recently modified their holdings of the company. Headlands Technologies LLC purchased a new position in shares of Q2 during the second quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in Q2 in the 3rd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Q2 in the 4th quarter worth approximately $27,000. Cullen Frost Bankers Inc. acquired a new position in Q2 in the 3rd quarter valued at $27,000. Finally, Salomon & Ludwin LLC acquired a new position in Q2 in the 3rd quarter valued at $30,000.
Analyst Upgrades and Downgrades
Several analysts have recently commented on QTWO shares. Needham & Company LLC lowered their price target on shares of Q2 from $90.00 to $70.00 and set a "buy" rating on the stock in a research report on Thursday, February 12th. Wall Street Zen downgraded Q2 from a "strong-buy" rating to a "buy" rating in a research report on Saturday. JPMorgan Chase & Co. reduced their target price on Q2 from $100.00 to $75.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 18th. Morgan Stanley set a $68.00 target price on Q2 in a report on Thursday, February 12th. Finally, DA Davidson raised 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. One 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's stock. According to data from MarketBeat, Q2 currently has an average rating of "Moderate Buy" and an average price target of $79.29.
Check Out Our Latest Stock Report on QTWO
Key Stories Impacting Q2
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
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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