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Fort Washington Investment Advisors Inc. OH Makes New $20.36 Million Investment in Q2 Holdings, Inc. $QTWO

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Key Points

  • Fort Washington Investment Advisors bought a new stake of 282,110 shares in Q2 (NYSE:QTWO) during Q4, valued at about $20.36 million and representing roughly 0.45% of the company.
  • Insiders sold 411,087 shares in the last quarter (approximately $20.7 million), including notable sales by Kirk L. Coleman and CFO Jonathan Price, substantially reducing their personal stakes.
  • Analyst sentiment is mixed but leans positive with a consensus "Moderate Buy" and a $77.23 average price target, while QTWO trades near $45.51 (12‑month low $44.65) and has a market cap of about $2.84 billion.
  • Interested in Q2? Here are five stocks we like better.

Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Q2 Holdings, Inc. (NYSE:QTWO - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 282,110 shares of the technology company's stock, valued at approximately $20,357,000. Fort Washington Investment Advisors Inc. OH owned 0.45% of Q2 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Q2 by 13.5% during the third quarter. Vanguard Group Inc. now owns 7,912,306 shares of the technology company's stock worth $572,772,000 after buying an additional 941,672 shares during the last quarter. Invesco Ltd. boosted its stake in Q2 by 4.8% in the second quarter. Invesco Ltd. now owns 2,803,611 shares of the technology company's stock valued at $262,390,000 after acquiring an additional 128,387 shares during the last quarter. Wasatch Advisors LP grew its holdings in Q2 by 2.9% during the 3rd quarter. Wasatch Advisors LP now owns 2,158,053 shares of the technology company's stock worth $156,221,000 after acquiring an additional 60,016 shares during the period. William Blair Investment Management LLC grew its holdings in Q2 by 8.9% during the 3rd quarter. William Blair Investment Management LLC now owns 2,141,005 shares of the technology company's stock worth $154,987,000 after acquiring an additional 175,146 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Q2 by 11.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,039,416 shares of the technology company's stock valued at $147,633,000 after acquiring an additional 213,415 shares during the last quarter.

Q2 Stock Down 2.1%

Shares of QTWO stock opened at $45.51 on Friday. Q2 Holdings, Inc. has a 12-month low of $44.65 and a 12-month high of $96.68. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 57.61 and a beta of 1.40. The firm has a fifty day moving average of $54.02 and a 200-day moving average of $64.86.

Insider Activity

In other Q2 news, insider Kirk L. Coleman sold 31,104 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $49.75, for a total value of $1,547,424.00. Following the completion of the sale, the insider directly owned 262,657 shares in the company, valued at $13,067,185.75. This represents a 10.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jonathan Price sold 32,156 shares of the firm's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $49.75, for a total value of $1,599,761.00. Following the sale, the chief financial officer directly owned 197,135 shares in the company, valued at approximately $9,807,466.25. This represents a 14.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 411,087 shares of company stock valued at $20,702,472. Company insiders own 0.31% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on QTWO. Stifel Nicolaus set a $75.00 price target on Q2 in a research note on Thursday, February 12th. JPMorgan Chase & Co. decreased their price objective on Q2 from $100.00 to $75.00 and set an "overweight" rating for the company in a research note on Wednesday, February 18th. DA Davidson upgraded Q2 from a "neutral" rating to a "buy" rating and set a $82.00 price objective for the company in a report on Tuesday, February 3rd. Weiss Ratings reissued a "hold (c-)" rating on shares of Q2 in a research note on Thursday, January 22nd. Finally, Zacks Research lowered Q2 from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $77.23.

Check Out Our Latest Report on QTWO

Q2 Profile

(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.

Featured Articles

Want to see what other hedge funds are holding QTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Q2 Holdings, Inc. (NYSE:QTWO - Free Report).

Institutional Ownership by Quarter for Q2 (NYSE:QTWO)

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