Nomura Holdings Inc. Has $4.39 Million Holdings in Q2 Holdings, Inc. $QTWO

Key Points

• Nomura Holdings Inc. has reduced its stake in Q2 Holdings, Inc. by 57.8% during the first quarter, now owning approximately 0.09% of the company.
• Several other investors have recently increased their positions in Q2, with Larson Financial Group LLC boosting its stake by 2,630%.
• Q2 Holdings has seen varying analyst ratings, with consensus suggesting a "Moderate Buy" rating and a price target of $102.25.

Nomura Holdings Inc. decreased its stake in Q2 Holdings, Inc. (NYSE:QTWO - Free Report) by 57.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 54,828 shares of the technology company's stock after selling 75,060 shares during the quarter. Nomura Holdings Inc. owned 0.09% of Q2 worth $4,387,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc purchased a new stake in Q2 during the first quarter valued at about $33,000. WPG Advisers LLC acquired a new stake in shares of Q2 during the first quarter valued at approximately $35,000. NewEdge Advisors LLC lifted its position in shares of Q2 by 269.6% in the 4th quarter. NewEdge Advisors LLC now owns 377 shares of the technology company's stock valued at $38,000 after acquiring an additional 275 shares in the last quarter. Larson Financial Group LLC boosted its stake in Q2 by 2,630.0% in the 1st quarter. Larson Financial Group LLC now owns 546 shares of the technology company's stock worth $44,000 after purchasing an additional 526 shares during the period. Finally, TCTC Holdings LLC grew its position in Q2 by 103.1% during the 1st quarter. TCTC Holdings LLC now owns 597 shares of the technology company's stock worth $48,000 after purchasing an additional 303 shares in the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on QTWO shares. Needham & Company LLC increased their target price on Q2 from $110.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Zacks Research raised Q2 to a "strong-buy" rating in a research report on Friday, August 8th. Wall Street Zen downgraded Q2 from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 8th. Cantor Fitzgerald started coverage on Q2 in a research note on Tuesday, June 3rd. They set an "overweight" rating and a $110.00 target price on the stock. Finally, Stifel Nicolaus upped their target price on Q2 from $105.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $102.25.

Q2 Stock Performance

Shares of NYSE:QTWO traded up $1.64 during midday trading on Friday, hitting $78.91. 706,631 shares of the stock were exchanged, compared to its average volume of 752,087. The company has a market capitalization of $4.93 billion, a PE ratio of 1,578.42 and a beta of 1.49. Q2 Holdings, Inc. has a 52-week low of $63.61 and a 52-week high of $112.82. The business's fifty day simple moving average is $83.47 and its two-hundred day simple moving average is $83.05.

Insider Transactions at Q2

In other news, insider John E. Breeden sold 6,105 shares of Q2 stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $75.27, for a total transaction of $459,523.35. Following the completion of the sale, the insider directly owned 149,643 shares in the company, valued at $11,263,628.61. The trade was a 3.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Michael A. Volanoski sold 1,428 shares of the stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $88.88, for a total value of $126,920.64. Following the completion of the transaction, the executive owned 175,812 shares in the company, valued at $15,626,170.56. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,485 shares of company stock valued at $750,307 in the last three months. Corporate insiders own 3.00% of the company's stock.

Q2 Profile

Q2 Holdings, Inc provides cloud-based digital solutions to regional and community financial institutions in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform supports its financial institution customers in their delivery of unified digital banking services across digital channels.