Q2 Holdings, Inc. (NYSE:QTWO) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give Q2 a consensus "Moderate Buy" rating from 12 brokers (eight buys, four holds), with an average 12‑month price target of $77.00.
• Shares recently traded around $50.08 (up ~3.9%), well below the 12‑month high of $96.68 and the 200‑day moving average of $61.82, with a market cap of about $3.12 billion.
• Significant insider selling occurred last quarter—insiders sold 411,087 shares worth roughly $20.7 million, leaving insiders with about 0.31% ownership.

Shares of Q2 Holdings, Inc. (NYSE:QTWO - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the twelve brokerages that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $77.00.

A number of research firms recently issued reports on QTWO. Wall Street Zen downgraded shares of Q2 from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Stephens set a $90.00 price objective on Q2 in a research note on Friday, January 16th. Cantor Fitzgerald decreased their price objective on Q2 from $90.00 to $80.00 and set an "overweight" rating for the company in a report on Thursday, February 12th. DA Davidson upgraded Q2 from a "neutral" rating to a "buy" rating and set a $82.00 target price on the stock in a research note on Tuesday, February 3rd. Finally, Needham & Company LLC dropped their target price on Q2 from $90.00 to $70.00 and set a "buy" rating on the stock in a report on Thursday, February 12th.

Q2 Trading Up 3.9%

QTWO opened at $50.08 on Thursday. Q2 has a 12-month low of $44.65 and a 12-month high of $96.68. The firm has a 50 day moving average of $49.89 and a two-hundred day moving average of $61.82. The firm has a market capitalization of $3.12 billion, a PE ratio of 63.39 and a beta of 1.42.

Insiders Place Their Bets

In other news, COO Himagiri K. Mukkamala sold 1,343 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $51.35, for a total transaction of $68,963.05. Following the sale, the chief operating officer owned 92,910 shares of the company's stock, valued at $4,770,928.50. This trade represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John E. Breeden sold 6,076 shares of Q2 stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $51.35, for a total transaction of $312,002.60. Following the transaction, the insider directly owned 84,236 shares of the company's stock, valued at approximately $4,325,518.60. This trade represents a 6.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 411,087 shares of company stock worth $20,702,472. Corporate insiders own 0.31% of the company's stock.

Institutional Investors Weigh In On Q2

A number of institutional investors have recently modified their holdings of QTWO. Hilltop National Bank raised its holdings in Q2 by 9.8% in the 3rd quarter. Hilltop National Bank now owns 2,077 shares of the technology company's stock worth $150,000 after purchasing an additional 185 shares during the period. California State Teachers Retirement System increased its position in shares of Q2 by 0.3% in the second quarter. California State Teachers Retirement System now owns 55,842 shares of the technology company's stock valued at $5,226,000 after buying an additional 194 shares in the last quarter. Maryland State Retirement & Pension System raised its stake in shares of Q2 by 2.2% during the 4th quarter. Maryland State Retirement & Pension System now owns 9,174 shares of the technology company's stock worth $662,000 after buying an additional 197 shares during the period. Oregon Public Employees Retirement Fund raised its position in Q2 by 1.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 14,300 shares of the technology company's stock worth $1,032,000 after acquiring an additional 200 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in Q2 by 35.0% in the 1st quarter. Advisors Asset Management Inc. now owns 849 shares of the technology company's stock valued at $68,000 after buying an additional 220 shares in the last quarter.

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.

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