Future Fund LLC Makes New $1.11 Million Investment in Q2 Holdings, Inc. $QTWO

Future Fund LLC acquired a new position in shares of Q2 Holdings, Inc. (NYSE:QTWO) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,908 shares of the technology company’s stock, valued at approximately $1,114,000.

Other large investors also recently made changes to their positions in the company. Dakota Wealth Management boosted its stake in Q2 by 3.8% in the 2nd quarter. Dakota Wealth Management now owns 3,350 shares of the technology company’s stock valued at $314,000 after purchasing an additional 123 shares during the period. B. Metzler seel. Sohn & Co. AG increased its position in Q2 by 1.1% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 16,687 shares of the technology company’s stock worth $1,335,000 after buying an additional 188 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Q2 by 7.5% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,076 shares of the technology company’s stock worth $288,000 after buying an additional 215 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Q2 by 35.0% during the first quarter. Advisors Asset Management Inc. now owns 849 shares of the technology company’s stock worth $68,000 after buying an additional 220 shares in the last quarter. Finally, Xponance Inc. boosted its position in shares of Q2 by 5.1% in the first quarter. Xponance Inc. now owns 4,576 shares of the technology company’s stock valued at $366,000 after acquiring an additional 224 shares during the period.

Insider Buying and Selling at Q2

In other Q2 news, insider John E. Breeden sold 6,105 shares of the business’s 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 transaction, the insider owned 149,643 shares of the company’s stock, valued at approximately $11,263,628.61. The trade was a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Michael S. Kerr sold 967 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $82.60, for a total transaction of $79,874.20. Following the completion of the transaction, the general counsel directly owned 56,228 shares of the company’s stock, valued at $4,644,432.80. This trade represents a 1.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,499 shares of company stock worth $650,658 over the last 90 days. Insiders own 0.31% of the company’s stock.

Q2 Price Performance

Shares of QTWO opened at $71.90 on Friday. The firm has a 50 day simple moving average of $70.16 and a two-hundred day simple moving average of $80.32. Q2 Holdings, Inc. has a one year low of $58.57 and a one year high of $112.82. The company has a market cap of $4.50 billion, a P/E ratio of 149.80 and a beta of 1.48.

Q2 (NYSE:QTWO) last issued its earnings results on Wednesday, November 5th. The technology company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.32). Q2 had a net margin of 4.12% and a return on equity of 10.92%. The business had revenue of $201.70 million during the quarter, compared to analyst estimates of $197.87 million. During the same period in the prior year, the business posted ($0.20) EPS. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. Q2 has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts expect that Q2 Holdings, Inc. will post 0.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Zacks Research downgraded shares of Q2 from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Royal Bank Of Canada cut their price objective on shares of Q2 from $102.00 to $86.00 and set a “sector perform” rating for the company in a report on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Q2 in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Q2 from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group set a $90.00 price target on Q2 in a research note on Thursday. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $96.69.

About Q2

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.