Q2 Holdings, Inc. (NYSE:QTWO) SVP Barry G. Benton sold 1,500 shares of Q2 Holdings stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $38.19, for a total transaction of $57,285.00. Following the sale, the senior vice president now owns 23,487 shares in the company, valued at approximately $896,968.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Q2 Holdings, Inc. (NYSE QTWO) traded down 1.82% during midday trading on Wednesday, hitting $37.70. 158,962 shares of the stock traded hands. Q2 Holdings, Inc. has a 12 month low of $25.23 and a 12 month high of $40.50. The company’s 50 day moving average price is $37.95 and its 200 day moving average price is $36.87. The firm’s market cap is $1.56 billion.

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Several equities research analysts have recently issued reports on QTWO shares. BTIG Research upgraded shares of Q2 Holdings from a “neutral” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Monday, May 15th. Zacks Investment Research cut shares of Q2 Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Canaccord Genuity reiterated a “buy” rating and set a $43.00 price objective on shares of Q2 Holdings in a research report on Tuesday, August 1st. SunTrust Banks, Inc. started coverage on shares of Q2 Holdings in a research report on Monday, June 26th. They set a “buy” rating and a $45.00 price objective on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and set a $44.00 price objective (up previously from $42.00) on shares of Q2 Holdings in a research report on Friday, May 5th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $42.13.

Hedge funds have recently modified their holdings of the stock. Highbridge Capital Management LLC bought a new stake in shares of Q2 Holdings during the fourth quarter valued at about $235,000. UBS Asset Management Americas Inc. bought a new stake in shares of Q2 Holdings during the first quarter valued at about $431,000. First Mercantile Trust Co. boosted its stake in shares of Q2 Holdings by 249.8% in the first quarter. First Mercantile Trust Co. now owns 7,555 shares of the technology company’s stock valued at $263,000 after buying an additional 5,395 shares during the last quarter. OppenheimerFunds Inc. bought a new stake in shares of Q2 Holdings during the first quarter valued at about $21,406,000. Finally, Hamilton Lane Advisors LLC bought a new stake in shares of Q2 Holdings during the first quarter valued at about $443,000. Institutional investors own 91.08% of the company’s stock.

About Q2 Holdings

Q2 Holdings, Inc is a provider of cloud-based digital banking solutions. The Company enables regional and community financial institutions (RCFIs), to deliver a suite of integrated digital banking services. The Company’s solutions all operate on a common platform that supports the delivery of unified digital banking services across online, mobile and voice channels.

Insider Buying and Selling by Quarter for Q2 Holdings (NYSE:QTWO)

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