Q2 Holdings, Inc. (NYSE:QTWO – Get Free Report) CFO Jonathan Price sold 42,652 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $74.37, for a total transaction of $3,172,029.24. Following the completion of the sale, the chief financial officer now owns 209,378 shares of the company’s stock, valued at approximately $15,571,441.86. This represents a 16.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Q2 Stock Performance
Shares of NYSE:QTWO opened at $75.89 on Friday. The company’s 50 day simple moving average is $89.81 and its 200 day simple moving average is $90.15. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of -116.76 and a beta of 1.62. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.40 and a quick ratio of 1.40. Q2 Holdings, Inc. has a 1 year low of $46.50 and a 1 year high of $112.82.
Q2 (NYSE:QTWO – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.30). Q2 had a negative net margin of 5.53% and a positive return on equity of 0.85%. As a group, research analysts predict that Q2 Holdings, Inc. will post 0.67 EPS for the current fiscal year.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Q2
Institutional Trading of Q2
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. William Blair Investment Management LLC bought a new stake in shares of Q2 during the fourth quarter worth $202,645,000. State Street Corp grew its stake in shares of Q2 by 0.3% during the third quarter. State Street Corp now owns 1,668,767 shares of the technology company’s stock worth $133,118,000 after buying an additional 5,000 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Q2 by 11.2% during the fourth quarter. Capital Research Global Investors now owns 1,518,376 shares of the technology company’s stock worth $152,825,000 after buying an additional 152,872 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Q2 by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 1,389,181 shares of the technology company’s stock worth $140,175,000 after buying an additional 36,025 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Q2 by 107.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,345,741 shares of the technology company’s stock worth $135,449,000 after buying an additional 698,464 shares during the last quarter.
Q2 Company 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.
See Also
- Five stocks we like better than Q2
- 3 Fintech Stocks With Good 2021 Prospects
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Where to Find Earnings Call Transcripts
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- 5 Top Rated Dividend Stocks to Consider
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Q2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Q2 and related companies with MarketBeat.com's FREE daily email newsletter.