Q2 (NYSE:QTWO) General Counsel Michael Kerr Sells 7,157 Shares

by · The Cerbat Gem

Q2 Holdings, Inc. (NYSE:QTWOGet Free Report) General Counsel Michael Kerr sold 7,157 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $49.75, for a total value of $356,060.75. Following the transaction, the general counsel directly owned 59,602 shares of the company’s stock, valued at $2,965,199.50. The trade was a 10.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Q2 Trading Down 1.1%

Shares of NYSE:QTWO traded down $0.55 on Wednesday, hitting $49.98. The company had a trading volume of 2,620,308 shares, compared to its average volume of 1,391,092. The company has a market cap of $3.12 billion, a PE ratio of 63.27 and a beta of 1.40. Q2 Holdings, Inc. has a 52-week low of $46.16 and a 52-week high of $96.68. The business has a 50 day moving average of $61.37 and a 200 day moving average of $68.18.

More Q2 News

Here are the key news stories impacting Q2 this week:

  • Positive Sentiment: No clear positive catalysts reported in the last 24–36 hours. (No link)
  • Neutral Sentiment: Market roundup mention — Q2 was included in a list of notable movers on Yahoo Finance; this is informational but not a direct company development. Stocks making big moves yesterday: Q2 Holdings
  • Negative Sentiment: CEO Matthew Flake sold 91,590 shares (avg $49.75, ~$4.56M) and 26,921 shares on Mar 3 (avg $49.72). These disposals reduced his holdings materially and are disclosed in SEC filings. CEO Form 4
  • Negative Sentiment: CFO Jonathan Price sold 32,156 shares (avg $49.75) and 7,680 shares (avg $49.72), trimming his stake by double‑digit percentages — another signal of insider supply. CFO Form 4
  • Negative Sentiment: Other executives and insiders (General Counsel Michael Kerr, COO Himagiri Mukkamala, John Breeden, Kimberly Rutledge, Kirk Coleman) executed multi‑hundred‑thousand to multi‑million dollar sales across Mar 3–4, each reducing positions by several percent to double digits — creating concentrated selling pressure. Representative filings: GC GC Form 4, insider example Insider Form 4

Institutional Trading of Q2

A number of institutional investors and hedge funds have recently made changes to their positions in QTWO. Advisors Asset Management Inc. boosted its holdings in Q2 by 18.1% in the second quarter. Advisors Asset Management Inc. now owns 1,003 shares of the technology company’s stock valued at $94,000 after acquiring an additional 154 shares during the last quarter. ANB Bank increased its stake in Q2 by 7.1% during the second quarter. ANB Bank now owns 2,710 shares of the technology company’s stock worth $254,000 after acquiring an additional 179 shares during the last quarter. Hilltop National Bank raised its holdings in shares of 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 raised its holdings in shares of Q2 by 0.3% in the 2nd quarter. California State Teachers Retirement System now owns 55,842 shares of the technology company’s stock worth $5,226,000 after purchasing an additional 194 shares during the period. Finally, Maryland State Retirement & Pension System lifted its stake in shares of Q2 by 2.2% in the 4th quarter. Maryland State Retirement & Pension System now owns 9,174 shares of the technology company’s stock valued at $662,000 after purchasing an additional 197 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on QTWO. Royal Bank Of Canada cut their price objective on shares of Q2 from $86.00 to $67.00 and set a “sector perform” rating for the company in a research report on Thursday, February 12th. UBS Group set a $67.00 price target on Q2 in a report on Thursday, February 12th. Stifel Nicolaus set a $75.00 price target on Q2 in a research note on Thursday, February 12th. Cantor Fitzgerald lowered their price objective on Q2 from $90.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Finally, DA Davidson upgraded Q2 from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.29.

Read Our Latest Stock Report on QTWO

Q2 Company Profile

(Get Free Report)

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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