Q2 Holdings, Inc. (QTWO): Matthew P Flake , President and CEO of Q2 Holdings, Inc. sold 140,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $23.18 per share for a total value of $3,245,200.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, John E Breeden (EVP, Operations) sold 7,500 shares at $23.14 per share price.On May 11, 2016, R. H. Seale (director 10% owner) sold 17,880 shares at $25.01 per share price.Also, On May 11, 2016, Jennifer Noel Harris (Chief Financial Officer) sold 10,000 shares at $25.00 per share price.On May 11, 2016, William M Furrer (SVP, Product) sold 10,000 shares at $25.00 per share price.
Q2 Holdings Inc: On Friday, May 13, 2016 heightened volatility was witnessed in Q2 Holdings Inc which led to swings in the share price. The shares opened for trading at $23.51 and hit $23.73 on the upside , eventually ending the session at $23.54, with a gain of 0.17% or 0.04 points. The heightened volatility saw the trading volume jump to 1,78,891 shares. The 52-week high of the share price is $30.44 and the company has a market cap of $923 M . The 52-week low of the share price is at $16.435.
Company has been under the radar of several Street Analysts.Q2 Holdings Inc is Initiated by Craig Hallum to Buy and the brokerage firm has set the Price Target at $32. The Rating was issued on Mar 15, 2016.Q2 Holdings Inc is Initiated by First Analysis Sec to Overweight and the brokerage firm has set the Price Target at $26. The Rating was issued on Mar 2, 2016.
Q2 Holdings Inc. (Q2) is a provider of secure cloud-based virtual banking solutions. The Company enables regional and community financial institutions (RCFIs) to deliver a range of virtual banking services. It delivers virtual banking experience across online mobile voice and tablet channels. Its software-as-a-service (SaaS) delivery model is designed to scale with its customers as they add account holders on its solutions. RCFIs can configure the Company’s solutions to function in a manner that is consistent with their specific workflows processes and controls and personalize the experiences they deliver to their account holders by extending the services and local character of their branches across digital channels. It sells subscriptions to its cloud-based solutions through its direct sales organization. The Company’s solutions include Q2online Q2 Risk & Fraud Analytics Q2 Treasury Q2mobility App Q2mobile Remote Deposit Capture Q2text Q2voice Q2themes and Q2clarity.