Q2 Holdings, Inc. (NYSE:QTWO) Holdings Raised by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its stake in Q2 Holdings, Inc. ( NYSE:QTWO – Free Report ) by 21.

7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,489 shares of the technology company’s stock after purchasing an additional 5,965 shares during the quarter. Russell Investments Group Ltd.



owned about 0.06% of Q2 worth $3,371,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also recently bought and sold shares of QTWO.

Proficio Capital Partners LLC acquired a new stake in shares of Q2 in the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd.

acquired a new stake in Q2 in the fourth quarter worth approximately $30,000. TCTC Holdings LLC bought a new position in Q2 during the 4th quarter valued at $30,000. Ameliora Wealth Management Ltd.

acquired a new position in shares of Q2 during the 4th quarter valued at $32,000. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of Q2 in the 4th quarter worth $137,000.

Insider Activity In other Q2 news, Director James Offerdahl sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $87.96, for a total value of $87,960.

00. Following the completion of the sale, the director now directly owns 17,241 shares of the company’s stock, valued at $1,516,518.36.

The trade was a 5.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink .

Also, CEO Matthew P. Flake sold 36,023 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $80.

35, for a total transaction of $2,894,448.05. Following the transaction, the chief executive officer now owns 485,666 shares in the company, valued at $39,023,263.

10. This represents a 6.91 % decrease in their position.

The disclosure for this sale can be found here . Insiders have sold a total of 193,858 shares of company stock worth $14,853,965 in the last ninety days. Corporate insiders own 3.

00% of the company’s stock. Q2 Trading Down 2.7 % Q2 ( NYSE:QTWO – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 12th.

The technology company reported $0.18 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, analysts predict that Q2 Holdings, Inc. will post 0.

67 earnings per share for the current fiscal year. Wall Street Analyst Weigh In A number of research firms recently issued reports on QTWO. The Goldman Sachs Group lowered their target price on Q2 from $119.

00 to $106.00 and set a “buy” rating on the stock in a report on Friday, March 28th. Stifel Nicolaus boosted their target price on shares of Q2 from $115.

00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Robert W.

Baird restated a “neutral” rating and issued a $99.00 price target (up previously from $89.00) on shares of Q2 in a research report on Friday, January 10th.

Stephens reaffirmed an “overweight” rating and issued a $115.00 price target on shares of Q2 in a report on Thursday, February 13th. Finally, Royal Bank of Canada lifted their target price on Q2 from $105.

00 to $108.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock.

According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $102.33. View Our Latest Stock Report on Q2 Q2 Company Profile ( Free Report ) 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. Recommended Stories 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 .

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