The SVP & GC of Q2 Holdings (NYSE: QTWO) is Selling Shares

By Carrie Williams

Today, the SVP & GC of Q2 Holdings (NYSE: QTWO), Barry Benton, sold shares of QTWO for $35.31K.

In addition to Barry Benton, 7 other QTWO executives reported Sell trades in the last month. Following Barry Benton’s last QTWO Sell transaction on September 15, 2016, the stock climbed by 2.8%.

Based on Q2 Holdings’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $38.31 million and GAAP net loss of $9.48 million. In comparison, last year the company earned revenue of $28.02 million and had a GAAP net loss of $7.02 million. The company has a one year high of $32.85 and a one year low of $16.44. Currently, Q2 Holdings has an average volume of 209.6K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $33.00, reflecting a -5.3% downside.

The insider sentiment on Q2 Holdings has been negative according to 109 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Q2 Holdings, Inc. engages in the provision of cloud-based virtual banking solutions. Its services offers security, advisory, web services, custom services, and end user marketing solutions. The company was founded by Robert H. Seale III on March 31, 2005 and is headquartered in Austin, TX.