A Director at Q2 Holdings Inc (NYSE: QTWO) is Selling Shares

By Carrie Williams

Today, a Director at Q2 Holdings Inc (QTWOResearch Report), Jeffrey Diehl, sold shares of QTWO for $4.69M.

Following Jeffrey Diehl’s last QTWO Sell transaction on August 20, 2018, the stock climbed by 9.6%.

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Based on Q2 Holdings Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $67.18 million and GAAP net loss of $11.86 million. In comparison, last year the company earned revenue of $51.7 million and had a GAAP net loss of $5.52 million. Currently, Q2 Holdings Inc has an average volume of 255.3K. The Company has a Price to Book ratio of 18.9263.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy QTWO with a $84 price target. Based on 14 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $73.15, reflecting a 7.2% upside.

The insider sentiment on Q2 Holdings Inc has been positive according to 90 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Q2 Holdings, Inc. engages in the provision of digital 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.