Q2 Holdings Inc (QTWO) Receives a Hold from BTIG

By Ryan Adsit

In a report issued on August 7, Mark Palmer from BTIG maintained a Hold rating on Q2 Holdings Inc (QTWOResearch Report). The company’s shares closed on Friday at $87.06, close to its 52-week high of $89.39.

According to TipRanks.com, Palmer is a top 100 analyst with an average return of 15.6% and a 69.5% success rate. Palmer covers the Financial sector, focusing on stocks such as Sutter Rock Capital Corp, Repay Holdings Corp, and Genworth Financial.

Q2 Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $91.17, a 4.7% upside from current levels. In a report issued on August 8, Stephens also reiterated a Hold rating on the stock with a $73 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $89.39 and a one-year low of $43.41. Currently, Q2 Holdings Inc has an average volume of 511.8K.

Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2019, Matthew Flake, the President & CEO of QTWO bought 120,000 shares for a total of $1,002,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.