B. Metzler seel. Sohn & Co. Holding AG Buys Shares of 32,083 Q2 Holdings, Inc. (NYSE:QTWO)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Q2 Holdings, Inc. (NYSE:QTWO - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,083 shares of the technology company's stock, valued at approximately $2,559,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.05% of Q2 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC raised its holdings in shares of Q2 by 54.2% in the second quarter. CWM LLC now owns 481 shares of the technology company's stock valued at $29,000 after buying an additional 169 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Q2 by 7,878.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,835 shares of the technology company's stock valued at $146,000 after buying an additional 1,812 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Q2 by 108.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 1,856 shares of the technology company's stock valued at $148,000 after purchasing an additional 964 shares during the period. Quest Partners LLC bought a new position in shares of Q2 in the second quarter valued at $153,000. Finally, Highland Capital Management LLC bought a new position in Q2 in the 3rd quarter valued at $208,000.

Insider Activity at Q2

In related news, Director Jeffrey T. Diehl sold 28,005 shares of the firm's stock in a transaction on Monday, August 26th. The stock was sold at an average price of $75.25, for a total value of $2,107,376.25. Following the completion of the sale, the director now owns 397,702 shares of the company's stock, valued at $29,927,075.50. This trade represents a 6.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James Offerdahl sold 1,013 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $73.97, for a total transaction of $74,931.61. Following the completion of the sale, the director now directly owns 18,789 shares of the company's stock, valued at approximately $1,389,822.33. This trade represents a 5.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 30,963 shares of company stock worth $2,321,659. 3.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on QTWO shares. Needham & Company LLC upped their price objective on Q2 from $90.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. Stifel Nicolaus lifted their target price on shares of Q2 from $65.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, August 1st. Morgan Stanley raised their price target on shares of Q2 from $65.00 to $90.00 and gave the company an "equal weight" rating in a report on Thursday, November 7th. Piper Sandler increased their target price on Q2 from $74.00 to $93.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Finally, DA Davidson upped their target price on Q2 from $76.00 to $86.00 and gave the stock a "neutral" rating in a research report on Monday, November 11th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $91.50.

Q2 Stock Up 1.4 %

Shares of QTWO traded up $1.48 during mid-day trading on Friday, hitting $106.43. 520,216 shares of the company's stock were exchanged, compared to its average volume of 597,791. The company has a quick ratio of 2.50, a current ratio of 2.50 and a debt-to-equity ratio of 0.99. The firm has a fifty day moving average of $85.41 and a two-hundred day moving average of $72.32. The stock has a market cap of $6.43 billion, a price-to-earnings ratio of -108.90 and a beta of 1.58. Q2 Holdings, Inc. has a twelve month low of $34.59 and a twelve month high of $106.53.

Q2 Profile

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.