EAM Investors LLC Has $4.53 Million Stock Holdings in Q2 Holdings, Inc. (NYSE:QTWO)

EAM Investors LLC lowered its position in shares of Q2 Holdings, Inc. (NYSE:QTWO - Free Report) by 33.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 44,953 shares of the technology company's stock after selling 23,002 shares during the period. EAM Investors LLC owned 0.07% of Q2 worth $4,525,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of QTWO. Mariner LLC increased its stake in shares of Q2 by 36.2% in the fourth quarter. Mariner LLC now owns 3,644 shares of the technology company's stock valued at $367,000 after purchasing an additional 968 shares during the period. Summit Investment Advisors Inc. boosted its stake in Q2 by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 6,156 shares of the technology company's stock valued at $620,000 after buying an additional 195 shares in the last quarter. Townsquare Capital LLC acquired a new position in shares of Q2 in the 4th quarter worth approximately $290,000. Rockefeller Capital Management L.P. grew its position in Q2 by 208.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 381,094 shares of the technology company's stock worth $38,357,000 after buying an additional 257,652 shares during the last quarter. Finally, Concorde Asset Management LLC acquired a new position in shares of Q2 in the 4th quarter worth $268,000.

Q2 Stock Up 0.1 %

Q2 stock traded up $0.07 during mid-day trading on Friday, hitting $74.97. 381,570 shares of the company's stock were exchanged, compared to its average volume of 651,444. Q2 Holdings, Inc. has a 1-year low of $49.56 and a 1-year high of $112.82. The stock has a 50 day moving average of $80.11 and a two-hundred day moving average of $90.21. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.58. The stock has a market cap of $4.55 billion, a P/E ratio of -115.34 and a beta of 1.61.

Q2 (NYSE:QTWO - Get Free Report) last issued 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 anticipate that Q2 Holdings, Inc. will post 0.67 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director James Offerdahl sold 1,000 shares of the company's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $87.96, for a total transaction of $87,960.00. Following the completion of the transaction, the director now directly owns 17,241 shares in the company, valued at $1,516,518.36. The trade was a 5.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew P. Flake sold 56,799 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $78.28, for a total transaction of $4,446,225.72. Following the completion of the sale, the chief executive officer now owns 453,849 shares in the company, valued at approximately $35,527,299.72. The trade was a 11.12 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 193,858 shares of company stock valued at $14,853,965. Company insiders own 3.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on QTWO shares. Stephens reaffirmed an "overweight" rating and set a $115.00 price objective on shares of Q2 in a research note on Thursday, February 13th. Royal Bank of Canada raised their price objective on shares of Q2 from $105.00 to $108.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 13th. Stifel Nicolaus boosted their target price on shares of Q2 from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. The Goldman Sachs Group reduced their target price on Q2 from $119.00 to $106.00 and set a "buy" rating for the company in a report on Friday, March 28th. Finally, Compass Point reiterated a "neutral" rating and set a $60.00 price target on shares of Q2 in a report on Monday, April 7th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $102.33.

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.