Vontobel Holding Ltd. Makes New $1.30 Million Investment in Q2 Holdings, Inc. (NYSE:QTWO)

Vontobel Holding Ltd. bought a new stake in Q2 Holdings, Inc. (NYSE:QTWO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,905 shares of the technology company's stock, valued at approximately $1,299,000.

Other hedge funds also recently modified their holdings of the company. Quarry LP raised its position in Q2 by 988.2% in the 3rd quarter. Quarry LP now owns 370 shares of the technology company's stock valued at $30,000 after buying an additional 336 shares during the last quarter. Ameliora Wealth Management Ltd. bought a new stake in shares of Q2 in the 4th quarter worth $32,000. CWM LLC lifted its position in shares of Q2 by 199.8% during the third quarter. CWM LLC now owns 1,442 shares of the technology company's stock valued at $115,000 after purchasing an additional 961 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Q2 by 7,878.3% during the third quarter. International Assets Investment Management LLC now owns 1,835 shares of the technology company's stock valued at $146,000 after purchasing an additional 1,812 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in Q2 by 108.1% during the third quarter. Asset Management One Co. Ltd. now owns 1,856 shares of the technology company's stock worth $148,000 after purchasing an additional 964 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have commented on QTWO shares. Royal Bank of Canada lifted their target price on shares of Q2 from $105.00 to $108.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. Compass Point lifted their target price on Q2 from $91.00 to $107.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. DA Davidson raised their price objective on shares of Q2 from $76.00 to $86.00 and gave the stock a "neutral" rating in a report on Monday, November 11th. Raymond James increased their target price on shares of Q2 from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Finally, Stifel Nicolaus lifted their price target on shares of Q2 from $115.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $102.13.

Q2 Price Performance

QTWO stock traded down $2.86 during mid-day trading on Friday, reaching $87.84. 1,083,272 shares of the company traded hands, compared to its average volume of 690,979. Q2 Holdings, Inc. has a 52-week low of $43.55 and a 52-week high of $112.82. The company has a market capitalization of $5.33 billion, a P/E ratio of -135.13 and a beta of 1.61. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.40 and a quick ratio of 1.40. The company has a fifty day moving average price of $97.14 and a 200-day moving average price of $88.95.

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 the consensus estimate 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 earnings per share for the current year.

Insider Buying and Selling

In other news, President Kirk L. Coleman sold 10,428 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $106.42, for a total value of $1,109,747.76. Following the transaction, the president now owns 337,643 shares of the company's stock, valued at $35,931,968.06. This represents a 3.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CRO Michael A. Volanoski sold 4,178 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $106.00, for a total transaction of $442,868.00. Following the sale, the executive now owns 223,494 shares in the company, valued at approximately $23,690,364. This trade represents a 1.84 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,288 shares of company stock worth $3,003,523. Corporate insiders own 3.00% of the company's stock.

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.