In a filing, Q2 Holdings Inc revealed its President Coleman Kirk L unloaded Company’s shares for reported $1.11 million on Dec 12 ’24. In the deal valued at $106.42 per share,10,428 shares were sold. As a result of this transaction, Coleman Kirk L now holds 337,643 shares worth roughly $34.14 million.
Then, Coleman Kirk L sold 8,559 shares, generating $907,254 in total proceeds. Upon selling the shares at $106.00, the President now owns 340,903 shares.
Before that, Coleman Kirk L bought 10,428 shares. Q2 Holdings Inc shares valued at $1,109,758 were divested by the Officer at a price of $106.42 per share.
KeyBanc Capital Markets upgraded its Q2 Holdings Inc [QTWO] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid October from “a Buy” to “a Neutral”. Compass Point began covering QTWO with “Buy” recommendation on September 04, 2024. DA Davidson revised its rating on July 24, 2024. It rated QTWO as “a Neutral” which previously was an “a Buy”.
Price Performance Review of QTWO
On Monday, Q2 Holdings Inc [NYSE:QTWO] saw its stock fall -1.53% to $101.11. Over the last five days, the stock has lost -2.18%. Q2 Holdings Inc shares have risen nearly 0.46% since the year began. Nevertheless, the stocks have risen 150.89% over the past one year. While a 52-week high of $112.82 was reached on 01/06/25, a 52-week low of $39.66 was recorded on 01/02/25. SMA at 50 days reached $100.20, while 200 days put it at $74.14.
Levels Of Support And Resistance For QTWO Stock
The 24-hour chart illustrates a support level at 99.91, which if violated will result in even more drops to 98.72. On the upside, there is a resistance level at 103.01. A further resistance level may holdings at 104.91. The Relative Strength Index (RSI) on the 14-day chart is 46.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.79%. Stochastics %K at 25.21% indicates the stock is a holding.
How much short interest is there in Q2 Holdings Inc?
A steep rise in short interest was recorded in Q2 Holdings Inc stocks on 2024-12-13, dropping by -0.26 million shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.2 million shares. There was a decline of -8.96%, which implies that there is a negative sentiment for the stock.
