Q2 Holdings Inc’s filing revealed that 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 $30.03 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.
Robert W. Baird downgraded its Q2 Holdings Inc [QTWO] rating to a Neutral from a an Outperform in a research note published on January 10, 2025; the price target was increased to $99 from $89. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in mid December from “a Sector weight” to “an Overweight”. Citigroup also remained covering QTWO and has decreased its forecast on October 18, 2024 with a “Neutral” recommendation from previously “Buy” rating. Compass Point started covering the stock on September 04, 2024. It rated QTWO as “a Buy”.
Price Performance Review of QTWO
On Friday, Q2 Holdings Inc [NYSE:QTWO] saw its stock fall -10.91% to $88.95. Over the last five days, the stock has lost -10.64%. Q2 Holdings Inc shares have fallen nearly -11.62% since the year began. Nevertheless, the stocks have risen 111.79% over the past one year. While a 52-week high of $112.82 was reached on 01/06/25, a 52-week low of $40.60 was recorded on 01/10/25. SMA at 50 days reached $100.91, while 200 days put it at $74.81.
Levels Of Support And Resistance For QTWO Stock
The 24-hour chart illustrates a support level at 85.87, which if violated will result in even more drops to 82.79. On the upside, there is a resistance level at 94.36. A further resistance level may holdings at 99.77. The Relative Strength Index (RSI) on the 14-day chart is 29.42, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.79%. Stochastics %K at 19.58% indicates the stock is a buying.
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.
