The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Q2 Holdings Inc shares valued at $1,109,748 were sold by Coleman Kirk L on Dec 12 ’24. At $106.42 per share, Coleman Kirk L sold 10,428 shares. The insider’s holdings dropped to 337,643 shares worth approximately $31.51 million following the completion of this transaction.
Also, Coleman Kirk L sold 8,559 shares, netting a total of over 907,254 in proceeds. Following the sale of shares at $106.00 each, the insider now holds 340,903 shares.
Before that, Coleman Kirk L had added 10,428 shares to its account. In a trade valued at $1,109,758, the Officer bought Q2 Holdings Inc shares for $106.42 each.
As published in a research note from Robert W. Baird on January 10, 2025, Q2 Holdings Inc [QTWO] has been rated down from an Outperform to a Neutral and the price target has been revised to $99 from $89. Analysts at KeyBanc Capital Markets upgraded the stock from ‘”a Sector weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of October 18, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for QTWO. Earlier on September 04, 2024, Compass Point initiated its rating. Their recommendation was “a Buy” for QTWO stock.
Analyzing QTWO Stock Performance
During the last five days, there has been a drop of approximately -5.30%. Over the course of the year, Q2 Holdings Inc shares have dropped approximately -7.28%. Shares of the company reached a 52-week high of $103.71 on 01/06/25 and a 52-week low of $86.56 on 01/13/25. A 50-day SMA is recorded $101.34, while a 200-day SMA reached $75.41. Nevertheless, trading volume fell to 0.71 million shares from 0.72 million shares the previous day.
Support And Resistance Levels for Q2 Holdings Inc (QTWO)
According to the 24-hour chart, there is a support level at 91.99, which, if violated, would cause prices to drop to 90.66. In the upper region, resistance lies at 95.32. The next price resistance is at 97.32. RSI (Relative Strength Index) is 38.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.58, which suggests the price will decrease in the coming days. Percent R is at 64.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
