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 $87,960 were sold by Offerdahl James on Feb 24 ’25. At $87.96 per share, Offerdahl James sold 1,000 shares. The insider’s holdings dropped to 17,241 shares worth approximately $1.49 million following the completion of this transaction.
Also, Coleman Kirk L sold 45,215 shares, netting a total of over 4,012,831 in proceeds. Following the sale of shares at $88.75 each, the insider now holds 292,428 shares.
Before that, Price Jonathan had sold 26,130 shares from its account. In a trade valued at $2,320,867, the Chief Financial Officer traded Q2 Holdings Inc shares for $88.82 each. Upon closing the transaction, the insider’s holdings decreased to 26,130 shares, worth approximately $17.25 million.
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 -6.29%. Over the course of the year, Q2 Holdings Inc shares have dropped approximately -14.35%. Shares of the company reached a 52-week high of $103.71 on 01/06/25 and a 52-week low of $83.64 on 02/25/25. A 50-day SMA is recorded $96.37, while a 200-day SMA reached $80.93. Nevertheless, trading volume fell to 0.71 million shares from 0.56 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 85.29, which, if violated, would cause prices to drop to 84.38. In the upper region, resistance lies at 87.62. The next price resistance is at 89.03. RSI (Relative Strength Index) is 34.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.17, which suggests the price will decrease in the coming days. Percent R is at 86.05%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
