Q2 Holdings, Inc. (QTWO) Position Maintained by Nicholas Company Inc.

Nicholas Company Inc. held its stake in shares of Q2 Holdings, Inc. (NYSE:QTWO) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 148,930 shares of the technology company’s stock at the end of the 2nd quarter. Nicholas Company Inc. owned 0.36% of Q2 Holdings worth $5,502,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Strs Ohio boosted its position in shares of Q2 Holdings by 6.6% during the 2nd quarter. Strs Ohio now owns 8,100 shares of the technology company’s stock valued at $299,000 after purchasing an additional 500 shares in the last quarter. Sei Investments Co. boosted its position in shares of Q2 Holdings by 36.9% during the 2nd quarter. Sei Investments Co. now owns 3,557 shares of the technology company’s stock valued at $131,000 after purchasing an additional 959 shares in the last quarter. American International Group Inc. boosted its position in shares of Q2 Holdings by 7.1% during the 1st quarter. American International Group Inc. now owns 15,740 shares of the technology company’s stock valued at $549,000 after purchasing an additional 1,038 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Q2 Holdings by 19.7% during the 2nd quarter. Legal & General Group Plc now owns 7,256 shares of the technology company’s stock valued at $269,000 after purchasing an additional 1,195 shares in the last quarter. Finally, Blair William & Co. IL boosted its position in shares of Q2 Holdings by 26.5% during the 2nd quarter. Blair William & Co. IL now owns 8,830 shares of the technology company’s stock valued at $326,000 after purchasing an additional 1,850 shares in the last quarter. Institutional investors own 92.74% of the company’s stock.

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In related news, insider Adam D. Blue sold 35,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $39.67, for a total value of $1,388,450.00. Following the completion of the transaction, the insider now directly owns 75,805 shares in the company, valued at approximately $3,007,184.35. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew P. Flake sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $39.67, for a total transaction of $1,190,100.00. Following the completion of the transaction, the chief executive officer now owns 222,459 shares of the company’s stock, valued at $8,824,948.53. The disclosure for this sale can be found here. Over the last three months, insiders sold 327,908 shares of company stock worth $12,416,257. Insiders own 24.50% of the company’s stock.

Shares of Q2 Holdings, Inc. (NYSE:QTWO) opened at 40.20 on Friday. The stock’s market capitalization is $1.66 billion. Q2 Holdings, Inc. has a 12 month low of $25.23 and a 12 month high of $41.70. The company’s 50 day moving average price is $39.33 and its 200-day moving average price is $37.89.

Several equities research analysts recently commented on QTWO shares. Zacks Investment Research upgraded Q2 Holdings from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research report on Wednesday, August 9th. Canaccord Genuity reaffirmed a “buy” rating and set a $43.00 price target on shares of Q2 Holdings in a research note on Tuesday, August 1st. SunTrust Banks, Inc. began coverage on Q2 Holdings in a research note on Monday, June 26th. They set a “buy” rating and a $45.00 price target on the stock. KeyCorp reaffirmed a “hold” rating on shares of Q2 Holdings in a research note on Wednesday. Finally, ValuEngine raised Q2 Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Q2 Holdings presently has a consensus rating of “Buy” and a consensus price target of $42.13.

About Q2 Holdings

Q2 Holdings, Inc is a provider of cloud-based digital banking solutions. The Company enables regional and community financial institutions (RCFIs), to deliver a suite of integrated digital banking services. The Company’s solutions all operate on a common platform that supports the delivery of unified digital banking services across online, mobile and voice channels.

Institutional Ownership by Quarter for Q2 Holdings (NYSE:QTWO)

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