Q2 Holdings Inc CEO Matthew Flake Sells 91,937 Shares
On February 5, 2024, Matthew Flake, the CEO of Q2 Holdings Inc (NYSE:QTWO), sold 91,937 shares of the company's stock, according to a recent SEC Filing. Q2 Holdings Inc is a provider of digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies globally. The company's solutions are designed to deliver a compelling, secure, and consistent user experience across digital channels.
Over the past year, the insider has sold a total of 161,486 shares and has not made any purchases of the company's stock. The recent transaction is part of a trend observed over the past year, where there have been no insider buys and 31 insider sells for Q2 Holdings Inc.
Shares of Q2 Holdings Inc were trading at $41.66 on the day of the insider's recent sale, resulting in a market capitalization of $2.46 billion.
The stock's price-to-GF-Value ratio stands at 0.67, indicating that Q2 Holdings Inc is significantly undervalued based on its GF Value of $61.86. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
