Q2 Holdings Inc COO John Breeden Sells 25,397 Shares
On December 21, 2023, John Breeden, the COO of Q2 Holdings Inc (NYSE:QTWO), sold 25,397 shares of the company. The transaction was filed with the SEC and can be found in the following SEC Filing.
Q2 Holdings Inc is a provider of digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies globally. Q2's solutions are designed to deliver a compelling, secure, and intuitive online and mobile banking experience for the end-user, along with the requisite security and fraud protection expected by the financial institution.
Over the past year, the insider has sold a total of 42,401 shares and has not made any purchases. The company's insider transaction history indicates a total of 29 insider sells and no insider buys over the past year.
On the date of the insider's recent transaction, shares of Q2 Holdings Inc were trading at $42.92, resulting in a market cap of $2.545 billion.
The stock's price-to-GF-Value ratio stands at 0.7, with a GuruFocus Value of $61.20, indicating that Q2 Holdings Inc is considered Modestly Undervalued.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by 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.
