Q2 Holdings, Inc. (QTWO) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in shares of Q2 Holdings, Inc. (NYSE:QTWO) by 25.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,000 shares of the technology company’s stock after purchasing an additional 15,000 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.18% of Q2 Holdings worth $3,124,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of QTWO. UBS Asset Management Americas Inc. purchased a new position in shares of Q2 Holdings during the first quarter worth approximately $431,000. Franklin Resources Inc. increased its position in shares of Q2 Holdings by 55.6% during the second quarter. Franklin Resources Inc. now owns 1,502,687 shares of the technology company’s stock worth $55,523,000 after acquiring an additional 536,772 shares during the period. Hennessy Advisors Inc. purchased a new position in shares of Q2 Holdings during the second quarter worth approximately $924,000. First Trust Advisors LP increased its position in shares of Q2 Holdings by 213.2% during the second quarter. First Trust Advisors LP now owns 52,950 shares of the technology company’s stock worth $1,957,000 after acquiring an additional 36,046 shares during the period. Finally, William Blair Investment Management LLC increased its position in shares of Q2 Holdings by 39.7% during the second quarter. William Blair Investment Management LLC now owns 214,696 shares of the technology company’s stock worth $7,933,000 after acquiring an additional 61,059 shares during the period. Hedge funds and other institutional investors own 92.64% of the company’s stock.

In other news, CEO Matthew P. Flake sold 30,000 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $39.67, for a total value of $1,190,100.00. Following the completion of the sale, the chief executive officer now owns 222,459 shares in the company, valued at approximately $8,824,948.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Barry G. Benton sold 4,083 shares of the firm’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $37.49, for a total transaction of $153,071.67. Following the completion of the sale, the senior vice president now owns 24,820 shares of the company’s stock, valued at approximately $930,501.80. The disclosure for this sale can be found here. Insiders have sold a total of 231,908 shares of company stock worth $9,390,327 over the last three months. 24.50% of the stock is currently owned by insiders.

Q2 Holdings, Inc. (NYSE QTWO) opened at 41.85 on Tuesday. Q2 Holdings, Inc. has a 52-week low of $25.23 and a 52-week high of $43.03. The company’s 50-day moving average is $41.11 and its 200-day moving average is $39.20. The firm’s market capitalization is $1.73 billion.

QTWO has been the topic of several research reports. BidaskClub lowered shares of Q2 Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 23rd. Canaccord Genuity reissued a “buy” rating and set a $43.00 price objective on shares of Q2 Holdings in a report on Monday. Zacks Investment Research lowered shares of Q2 Holdings from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Finally, KeyCorp reissued a “hold” rating on shares of Q2 Holdings in a report on Wednesday, September 13th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $42.13.

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Q2 Holdings Company Profile

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.

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

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