Canaccord Genuity analyst David Hynes maintained a Hold rating on Q2 Holdings (NYSE: QTWO) today and set a price target of $60. The company’s shares closed yesterday at $61.85, close to its 52-week high of $63.55.
According to TipRanks.com, Hynes is a top 100 analyst with an average return of 33.4% and a 77.6% success rate. Hynes covers the Technology sector, focusing on stocks such as Nuance Communications, Aspen Technology, and Veeva Systems.
Q2 Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $56.60.
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The company has a one-year high of $63.55 and a one-year low of $31.95. Currently, Q2 Holdings has an average volume of 356.5K.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. Last month, Michael Maples, a Director at QTWO sold 47,099 shares for a total of $2,702,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Q2 Holdings, Inc. engages in the provision of digital banking solutions. Its services offers security, advisory, web services, custom services and end user marketing solutions. The company was founded by Robert H. Seale III on March 31, 2005 and is headquartered in Austin, TX.
