On August 21, 2024, David Mehok, Chief Financial Officer of Q2 Holdings Inc (QTWO, Financial), sold 14,601 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 206,883 shares of Q2 Holdings Inc.
Q2 Holdings Inc specializes in providing cloud-based virtual banking solutions. The company's offerings help financial institutions deliver secure and intuitive interactions with their retail and commercial account holders.
Over the past year, the insider has sold a total of 26,854 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 61 insider sells and no insider buys over the past year.
Shares of Q2 Holdings Inc were trading at $72.51 on the day of the transaction, giving the company a market cap of approximately $4.39 billion.
The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.5, based on a GF Value of $48.24. The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market trends.
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.
