On September 12, 2024, Michael Volanoski, Chief Revenue Officer of Q2 Holdings Inc (QTWO, Financial), sold 1,428 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 227,672 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 interaction with their retail and commercial account holders.
Over the past year, Michael Volanoski has engaged in multiple transactions involving the company's stock, selling a total of 55,299 shares and purchasing none. This recent sale is part of a broader trend at Q2 Holdings Inc, where there have been 66 insider sells and no insider buys over the past year.
On the day of the sale, shares of Q2 Holdings Inc were trading at $71.93. This pricing gives the company a market cap of approximately $4.34 billion. According to the GF Value, which is an intrinsic value estimate calculated by GuruFocus, the stock is currently significantly overvalued. The GF Value of $48.46 suggests a price-to-GF-Value ratio of 1.48.
The GF Value is determined by historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
