On December 10, Volanoski sold 4,178 shares at an average price of $106 per share, amounting to approximately $442,868. This sale was executed to cover tax withholding obligations related to the vesting of Restricted Stock Units, as mandated by the issuer.Subsequently, on December 12, he sold an additional 5,123 shares at a weighted average price of $106.12 per share, generating approximately $543,652. This transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted earlier in June 2023.Following these transactions, Volanoski retains direct ownership of 218,371 shares of Q2 Holdings (NYSE:QTWO). For comprehensive insider trading analysis and 14 additional key insights about Q2 Holdings, visit InvestingPro, where you'll find detailed Pro Research Reports covering what really matters for smarter investment decisions. For comprehensive insider trading analysis and 14 additional key insights about Q2 Holdings, visit InvestingPro, where you'll find detailed Pro Research Reports covering what really matters for smarter investment decisions.
On December 10, Volanoski sold 4,178 shares at an average price of $106 per share, amounting to approximately $442,868. This sale was executed to cover tax withholding obligations related to the vesting of Restricted Stock Units, as mandated by the issuer.
Subsequently, on December 12, he sold an additional 5,123 shares at a weighted average price of $106.12 per share, generating approximately $543,652. This transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted earlier in June 2023.
Following these transactions, Volanoski retains direct ownership of 218,371 shares of Q2 Holdings.
In other recent news, Q2 Holdings has been the focus of several financial firms following a strong Q3 performance. Needham maintained its buy rating on Q2 Holdings shares and increased the stock's price target to $120, citing robust subscription revenue growth and successful sales strategies. Similarly, Piper Sandler, Stephens, Goldman Sachs, and Citi all adjusted their price targets for Q2 Holdings upwards, highlighting the company's revenue growth, strong earnings, and promising financial metrics. However, DA Davidson maintained a neutral stance, keeping its price target at $76, while acknowledging the company's significant subscription revenue increase and substantial free cash flow generation. Amid these developments, Jonathan Price is set to succeed David Mehok as CFO in November. These are the recent developments shaping the trajectory of Q2 Holdings.
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