Continued Level of Significant Insider Selling at Q2 Holdings (QTWO)

Wednesday, October 04, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Q2 Holdings (QTWO)

A filing with the SEC today indicated a notable insider sale of Q2 Holdings shares as — R H Seale, Director — sold 92,000 shares in the company having a market value of approximately $3,825,020. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 122,426 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 214,426 shares and have averaged 35,738 shares per transaction over this time period.

The number of insider buy/sell trades at Q2 Holdings is higher than that of the 62 peer company average over the last 90-day period. The Enterprise Software peer group saw 192 buy/sell trades during this period for an average of 3.1 transactions per company. However, the number of shares traded per transaction by Q2 Holdings insiders is lower than its peers. Within the peer group there were 690,068 shares purchased and 8,093,480 shares sold with company insiders disposing of 38,559 shares on average over this time period.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data used to compose and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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