Wednesday, February 28, 2018 10:15 PM ET
Insider Sale at Q2 Holdings (QTWO) Continues Selling Trend
An insider — R H Seale, Director — disposed of 120,000 shares of Q2 Holdings having a market value of approximately $5,576,400 today, as revealed in a form 4 document filed with the SEC. There have been 9 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 133,754 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 253,754 shares and have averaged 25,375 shares per transaction over this time period.
The number of insider buy/sell trades at Q2 Holdings is greater than that of the 64 peer company average over the last 90-day period. The Enterprise Software peer group saw 154 buy/sell trades during this period for an average of 2.4 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 565,436 shares purchased and 8,443,955 shares sold with company insiders disposing of 51,159 shares on average over this time period.
The data obtained in creating and writing in this story eliminates 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.
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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