CFO David Mehok sold 14,601 shares of QTWO at $72.51 on 2024-08-21, reducing holdings to 206,883 shares.
David Mehok, Chief Financial Officer of Q2 Holdings, executed a sale of 14,601 shares totaling $1,058,718.51 on 2024-08-21 at $72.51 per share. The transaction reduced his holdings by 6.6%, from 221,484 shares to 206,883 shares. At the time of sale, the stock was near its 52-week high of $73.15, trading within 0.6% of that peak. The company remains unprofitable on a full-year basis with net income of $-13,060,000.00, though it generated $172,890,000.00 in latest quarterly revenue and achieved annual revenue growth of 10.4%. The sale occurred in a period of positive short-term momentum, with the stock up 3.9% over 30 days and 16.8% over 90 days.