Volanoski Michael A.

QTWO CRO sells 9,300 shares in two transactions ($694,342.94); retains 166,512 shares post-sale

Michael A. Volanoski, Chief Revenue Officer of Q2 Holdings, executed two separate open-market sales totaling 9,300 shares for $694,342.94 at an average price of $74.66—near the current price of $75.31. The sales reduced his holdings by 5.3%, leaving him with 166,512 shares. His prior sales at QTWO show mixed timing results: only 1 of 5 prior trades at this ticker were well-timed (negative 90-day return), with his most recent December 2024 sale followed by a -29.0% 90-day decline. His cross-ticker track record across all open-market sells (8 prior transactions) shows a 25.00% well-timed rate with an average 90-day return of +7.9%, indicating his sales have historically been poorly timed relative to subsequent stock performance. The company reports an elevated P/E of 147.67 and was unprofitable over its most recent full fiscal year, though it posted $201.7M in revenue with 11.5% annual growth in the latest period.

CRO Michael Volanoski sells 34.6K shares (16.2% of holdings) for $2.5M across two days; stock down 30.5% in 90 days.

Michael Volanoski, Chief Revenue Officer at Q2 Holdings, executed 2 separate sales on March 12–13, 2025, totaling 34,565 shares for $2,538,094.60 at a blended average price of $73.43. This represents a 16.2% reduction in his holdings (from 213.0K to 178.4K shares). The transactions occur in a material downturn context: the stock is down 30.5% over the trailing 90 days and currently trades at $73.07, down 34.1% from its 52-week high of $110.85. Volanoski's same-ticker history at QTWO shows mixed timing outcomes: his December 2024 sales preceded larger declines (negative 90-day returns), but his March 2024 sale was followed by a gain. The company reported unprofitability (net income of $-11.8M in the latest quarter) despite 11.5% annual revenue growth, a context in which executive liquidity decisions may draw scrutiny.

Q2 Holdings CRO Volanoski sells 53,353 shares ($4.3M) at $80.68 avg; stock now -30.2% from 52-week high

Michael A. Volanoski, Chief Revenue Officer, executed 2 separate sales totaling 53,353 shares for $4,304,547.23, reducing his stake by 24.4%. The sales occurred at $80.89 (23,940 shares on 2025-03-04) and $80.51 (29,413 shares on 2025-03-05), with a blended average of $80.68. Since the sale, QTWO has declined to $77.33, down -30.2% from its 52-week high of $110.85 and down -18.6% over the past 30 days. At this same ticker, Volanoski's prior 4 trades show a 0% well-timed rate at the 90-day mark—his December 2024 sells have already posted -16.2% and -5.8% 30-day returns respectively, while his March 2024 sales were followed by positive returns (+12.8% and +12.8% at 30 days, later +29.4% and +32.2% at 90 days), indicating his recent sales have not preceded gains. The company remains unprofitable (net income of $-11,797,000.00 on revenue of $175,021,000.00) despite 11.5% annual revenue growth, and the insider's material divestiture occurs against a backdrop of significant stock depreciation and operational losses.

CRO Volanoski sold 9,301 shares at $106.07 avg on 2024-12-10/12 for $986.5K; 218.4K shares remain.

Michael A. Volanoski, Chief Revenue Officer of Q2 Holdings, executed 2 separate sales totaling 9,301 shares for $986,520.76 over December 10-12, 2024, at prices of $106.00 and $106.12, reducing his holdings by 4.1% to 218,371 shares. The sale occurred near the 52-week high of $110.85 (current price $105.90 is -4.5% from that peak), and follows a strong 90-day return of +41.6%. His prior sales at QTWO in March 2024 yielded positive 90-day returns of +29.4% and +32.2%, indicating a pattern of selling into rallies rather than ahead of declines. Q2 Holdings is unprofitable (net income $-11.8M in the latest quarter) despite 10.4% annual revenue growth, which adds context to insider liquidity decisions at a software company that has not yet reached sustained profitability.