Quotient Technology Inc. (NYSE:QUOT) Chairman Steven R. Boal sold 149,202 shares of Quotient Technology stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $16.96, for a total value of $2,530,465.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Steven R. Boal also recently made the following trade(s):
- On Tuesday, October 17th, Steven R. Boal sold 209,782 shares of Quotient Technology stock. The stock was sold at an average price of $16.98, for a total transaction of $3,562,098.36.
Quotient Technology Inc. (NYSE:QUOT) opened at 16.40 on Friday. Quotient Technology Inc. has a one year low of $9.10 and a one year high of $17.85. The firm has a 50-day moving average of $16.28 and a 200-day moving average of $12.92. The company’s market capitalization is $1.51 billion.
Quotient Technology (NYSE:QUOT) last posted its quarterly earnings results on Tuesday, August 1st. The technology company reported ($0.01) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.03. Quotient Technology had a negative return on equity of 2.92% and a negative net margin of 5.61%. The firm had revenue of $74.49 million for the quarter, compared to the consensus estimate of $73.72 million. During the same period in the previous year, the business earned ($0.04) earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, analysts anticipate that Quotient Technology Inc. will post $0.24 earnings per share for the current year.
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Institutional investors have recently bought and sold shares of the stock. Marshall Wace North America L.P. boosted its stake in shares of Quotient Technology by 1,172.4% in the second quarter. Marshall Wace North America L.P. now owns 219,267 shares of the technology company’s stock valued at $2,632,000 after buying an additional 202,034 shares in the last quarter. Senvest Management LLC purchased a new stake in shares of Quotient Technology in the second quarter valued at approximately $30,620,000. Tudor Investment Corp ET AL purchased a new stake in shares of Quotient Technology in the first quarter valued at approximately $291,000. PNC Financial Services Group Inc. purchased a new stake in shares of Quotient Technology in the first quarter valued at approximately $437,000. Finally, Concourse Capital Management LLC boosted its stake in shares of Quotient Technology by 213.1% in the second quarter. Concourse Capital Management LLC now owns 87,984 shares of the technology company’s stock valued at $1,012,000 after buying an additional 59,884 shares in the last quarter. Hedge funds and other institutional investors own 71.19% of the company’s stock.
QUOT has been the subject of a number of recent research reports. BidaskClub downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Wedbush reiterated an “ourperform” rating and issued a $16.00 target price on shares of Quotient Technology in a report on Monday, July 31st. TheStreet upgraded shares of Quotient Technology from a “d+” rating to a “c-” rating in a report on Tuesday, August 1st. ValuEngine upgraded shares of Quotient Technology from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $17.00 target price on shares of Quotient Technology in a report on Friday, September 1st. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Quotient Technology currently has a consensus rating of “Buy” and an average price target of $17.88.
About Quotient Technology
Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.
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