Quotient Technology Inc. (NYSE:QUOT) insider Connie Chen sold 955 shares of the stock in a transaction that occurred on Tuesday, October 18th. The shares were sold at an average price of $11.95, for a total transaction of $11,412.25. Following the sale, the insider now directly owns 11,008 shares of the company’s stock, valued at approximately $131,545.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Connie Chen also recently made the following trade(s):
- On Monday, October 17th, Connie Chen sold 3,812 shares of Quotient Technology stock. The shares were sold at an average price of $11.81, for a total transaction of $45,019.72.
- On Tuesday, September 6th, Connie Chen sold 3,464 shares of Quotient Technology stock. The shares were sold at an average price of $13.27, for a total transaction of $45,967.28.
Quotient Technology Inc. (NYSE:QUOT) traded down 0.42% during mid-day trading on Wednesday, reaching $11.88. 180,055 shares of the company traded hands. The stock’s 50 day moving average price is $12.88 and its 200 day moving average price is $12.41. Quotient Technology Inc. has a 52 week low of $5.00 and a 52 week high of $14.36. The firm’s market capitalization is $997.18 million.
Quotient Technology (NYSE:QUOT) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.03. Quotient Technology had a negative return on equity of 7.52% and a negative net margin of 9.68%. The firm had revenue of $67.20 million for the quarter, compared to analyst estimates of $63.52 million. During the same quarter last year, the firm earned ($0.11) EPS. The company’s revenue was up 20.2% on a year-over-year basis. Equities analysts forecast that Quotient Technology Inc. will post $0.07 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Bayesian Capital Management LP bought a new position in shares of Quotient Technology during the first quarter valued at about $171,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of Quotient Technology during the second quarter valued at about $5,316,000. Gerstein Fisher bought a new position in shares of Quotient Technology during the second quarter valued at about $836,000. Teachers Advisors Inc. boosted its position in shares of Quotient Technology by 67.0% in the first quarter. Teachers Advisors Inc. now owns 156,096 shares of the company’s stock valued at $1,655,000 after buying an additional 62,638 shares during the last quarter. Finally, Suntrust Banks Inc. bought a new position in shares of Quotient Technology during the second quarter valued at about $256,000. Institutional investors own 74.62% of the company’s stock.
A number of equities research analysts recently commented on QUOT shares. Zacks Investment Research raised shares of Quotient Technology from a “hold” rating to a “strong-buy” rating and set a $15.00 target price for the company in a research report on Tuesday, August 9th. Loop Capital started coverage on shares of Quotient Technology in a report on Wednesday, August 10th. They issued a “buy” rating and a $16.00 price target for the company. Boenning Scattergood started coverage on shares of Quotient Technology in a report on Thursday, September 29th. They issued an “outperform” rating for the company. Wedbush raised their price target on shares of Quotient Technology from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Wednesday, August 3rd. Finally, Bank of America Corp. set a $15.00 price target on shares of Quotient Technology and gave the stock a “hold” rating in a report on Wednesday, August 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. Quotient Technology has an average rating of “Hold” and a consensus price target of $13.78.
Quotient Technology Company Profile
Quotient Technology Inc, formerly Coupons.com Incorporated, is a provider of digital promotions and media solutions. The Company connects consumer packaged goods (CPG) brands and retailers with shoppers by offering digital promotions and media to shoppers through mobile, Web and social channels. The Company’s platform is used by brands, as well as retailers in the grocery, drug, dollar, club and mass merchandise channels to engage shoppers at the critical moments when they are choosing what products to buy and where to shop.
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