Quotient Technology Inc. (NYSE:QUOT) insider Steven R. Boal sold 209,782 shares of the stock in a transaction dated Tuesday, October 17th. The stock was sold at an average price of $16.98, for a total transaction of $3,562,098.36. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Steven R. Boal also recently made the following trade(s):
- On Monday, October 16th, Steven R. Boal sold 149,202 shares of Quotient Technology stock. The shares were sold at an average price of $16.96, for a total transaction of $2,530,465.92.
Shares of Quotient Technology Inc. (NYSE:QUOT) traded down 0.31% during mid-day trading on Friday, reaching $15.85. 621,716 shares of the company were exchanged. The company’s 50 day moving average price is $16.33 and its 200 day moving average price is $13.09. The firm’s market capitalization is $1.46 billion. Quotient Technology Inc. has a 12 month low of $9.10 and a 12 month high of $17.85.
Quotient Technology (NYSE:QUOT) last released its quarterly earnings results on Tuesday, August 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.03. The business had revenue of $74.49 million for the quarter, compared to analyst estimates of $73.72 million. Quotient Technology had a negative net margin of 5.61% and a negative return on equity of 2.92%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.04) earnings per share. Equities analysts anticipate that Quotient Technology Inc. will post $0.24 earnings per share for the current year.
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A number of equities research analysts recently commented on QUOT shares. BidaskClub downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Royal Bank Of Canada restated a “buy” rating and issued a $17.00 price objective on shares of Quotient Technology in a research report on Friday, September 1st. DA Davidson assumed coverage on shares of Quotient Technology in a report on Wednesday, September 13th. They issued a “buy” rating and a $18.00 target price for the company. Bank of America Corporation reaffirmed a “neutral” rating and issued a $20.00 target price (up from $15.00) on shares of Quotient Technology in a report on Tuesday, October 10th. Finally, ValuEngine raised shares of Quotient Technology from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Quotient Technology presently has an average rating of “Buy” and an average target price of $17.88.
A number of institutional investors have recently added to or reduced their stakes in QUOT. Senvest Management LLC acquired a new position in Quotient Technology in the 2nd quarter valued at approximately $30,620,000. Teachers Advisors LLC increased its stake in Quotient Technology by 258.2% in the 2nd quarter. Teachers Advisors LLC now owns 762,904 shares of the technology company’s stock valued at $8,773,000 after buying an additional 549,948 shares during the period. Lyon Street Capital LLC increased its stake in Quotient Technology by 109.1% in the 2nd quarter. Lyon Street Capital LLC now owns 794,339 shares of the technology company’s stock valued at $9,135,000 after buying an additional 414,400 shares during the period. Vanguard Group Inc. increased its stake in Quotient Technology by 7.1% in the 2nd quarter. Vanguard Group Inc. now owns 5,688,612 shares of the technology company’s stock valued at $65,419,000 after buying an additional 378,031 shares during the period. Finally, Marshall Wace North America L.P. grew its position in 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 worth $2,632,000 after acquiring an additional 202,034 shares in the last quarter. Hedge funds and other institutional investors own 71.19% of the company’s stock.
Quotient Technology Company Profile
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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