Quotient Technology Inc. (NYSE:QUOT) Chairman Steven R. Boal sold 149,202 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $16.96, for a total value of $2,530,465.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
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 shares were sold at an average price of $16.98, for a total value of $3,562,098.36.
Quotient Technology Inc. (NYSE QUOT) opened at 15.85 on Friday. Quotient Technology Inc. has a 52 week low of $9.10 and a 52 week high of $17.85. The company has a 50-day moving average price of $16.33 and a 200 day moving average price of $13.09. The company’s market cap is $1.46 billion.
Quotient Technology (NYSE:QUOT) last announced its earnings results on Tuesday, August 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $74.49 million for the quarter, compared to analyst estimates of $73.72 million. Quotient Technology had a negative return on equity of 2.92% and a negative net margin of 5.61%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.04) earnings per share. On average, equities research analysts forecast that Quotient Technology Inc. will post $0.24 EPS for the current fiscal year.
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A number of research firms have recently commented on QUOT. Bank of America Corporation reaffirmed a “neutral” rating and set a $20.00 target price (up previously from $15.00) on shares of Quotient Technology in a research note on Tuesday, October 10th. BidaskClub cut Quotient Technology from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $17.00 target price on shares of Quotient Technology in a research note on Friday, September 1st. DA Davidson began coverage on Quotient Technology in a research note on Wednesday, September 13th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Wedbush reaffirmed an “ourperform” rating and set a $16.00 target price on shares of Quotient Technology in a research note on Monday, July 31st. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $17.88.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rehmann Capital Advisory Group purchased a new stake in Quotient Technology in the third quarter valued at approximately $265,000. First Trust Advisors LP purchased a new stake in Quotient Technology in the third quarter valued at approximately $1,319,000. Strs Ohio purchased a new stake in Quotient Technology in the third quarter valued at approximately $2,174,000. California State Teachers Retirement System raised its position in Quotient Technology by 3.4% in the second quarter. California State Teachers Retirement System now owns 130,502 shares of the technology company’s stock valued at $1,501,000 after purchasing an additional 4,268 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in Quotient Technology by 15.8% in the second quarter. The Manufacturers Life Insurance Company now owns 57,385 shares of the technology company’s stock valued at $660,000 after purchasing an additional 7,819 shares during the period. 71.19% of the stock is currently owned by institutional investors.
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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