Andrew J. Gessow Acquires 5,000 Shares of Quotient Technology Inc. (QUOT) Stock

Quotient Technology Inc. (NYSE:QUOT) Director Andrew J. Gessow acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were bought at an average cost of $12.25 per share, for a total transaction of $61,250.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Quotient Technology Inc. (QUOT) traded down $0.10 during trading on Monday, hitting $11.65. 411,459 shares of the company’s stock were exchanged, compared to its average volume of 481,646. Quotient Technology Inc. has a 1-year low of $9.10 and a 1-year high of $17.85.

Quotient Technology (NYSE:QUOT) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.10). The firm had revenue of $81.95 million during the quarter, compared to analyst estimates of $83.24 million. Quotient Technology had a negative return on equity of 4.96% and a negative net margin of 5.17%. The company’s revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.13) EPS. sell-side analysts expect that Quotient Technology Inc. will post -0.14 EPS for the current year.

Institutional investors have recently modified their holdings of the business. BNP Paribas Arbitrage SA raised its position in shares of Quotient Technology by 595.8% in the second quarter. BNP Paribas Arbitrage SA now owns 9,449 shares of the technology company’s stock worth $109,000 after acquiring an additional 8,091 shares during the period. Wedbush Securities Inc. acquired a new position in shares of Quotient Technology in the third quarter worth about $160,000. Stoneridge Investment Partners LLC acquired a new position in shares of Quotient Technology in the second quarter worth about $125,000. Great West Life Assurance Co. Can raised its position in shares of Quotient Technology by 116.7% in the third quarter. Great West Life Assurance Co. Can now owns 11,269 shares of the technology company’s stock worth $175,000 after acquiring an additional 6,069 shares during the period. Finally, Principal Financial Group Inc. raised its position in shares of Quotient Technology by 4.0% in the first quarter. Principal Financial Group Inc. now owns 12,385 shares of the technology company’s stock worth $118,000 after acquiring an additional 474 shares during the period. Institutional investors and hedge funds own 72.26% of the company’s stock.

A number of equities research analysts have recently weighed in on QUOT shares. BidaskClub lowered shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. First Analysis initiated coverage on shares of Quotient Technology in a report on Monday, October 9th. They issued an “overweight” rating and a $21.00 price target on the stock. DA Davidson initiated coverage on shares of Quotient Technology in a report on Wednesday, September 13th. They issued a “buy” rating and a $18.00 price target on the stock. ValuEngine raised shares of Quotient Technology from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, Bank of America reaffirmed a “neutral” rating and issued a $20.00 price target (up from $15.00) on shares of Quotient Technology in a report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $17.88.

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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.

Insider Buying and Selling by Quarter for Quotient Technology (NYSE:QUOT)

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