Quotient Technology Inc (NYSE:QUOT) insider Steven R. Boal sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, June 18th. The stock was sold at an average price of $13.55, for a total transaction of $677,500.00. Following the transaction, the insider now owns 3,312,653 shares of the company’s stock, valued at approximately $44,886,448.15. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NYSE:QUOT opened at $13.45 on Friday. The firm has a market capitalization of $1.28 billion, a PE ratio of -103.46 and a beta of -0.25. Quotient Technology Inc has a twelve month low of $10.35 and a twelve month high of $17.85.
Quotient Technology (NYSE:QUOT) last released its quarterly earnings data on Tuesday, May 1st. The technology company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.03). The company had revenue of $86.77 million during the quarter, compared to the consensus estimate of $86.29 million. Quotient Technology had a negative net margin of 7.07% and a negative return on equity of 3.30%. analysts expect that Quotient Technology Inc will post -0.03 earnings per share for the current fiscal year.
Several research analysts have issued reports on QUOT shares. William Blair restated an “outperform” rating on shares of Quotient Technology in a report on Monday, April 16th. ValuEngine lowered shares of Quotient Technology from a “buy” rating to a “hold” rating in a research note on Thursday, May 24th. Royal Bank of Canada reiterated a “buy” rating and issued a $17.00 price objective on shares of Quotient Technology in a research note on Sunday, April 29th. Finally, First Analysis lifted their price objective on shares of Quotient Technology to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, March 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Quotient Technology currently has a consensus rating of “Buy” and an average target price of $18.00.
A number of hedge funds have recently made changes to their positions in the business. Wolverine Trading LLC increased its stake in Quotient Technology by 119.8% during the 4th quarter. Wolverine Trading LLC now owns 12,140 shares of the technology company’s stock valued at $143,000 after purchasing an additional 6,617 shares in the last quarter. Swiss National Bank increased its stake in Quotient Technology by 6.5% during the 1st quarter. Swiss National Bank now owns 128,800 shares of the technology company’s stock valued at $1,687,000 after purchasing an additional 7,900 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in Quotient Technology by 233.2% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 12,155 shares of the technology company’s stock valued at $159,000 after purchasing an additional 8,507 shares in the last quarter. SG Americas Securities LLC bought a new stake in Quotient Technology during the 1st quarter valued at $127,000. Finally, Amalgamated Bank bought a new stake in Quotient Technology during the 4th quarter valued at $121,000. Institutional investors and hedge funds own 74.85% of the company’s stock.
Quotient Technology Company Profile
Quotient Technology Inc provides digital marketing platform that offers digital coupons and media solutions to consumer packaged goods (CPGs) brands, retailers, and shoppers in the United States. The company operates its platform across various distribution networks, reaching approximately 60 million shoppers, including the app and Website of its flagship consumer brand, Coupons.com, other owned and operated properties, and various publisher partners.
Receive News & Ratings for Quotient Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quotient Technology and related companies with MarketBeat.com's FREE daily email newsletter.