Quotient Technology Inc. (QUOT) Director Dawn G. Lepore Sells 4,000 Shares of Stock
Quotient Technology Inc. (NYSE:QUOT) Director Dawn G. Lepore sold 4,000 shares of the firm’s stock in a transaction dated Thursday, October 13th. The stock was sold at an average price of $12.01, for a total transaction of $48,040.00. Following the completion of the transaction, the director now directly owns 121,197 shares in the company, valued at approximately $1,455,575.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Quotient Technology Inc. (NYSE:QUOT) opened at 11.86 on Tuesday. The firm’s market cap is $995.50 million. Quotient Technology Inc. has a 1-year low of $5.00 and a 1-year high of $14.36. The company’s 50 day moving average is $12.93 and its 200-day moving average is $12.40.
Quotient Technology (NYSE:QUOT) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.04) earnings per share (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 company had revenue of $67.20 million for the quarter, compared to the consensus estimate of $63.52 million. During the same quarter in the previous year, the firm posted ($0.11) EPS. The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. On average, analysts predict that Quotient Technology Inc. will post $0.07 EPS for the current fiscal year.
A number of brokerages have issued reports on QUOT. Zacks Investment Research raised shares of Quotient Technology from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Saturday, July 16th. Boenning Scattergood reissued a “buy” rating and issued a $15.00 target price on shares of Quotient Technology in a report on Friday, September 30th. Bank of America Corp. set a $15.00 target price on shares of Quotient Technology and gave the stock a “hold” rating in a report on Wednesday, August 3rd. TheStreet cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Tuesday, September 6th. Finally, Dougherty & Co raised shares of Quotient Technology from a “neutral” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Wednesday, September 14th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Quotient Technology currently has a consensus rating of “Buy” and an average target price of $14.00.
Several hedge funds and other institutional investors have recently bought and sold shares of QUOT. Columbia Wanger Asset Management LLC increased its position in Quotient Technology by 11.9% in the second quarter. Columbia Wanger Asset Management LLC now owns 4,544,706 shares of the company’s stock valued at $60,945,000 after buying an additional 483,905 shares during the last quarter. Elk Creek Partners LLC acquired a new stake in Quotient Technology during the second quarter worth $3,188,000. Fuller & Thaler Asset Management Inc. acquired a new stake in Quotient Technology during the second quarter worth $5,316,000. BlackRock Institutional Trust Company N.A. boosted its stake in Quotient Technology by 31.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,437,660 shares of the company’s stock worth $19,279,000 after buying an additional 344,037 shares during the last quarter. Finally, G2 Investment Partners Management LLC boosted its stake in Quotient Technology by 80.3% in the second quarter. G2 Investment Partners Management LLC now owns 216,275 shares of the company’s stock worth $2,900,000 after buying an additional 96,346 shares during the last quarter. Institutional investors own 74.62% of the company’s stock.
About Quotient Technology
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.
Receive News & Stock Ratings for Quotient Technology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quotient Technology Inc. and related stocks with our FREE daily email newsletter.