Quotient Technology Inc. (QUOT) Director Dawn G. Lepore Sells 900 Shares
Quotient Technology Inc. (NYSE:QUOT) Director Dawn G. Lepore sold 900 shares of Quotient Technology stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $12.08, for a total value of $10,872.00. Following the transaction, the director now owns 120,297 shares in the company, valued at approximately $1,453,187.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Quotient Technology Inc. (NYSE:QUOT) remained flat at $12.10 on Wednesday. The company’s stock had a trading volume of 86,383 shares. Quotient Technology Inc. has a 1-year low of $5.00 and a 1-year high of $14.36. The stock’s 50 day moving average price is $11.58 and its 200-day moving average price is $12.46. The stock’s market cap is $1.07 billion.
Quotient Technology (NYSE:QUOT) last announced its earnings results on Tuesday, November 1st. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by $0.14. The company had revenue of $66.47 million for the quarter, compared to analyst estimates of $66.17 million. Quotient Technology had a negative net margin of 9.88% and a negative return on equity of 5.14%. Quotient Technology’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.12) EPS. On average, equities research analysts anticipate that Quotient Technology Inc. will post $0.08 earnings per share for the current year.
A number of equities research analysts have commented on QUOT shares. Bank of America Corp. set a $15.00 target price on Quotient Technology and gave the company a “hold” rating in a research report on Wednesday, August 3rd. Zacks Investment Research upgraded Quotient Technology from a “hold” rating to a “strong-buy” rating and set a $15.00 target price on the stock in a research report on Tuesday, August 9th. Royal Bank Of Canada upgraded Quotient Technology from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $14.00 to $15.00 in a research report on Wednesday, November 2nd. RBC Capital Markets restated a “hold” rating on shares of Quotient Technology in a research report on Wednesday, August 3rd. Finally, Wedbush lifted their target price on Quotient Technology from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $14.36.
Large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its stake in Quotient Technology by 30.9% in the third quarter. Price T Rowe Associates Inc. MD now owns 9,643,059 shares of the company’s stock valued at $128,349,000 after buying an additional 2,273,700 shares during the period. Columbia Wanger Asset Management LLC boosted its stake 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 period. BlackRock Fund Advisors boosted its stake in Quotient Technology by 7.0% in the third quarter. BlackRock Fund Advisors now owns 1,620,619 shares of the company’s stock valued at $21,570,000 after buying an additional 105,492 shares during the period. BlackRock Institutional Trust Company N.A. raised its position in shares of Quotient Technology by 4.7% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,505,632 shares of the company’s stock valued at $20,040,000 after buying an additional 67,972 shares during the period. Finally, Northern Trust Corp raised its position in shares of Quotient Technology by 43.9% in the third quarter. Northern Trust Corp now owns 1,269,661 shares of the company’s stock valued at $16,898,000 after buying an additional 387,250 shares during the period. Hedge funds and other institutional investors own 70.82% of the company’s stock.
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Quotient Technology Company Profile
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.
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