Quotient Technology Inc (NYSE:QUOT) CFO Ronald J. Fior sold 15,000 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $10.25, for a total value of $153,750.00. Following the completion of the sale, the chief financial officer now directly owns 309,563 shares in the company, valued at approximately $3,173,020.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NYSE QUOT traded down $0.09 during trading hours on Friday, hitting $10.44. 424,600 shares of the company’s stock were exchanged, compared to its average volume of 640,716. Quotient Technology Inc has a 12-month low of $8.92 and a 12-month high of $15.98. The company has a market capitalization of $976.84 million, a PE ratio of -43.50 and a beta of 0.21. The company has a current ratio of 3.94, a quick ratio of 4.83 and a debt-to-equity ratio of 0.46.
Quotient Technology (NYSE:QUOT) last released its earnings results on Tuesday, February 12th. The technology company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.02). Quotient Technology had a negative return on equity of 6.59% and a negative net margin of 7.58%. The business had revenue of $107.06 million for the quarter, compared to analysts’ expectations of $110.13 million. Equities analysts predict that Quotient Technology Inc will post -0.23 EPS for the current year.
QUOT has been the topic of several research reports. Zacks Investment Research raised Quotient Technology from a “sell” rating to a “hold” rating in a report on Friday. ValuEngine lowered Quotient Technology from a “buy” rating to a “hold” rating in a report on Thursday, January 24th. reissued a “buy” rating and issued a $12.00 target price on shares of Quotient Technology in a report on Wednesday, February 13th. Craig Hallum initiated coverage on Quotient Technology in a report on Wednesday, April 17th. They issued a “buy” rating and a $20.00 target price on the stock. Finally, reissued a “buy” rating and issued a $12.00 target price on shares of Quotient Technology in a report on Wednesday, February 13th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $15.20.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NumerixS Investment Technologies Inc purchased a new position in Quotient Technology during the first quarter worth about $46,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Quotient Technology by 44.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,419 shares of the technology company’s stock worth $58,000 after buying an additional 1,668 shares during the period. Quantamental Technologies LLC lifted its position in Quotient Technology by 328.1% during the first quarter. Quantamental Technologies LLC now owns 7,568 shares of the technology company’s stock worth $75,000 after buying an additional 5,800 shares during the period. Marshall Wace LLP acquired a new stake in Quotient Technology during the first quarter worth about $95,000. Finally, Brinker Capital Inc. acquired a new stake in Quotient Technology during the first quarter worth about $117,000. Hedge funds and other institutional investors own 76.68% of the company’s stock.
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About Quotient Technology
Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.
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