Quotient Technology Inc. (NYSE:QUOT) insider Steven R. Boal sold 411,799 shares of the business’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $16.78, for a total transaction of $6,909,987.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Quotient Technology Inc. (NYSE:QUOT) traded up 0.59% during trading on Wednesday, hitting $16.95. 900,257 shares of the company were exchanged. The stock’s 50-day moving average is $15.28 and its 200-day moving average is $12.30. Quotient Technology Inc. has a 12 month low of $9.10 and a 12 month high of $17.20. The company’s market capitalization is $1.57 billion.

Quotient Technology (NYSE:QUOT) last released its quarterly earnings data on Tuesday, August 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.03. Quotient Technology had a negative net margin of 5.61% and a negative return on equity of 2.92%. The firm had revenue of $74.49 million during the quarter, compared to analysts’ expectations of $73.72 million. During the same period last year, the business earned ($0.04) earnings per share. Quotient Technology’s revenue was up 10.8% compared to the same quarter last year. Equities research analysts anticipate that Quotient Technology Inc. will post $0.24 earnings per share for the current year.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its position in Quotient Technology by 0.3% during the first quarter. Envestnet Asset Management Inc. now owns 20,203 shares of the technology company’s stock worth $193,000 after purchasing an additional 63 shares during the last quarter. Principal Financial Group Inc. increased its position in Quotient Technology by 4.0% during the first quarter. Principal Financial Group Inc. now owns 12,385 shares of the technology company’s stock worth $118,000 after purchasing an additional 474 shares during the last quarter. Wrapmanager Inc. increased its position in Quotient Technology by 3.8% during the second quarter. Wrapmanager Inc. now owns 16,838 shares of the technology company’s stock worth $194,000 after purchasing an additional 609 shares during the last quarter. Wells Fargo & Company MN increased its position in Quotient Technology by 1.6% during the first quarter. Wells Fargo & Company MN now owns 49,331 shares of the technology company’s stock worth $472,000 after purchasing an additional 763 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in Quotient Technology by 7.9% during the first quarter. Parametric Portfolio Associates LLC now owns 16,005 shares of the technology company’s stock worth $153,000 after purchasing an additional 1,168 shares during the last quarter. Hedge funds and other institutional investors own 71.27% of the company’s stock.

A number of analysts have recently weighed in on the stock. Dougherty & Co restated a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Quotient Technology in a report on Wednesday. BidaskClub upgraded shares of Quotient Technology from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. TheStreet upgraded shares of Quotient Technology from a “d+” rating to a “c-” rating in a report on Tuesday, August 1st. Royal Bank Of Canada restated a “buy” rating and issued a $17.00 target price on shares of Quotient Technology in a report on Friday, September 1st. Finally, ValuEngine upgraded shares of Quotient Technology from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Quotient Technology currently has a consensus rating of “Buy” and an average price target of $16.57.

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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