Quotient Technology Inc (QUOT) Given Consensus Rating of “Hold” by Brokerages

Shares of Quotient Technology Inc (NYSE:QUOT) have earned an average recommendation of “Hold” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $18.14.

Several analysts have issued reports on the stock. ValuEngine downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. BidaskClub downgraded shares of Quotient Technology from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Finally, Zacks Investment Research downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Thursday, January 11th.

Shares of Quotient Technology (QUOT) opened at $10.70 on Tuesday. Quotient Technology has a fifty-two week low of $9.10 and a fifty-two week high of $17.85. The stock has a market cap of $974.24, a PE ratio of -62.94, a price-to-earnings-growth ratio of 4.58 and a beta of -0.12.

In other news, Director Andrew J. Gessow acquired 5,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was acquired at an average price of $12.25 per share, with a total value of $61,250.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 11.46% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Hudson Bay Capital Management LP raised its position in shares of Quotient Technology by 823.8% in the fourth quarter. Hudson Bay Capital Management LP now owns 92,381 shares of the technology company’s stock valued at $1,085,000 after buying an additional 82,381 shares during the last quarter. Senvest Management LLC raised its position in shares of Quotient Technology by 85.5% in the fourth quarter. Senvest Management LLC now owns 6,731,227 shares of the technology company’s stock valued at $79,092,000 after buying an additional 3,102,351 shares during the last quarter. Spark Investment Management LLC acquired a new position in shares of Quotient Technology in the fourth quarter valued at approximately $3,476,000. Quadrature Capital Ltd acquired a new position in shares of Quotient Technology in the fourth quarter valued at approximately $219,000. Finally, Royce & Associates LP raised its position in shares of Quotient Technology by 129.2% in the fourth quarter. Royce & Associates LP now owns 369,000 shares of the technology company’s stock valued at $4,336,000 after buying an additional 208,000 shares during the last quarter. 72.12% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Quotient Technology (NYSE:QUOT)

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