Quotient Technology Inc. (NYSE:QUOT) President Sells $80,334.41 in Stock

Quotient Technology Inc. (NYSE:QUOTGet Rating) President Scott David Raskin sold 25,831 shares of the company’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $3.11, for a total value of $80,334.41. Following the sale, the president now owns 1,167,587 shares in the company, valued at $3,631,195.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Quotient Technology Stock Performance

QUOT opened at $3.07 on Friday. The stock has a market cap of $296.87 million, a price-to-earnings ratio of -3.49 and a beta of 0.88. The stock’s 50 day moving average price is $2.57 and its 200-day moving average price is $2.92. Quotient Technology Inc. has a one year low of $1.68 and a one year high of $7.92.

Analyst Upgrades and Downgrades

QUOT has been the topic of a number of recent research reports. Craig Hallum downgraded Quotient Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. StockNews.com initiated coverage on Quotient Technology in a research note on Wednesday, October 12th. They set a “sell” rating on the stock. Finally, Rosenblatt Securities raised Quotient Technology from a “neutral” rating to a “buy” rating and set a $3.50 target price on the stock in a research note on Wednesday, November 9th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James & Associates bought a new position in Quotient Technology in the third quarter worth approximately $25,000. UBS Group AG lifted its holdings in Quotient Technology by 388.1% during the third quarter. UBS Group AG now owns 13,369 shares of the technology company’s stock worth $31,000 after buying an additional 10,630 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Quotient Technology by 227.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 19,468 shares of the technology company’s stock worth $44,000 after buying an additional 13,528 shares during the period. Virtu Financial LLC purchased a new position in Quotient Technology in the 2nd quarter worth $52,000. Finally, Tradition Wealth Management LLC purchased a new position in Quotient Technology in the 1st quarter worth $54,000. Institutional investors own 87.43% of the company’s stock.

Quotient Technology Company Profile

(Get Rating)

Quotient Technology Inc operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company's Quotient Promotions platform offers digital paperless, print promotion, and cash back rebates, including Coupons.com website and mobile applications; brand and retailer websites and mobile applications; and third-party publishing websites and mobile applications.

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