Quotient Technology Inc. (NYSE: QUOT), which was the subject of a new investment by Dupont Capital Management Corp. in the third quarter, was the subject of a new investment, according to the most recent Form 13F that the company has filed with the Securities and Exchange Commission (SEC). The corporation invested approximately $229,000 to purchase 98,956 shares in the technology company, bringing the total amount spent to approximately $229,000. Dupont Capital Management Corp. held 0.10% of the company, as stated in the most recent disclosure that Quotient Technology made with the Securities and Exchange Commission (SEC).
Several additional institutional investors have changed the percentage of the company’s stock they own due to recent events. During the second quarter, Credit Suisse AG completed a 4.3% increase in the proportion of shares in Quotient Technology that it owned. After purchasing 4,642 additional shares during the most recent quarter, Credit Suisse AG now owns a total of 112,519 shares of the technology company’s stock, which is $334,000. This brings the total number of shares owned by Credit Suisse AG to 112,519 (more info). During the first three months of 2018, Charles Schwab Investment Management Inc. grew its ownership of Quotient Technology stock by 1.2%, bringing the total amount of stock it held to 1.4%. Charles Schwab Investment Management Inc. now has a total of 645,016 shares of the technology company’s stock after purchasing an additional 7,891 shares during the preceding quarter. The stock is currently valued at a total of $4,116,000. XTX Topco Ltd. made approximately $65,000 in investments in Quotient Technology during the first three months of the year. The Swiss National Bank increased the amount of Quotient Technology it owns by 5.5% during the second quarter of the fiscal year. Currently, the Swiss National Bank is the owner of a total of 200,200 shares of stock in the technology company, which have a value of $595,000. This represents an increase of 10,400 shares acquired during the most recent quarter of the company’s financial year. In the final step, Raymond James & Associates started a new position in shares of Quotient Technology during the third quarter of the year. The new investment is valued at approximately $25,000 at this time. The majority of the company’s stock is held by institutional investors and hedge funds to the tune of 76.56%.
On Tuesday morning, a share of QUOT was $3.57 when trading got underway. The company’s moving average price over the past 50 days is $3.19, and its average price over the last 200 days is $2.70. The current price-to-earnings ratio for the stock is -4.06, and its beta value is 0.86. The current share price of the company’s stock puts its market value at $345.22 million. The current price of $7.36 for a share of Quotient Technology Inc. places it right in the middle of its one-year high and one-year low ranges.
Quotient Technology (NYSE: QUOT) announced the outcomes of its most recent quarterly financial report on November 8, a Tuesday. The loss that each share of the technology company’s stock incurred during the previous quarter was $0.07. The business brought in a total of $70.34 million in revenue during the period under consideration. In addition to having a negative net margin that was calculated at 23.03 percent, Quotient Technology also had a return on equity that was calculated at 42.75 percent that was negative. Quotient Technology Inc. is expected to incur a loss of 0.8 cents per share during the current fiscal year, as stated by the projections of market research analysts.
Thanks to recent developments, investors now have access to QUOT reports from several different brokerages. The first research notes that StockNews.com published about Quotient Technology was on October 12; this marked the day the website started covering the company. They suggested “putting up for sale” some of the company’s shares. On November 9, Rosenblatt Securities changed their recommendation for Quotient Technology from “neutral” to “buy,” signaling a bullish stance on the company. This modification was announced to the general public in a research note that they published. They concluded that a price target of $3.50 for the company would be appropriate.
Last but not least, in a research note published on December 1, Morgan Stanley lowered their “underweight” rating for Quotient Technology and lowered their price objective on the stock from $4.00 to $2.90. Both of these changes were made to the stock’s price. Both of these alterations were brought about as a direct reaction to recent happenings in the market.
On November 16, Quotient Technology director Andrew J. Gessow purchased 10,000 shares of the company’s stock. This is just one of the recent events involving Quotient Technology. In total, $32,000.00 was spent on purchasing the shares, which works out to an average price of $3.20 per share. As a direct consequence of the transaction, the director now possesses 385,108 shares of the company, which at present have a value of $1,232,345.60 each. The information concerning the acquisition submitted to the Securities and Exchange Commission (SEC) is currently available on the website of the SEC. On November 16, Quotient Technology director Andrew J. Gessow purchased 10,000 shares of the company’s stock. This is just one of the recent events involving Quotient Technology. In total, $32,000.00 was spent on purchasing the shares, which works out to an average price of $3.20 per share. As a direct consequence of the transaction, the director now possesses 385,108 shares of the company, which at present have a value of $1,232,345.60 each. The information concerning the acquisition submitted to the Securities and Exchange Commission (SEC) is currently available on the website of the SEC. In addition, Director Andrew J. Gessow purchased 15,000 shares of the company’s stock on November 29 of this year. A total of $45,000.00 was spent on acquiring the stock, which works out to an average price of $3.00 per share. After the deal’s completion, the director now has a total of 400,108 shares of the company, each of which is estimated to be worth a total of $1,200,324. You should look in this location if you are looking for the disclosure that pertains to this transaction. Insiders of the company have spent a total of $108,100 over the past three months buying 35,000 shares of the company’s stock, which brings the total value of these transactions to $108,100. Corporate insiders own the stock of the company to the extent of 12.51%.
Quotient Technology Inc. is a company that specializes in the creation of technology for digital media and promotions. The company offers power-integrated digital media and promotion programs to retailers and brands. The company provides access to these various programs. Users can participate in cash-back rebates, digital paperless, and print promotions through the Quotient Promotions platform. It includes not only the website and mobile applications of Coupons.com but also those of many other brands and stores, as well as websites and mobile applications that third-party publishers have published.