Quotient Technology Inc. (QUOT) Files Form 4 Insider Selling : Connie Chen Sells 2,331 Shares

Quotient Technology Inc. (QUOT): Connie Chen , GC, Sec and Chief Comp Officer of Quotient Technology Inc. sold 2,331 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $12.00 per share for a total value of $27,972.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 24, 2016, Mir Aamir (President and COO) sold 34,021 shares at $8.24 per share price.On Feb 24, 2016, Connie Chen (GC, Sec. & Chief Comp. Officer) sold 3,500 shares at $8.76 per share price.Also, On Feb 24, 2016, Steven R. Boal (CEO) sold 34,214 shares at $8.08 per share price.On Feb 24, 2016, Andrew J Gessow (director) purchased 10,000 shares at $8.00 per share price.

Company has been under the radar of several Street Analysts.Quotient Technology Inc is Upgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on May 4, 2016.Quotient Technology Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 11 from a previous price target of $8 .The Rating was issued on May 4, 2016.Quotient Technology Inc is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 15 from a previous price target of $10 .The Rating was issued on Apr 25, 2016.Quotient Technology Inc is Initiated by Topeka Capital Markets to Hold and the brokerage firm has set the Price Target at $10. The Rating was issued on Mar 24, 2016.Quotient Technology Inc is Initiated by Wedbush to Outperform and the brokerage firm has set the Price Target at $10. The Rating was issued on Feb 23, 2016.

Quotient Technology Inc. formerly Coupons.com Incorporated operates a digital promotion platform that connects brands and retailers with consumers. The Company has over 2000 brands from around 700 consumer packaged goods companies (CPGs) and other grocery drug and mass merchandise retailers use its promotion platform to engage consumers at the moments when they are choosing which products they will buy and where they will shop. It delivers digital coupons to consumers including coupons and coupon codes and display advertising through its platform that includes its Web mobile and social channels. It also delivers coupons to CPGs retailers and its network of various third-party Websites or publishers that displays its coupon and advertising offerings on their Websites. Through its Campaign iQ product CPGs tracks and analyzes activations redemption rates and volumes distribution methods buying rates aggregated buyer demographics and campaign effectiveness statistics.

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