Quotient Technology Inc (QUOT) : Mizuho Securities Usa added new position in Quotient Technology Inc during the most recent quarter end. The investment management firm now holds 34,500 shares of Quotient Technology Inc which is valued at $373,980 , the company said in a statement filed on Apr 21, 2016 with the SEC.Quotient Technology Inc makes up approximately 0.09% of Mizuho Securities Usa’s portfolio.
Other Hedge Funds, Including , Simplex Trading sold out all of its stake in QUOT during the most recent quarter. The investment firm sold 1,333 shares of QUOT which is valued $13,863.Grassi Investment Management boosted its stake in QUOT in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 5,615,950 shares of Quotient Technology Inc which is valued at $58,405,880. Quotient Technology Inc makes up approx 11.44% of Grassi Investment Management’s portfolio.
On the company’s financial health, Quotient Technology Inc reported $-0.04 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 11, 2016. Analyst had a consensus of $-0.03. The company had revenue of $69.40 million for the quarter, compared to analysts expectations of $59.79 million. The company’s revenue was up 15.7% compared to the same quarter last year.
Many Wall Street Analysts have commented on Quotient Technology Inc. Company shares were Reiterated by Wedbush on Apr 25, 2016 to “Outperform”, Firm has raised the Price Target to $ 15 from a previous price target of $10 .Topeka Capital Markets Initiated Quotient Technology Inc on Mar 24, 2016 to “Hold”, Price Target of the shares are set at $10.Wedbush Initiated Quotient Technology Inc on Feb 23, 2016 to “Outperform”, Price Target of the shares are set at $10.
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.