Quotient Technology Inc (QUOT) : Grassi Investment Management scooped up 6,300 additional shares in Quotient Technology Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 5,622,250 shares of Quotient Technology Inc which is valued at $66,623,663.Quotient Technology Inc makes up approximately 12.84% of Grassi Investment Management’s portfolio.
Other Hedge Funds, Including , Legal General Group Plc reduced its stake in QUOT by selling 437 shares or 4.63% in the most recent quarter. The Hedge Fund company now holds 8,999 shares of QUOT which is valued at $106,638.Cutler Group Lp reduced its stake in QUOT by selling 7,901 shares or 97.92% in the most recent quarter. The Hedge Fund company now holds 168 shares of QUOT which is valued at $2,050.Bnp Paribas Arbitrage Sa boosted its stake in QUOT in the latest quarter, The investment management firm added 2,861 additional shares and now holds a total of 5,383 shares of Quotient Technology Inc which is valued at $67,449.
On the company’s financial health, Quotient Technology Inc reported $-0.04 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus of $-0.01. The company had revenue of $67.20 million for the quarter, compared to analysts expectations of $63.52 million. The company’s revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.11 EPS.
Many Wall Street Analysts have commented on Quotient Technology Inc. Dougherty & Company Upgraded Quotient Technology Inc on Sep 14, 2016 to ” Buy”, Price Target of the shares are set at $16.Loop Capital Initiated Quotient Technology Inc on Aug 11, 2016 to “Buy”, Price Target of the shares are set at $16.Company shares were Reiterated by Wedbush on Aug 3, 2016 to “Outperform”, Firm has raised the Price Target to $ 16 from a previous price target of $15 .
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.