Shares of Quotient Technology Inc (NYSE:QUOT) have received an average rating of “Hold” from the eleven analysts that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $18.14.

Several research firms have issued reports on QUOT. ValuEngine downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. BidaskClub downgraded shares of Quotient Technology from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. Finally, Zacks Investment Research downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th.

Quotient Technology (QUOT) opened at $10.70 on Tuesday. Quotient Technology has a 52-week low of $9.10 and a 52-week high of $17.85. The company has a market cap of $974.24, a P/E ratio of -62.94, a P/E/G ratio of 4.58 and a beta of -0.12.

In other news, Director Andrew J. Gessow bought 5,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was acquired at an average cost of $12.25 per share, for a total transaction of $61,250.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 11.46% of the stock is owned by insiders.

Several hedge funds have recently made changes to their positions in QUOT. Schwab Charles Investment Management Inc. boosted its stake in shares of Quotient Technology by 8.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 319,259 shares of the technology company’s stock valued at $3,672,000 after purchasing an additional 23,522 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Quotient Technology by 15.3% in the second quarter. Principal Financial Group Inc. now owns 14,274 shares of the technology company’s stock valued at $164,000 after purchasing an additional 1,889 shares during the period. TIAA CREF Investment Management LLC boosted its stake in shares of Quotient Technology by 18.9% in the second quarter. TIAA CREF Investment Management LLC now owns 328,709 shares of the technology company’s stock valued at $3,780,000 after purchasing an additional 52,332 shares during the period. Nationwide Fund Advisors boosted its stake in shares of Quotient Technology by 4.2% in the second quarter. Nationwide Fund Advisors now owns 78,944 shares of the technology company’s stock valued at $908,000 after purchasing an additional 3,183 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in shares of Quotient Technology by 5.8% in the second quarter. New York State Common Retirement Fund now owns 200,459 shares of the technology company’s stock valued at $2,305,000 after purchasing an additional 10,999 shares during the period. Institutional investors and hedge funds own 72.12% of the company’s stock.

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About Quotient Technology

Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.

Analyst Recommendations for Quotient Technology (NYSE:QUOT)

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