Quotient Technology Inc (QUOT) : Foxhaven Asset Management Lp has sold out all of its stake in Quotient Technology Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 733,714 shares of Quotient Technology Inc which is valued at $10,081,230.
Other Hedge Funds, Including , Jane Street Group added QUOT to its portfolio by purchasing 10,834 company shares during the most recent quarter which is valued at $148,859.Geode Capital Management reduced its stake in QUOT by selling 9,084 shares or 1.96% in the most recent quarter. The Hedge Fund company now holds 454,024 shares of QUOT which is valued at $6,238,290. Jefferies Group sold out all of its stake in QUOT during the most recent quarter. The investment firm sold 25,440 shares of QUOT which is valued $349,546. Palisade Capital Managementnj added QUOT to its portfolio by purchasing 61,500 company shares during the most recent quarter which is valued at $1,622,370. Quotient Technology Inc makes up approx 0.07% of Palisade Capital Managementnj’s portfolio.Mizuho Securities Usa reduced its stake in QUOT by selling 10,600 shares or 30.72% in the most recent quarter. The Hedge Fund company now holds 23,900 shares of QUOT which is valued at $311,656. Quotient Technology Inc makes up approx 0.06% of Mizuho Securities Usa’s portfolio.
On the company’s financial health, Quotient Technology Inc reported $-0.04 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 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. 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 was Initiated by Maxim Group to “Hold” on Jun 16, 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.