Quotient Technology Inc. (NYSE:QUOT) enjoyed a 18.61% run-up in share price since hitting record low of $8.92. The stock managed 2.82% rise and now stands at $10.58 as of 5/24/2019. At a recent session, the prices were hovering between $10.32 and $10.64. This company shares are 48.49% off its target price of $15.71 and the current market capitalization stands at $963.73M. The recent change has given its price a 7.82% lead over SMA 50 and -33.77% deficit over its 52-week high. The stock witnessed 12.91% gains, 5.48% gains and -11.39% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found QUOT’s volatility during a week at 2.52% and during a month it has been found around 3.1%.Quotient Technology Inc. (QUOT) Top Holders
Institutional investors currently hold around $702 million or 73.5% in QUOT stock. Look at its top three institutional owners: Miller Value Partners, Llc owns $75.61 million in Quotient Technology Inc., which represents roughly 7.85% of the company’s market cap and approximately 10.77% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 7,044,451 shares of the stock are valued at $74.53 million. The third largest holder is Senvest Management, Llc, which currently holds $71.34 million worth of this stock and that ownership represents nearly 7.4% of its market capitalization.
At the end of March reporting period, 65 institutional holders increased their position in Quotient Technology Inc. (NYSE:QUOT) by some 6,261,798 shares, 59 decreased positions by 12,149,046 and 18 held positions by 47,940,717. That puts total institutional holdings at 66,351,561 shares, according to SEC filings. The stock grabbed 19 new institutional investments totaling 1,002,358 shares while 26 institutional investors sold out their entire positions totaling 4,456,608 shares.Quotient Technology Inc. (NYSE:QUOT) Insider Trades
Multiple company employees have indulged in significant insider trading. Quotient Technology Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director GESSOW ANDREW J has acquired 10,000 shares of Quotient Technology Inc. (QUOT) in the trading session dated May. 20, 2019. These shares are worth $105,000 and were traded at $10.5 each. The SEC filing shows that Chen Connie L performed a sale of 1,250 shares. The GC, Sec. and Comp. Officer disposed these shares by way of transaction on May. 16, 2019. The company’s shares were given away at $10.45 per share worth to an income of some $13,063 to the account of Chen Connie L.
CFO & Treasurer, FIOR RONALD J, sold 15,000 common shares of Quotient Technology Inc. (QUOT) in the open market. In a transaction dated May. 15, 2019, the shares were put up for sale at an average price of $10.25, raking in a sum of $153,750. After this sale, 309,563 common shares of QUOT are directly owned by the insider, with total stake valued at $3,275,177.
In the transaction dated May. 02, 2019, a great number of shares sold came courtesy the COO; Summe Chad disposed a total of 1,413 shares at an average price of $9.23, amounting to approximately $13,042. The insider now directly owns 187,844 shares worth $1,987,390.
Several analysts have released their opinion on Quotient Technology Inc. (NYSE:QUOT), with 4 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.62 average brokerage recommendation [T1].