Swiss National Bank lowered its position in shares of QuinStreet, Inc. (NASDAQ:QNST – Free Report) by 1.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,600 shares of the technology company’s stock after selling 1,300 shares during the quarter. Swiss National Bank owned 0.18% of QuinStreet worth $1,848,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the company. Illinois Municipal Retirement Fund raised its holdings in shares of QuinStreet by 4.1% during the first quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company’s stock valued at $566,000 after acquiring an additional 1,247 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of QuinStreet by 6.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,602 shares of the technology company’s stock valued at $706,000 after acquiring an additional 1,731 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of QuinStreet by 11.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,881 shares of the technology company’s stock valued at $337,000 after acquiring an additional 1,966 shares during the period. Centiva Capital LP raised its holdings in shares of QuinStreet by 18.7% during the fourth quarter. Centiva Capital LP now owns 15,131 shares of the technology company’s stock valued at $349,000 after acquiring an additional 2,380 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in shares of QuinStreet by 12.1% during the first quarter. Teacher Retirement System of Texas now owns 22,622 shares of the technology company’s stock valued at $404,000 after acquiring an additional 2,449 shares during the period. Institutional investors and hedge funds own 97.83% of the company’s stock.
Wall Street Analysts Forecast Growth
QNST has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of QuinStreet from a “buy” rating to a “hold” rating in a report on Friday. Barrington Research reiterated an “outperform” rating and issued a $29.00 price objective on shares of QuinStreet in a research note on Friday, August 8th. Stephens reiterated an “overweight” rating and issued a $31.00 price objective on shares of QuinStreet in a research note on Thursday, May 8th. B. Riley dropped their price objective on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Finally, Lake Street Capital dropped their price objective on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.00.
QuinStreet Stock Performance
QuinStreet stock opened at $15.57 on Friday. The firm’s 50 day moving average price is $15.72 and its two-hundred day moving average price is $16.95. QuinStreet, Inc. has a twelve month low of $14.27 and a twelve month high of $26.27. The firm has a market cap of $879.24 million, a PE ratio of 173.00 and a beta of 0.71.
QuinStreet (NASDAQ:QNST – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01). QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The business had revenue of $262.05 million for the quarter, compared to analyst estimates of $255.84 million. During the same quarter last year, the company earned $0.11 EPS. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts anticipate that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.
QuinStreet Profile
QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.
Featured Stories
- Five stocks we like better than QuinStreet
- What Are Dividend Challengers?
- Equal Weight ETFs: Hidden Upside in Today’s Market
- With Risk Tolerance, One Size Does Not Fit All
- Zillow Group Approaching Key Technical Levels: Is It Time to Buy?
- What is a Stock Market Index and How Do You Use Them?
- For True Diversification: 3 Stocks You Can Buy Now
Receive News & Ratings for QuinStreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuinStreet and related companies with MarketBeat.com's FREE daily email newsletter.