Harbor Capital Advisors Inc. Buys 1,189 Shares of QuinStreet, Inc. $QNST

Harbor Capital Advisors Inc. increased its holdings in shares of QuinStreet, Inc. (NASDAQ:QNST) by 8.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,184 shares of the technology company’s stock after acquiring an additional 1,189 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in QuinStreet were worth $244,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Illinois Municipal Retirement Fund increased its position in QuinStreet by 4.1% during the first quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company’s stock worth $566,000 after acquiring an additional 1,247 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in QuinStreet by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company’s stock worth $571,000 after buying an additional 1,381 shares in the last quarter. Summit Securities Group LLC acquired a new stake in QuinStreet during the first quarter worth about $25,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in QuinStreet by 11.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,881 shares of the technology company’s stock worth $337,000 after buying an additional 1,966 shares in the last quarter. Finally, SVB Wealth LLC grew its stake in QuinStreet by 1.3% during the first quarter. SVB Wealth LLC now owns 154,041 shares of the technology company’s stock worth $2,748,000 after buying an additional 1,970 shares in the last quarter. 97.83% of the stock is owned by institutional investors.

QuinStreet Stock Down 2.0%

NASDAQ:QNST opened at $16.69 on Friday. The company has a fifty day moving average of $15.81 and a 200-day moving average of $16.22. The firm has a market capitalization of $958.84 million, a P/E ratio of 185.44 and a beta of 0.68. QuinStreet, Inc. has a twelve month low of $14.27 and a twelve month high of $26.27.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The business had revenue of $262.05 million for the quarter, compared to the consensus estimate of $255.84 million. QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.11 EPS. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts anticipate that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on QNST shares. Barrington Research reiterated an “outperform” rating and set a $29.00 price objective on shares of QuinStreet in a research note on Friday, August 8th. Lake Street Capital decreased their price target on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating on the stock in a report on Friday, August 8th. Wall Street Zen lowered shares of QuinStreet from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Finally, B. Riley decreased their price target on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, QuinStreet has an average rating of “Moderate Buy” and an average target price of $27.00.

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.