QuinStreet, Inc. $QNST Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in shares of QuinStreet, Inc. (NASDAQ:QNST) by 885.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,221 shares of the technology company’s stock after acquiring an additional 6,488 shares during the quarter. Farther Finance Advisors LLC’s holdings in QuinStreet were worth $116,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in QNST. Illinois Municipal Retirement Fund lifted its holdings in shares of QuinStreet by 4.1% during the 1st 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 in the last quarter. SG Americas Securities LLC lifted its stake in shares of QuinStreet by 26.2% in the 1st quarter. SG Americas Securities LLC now owns 32,889 shares of the technology company’s stock worth $587,000 after acquiring an additional 6,829 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of QuinStreet by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 31,872 shares of the technology company’s stock worth $574,000 after acquiring an additional 10,786 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of QuinStreet in the 1st quarter worth approximately $250,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in QuinStreet during the first quarter valued at approximately $325,000. Institutional investors and hedge funds own 97.83% of the company’s stock.

QuinStreet Stock Down 0.7%

QuinStreet stock opened at $15.27 on Friday. The stock has a market capitalization of $877.20 million, a PE ratio of 169.67 and a beta of 0.77. QuinStreet, Inc. has a twelve month low of $14.27 and a twelve month high of $26.27. The company has a 50 day moving average of $15.82 and a 200-day moving average of $16.08.

QuinStreet (NASDAQ:QNST) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). The company had revenue of $262.05 million during the quarter, compared to analyst estimates of $255.84 million. QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. 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.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Lake Street Capital cut 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. B. Riley dropped their price target 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. Barrington Research reiterated an “outperform” rating and issued a $29.00 target price on shares of QuinStreet in a research note on Friday, August 8th. Wall Street Zen raised shares of QuinStreet from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of QuinStreet in a report on Saturday, September 27th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, QuinStreet presently has an average rating of “Moderate Buy” and a consensus price target 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.