QuinStreet Inc (NASDAQ:QNST) CEO Douglas Valenti sold 4,663 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $14.59, for a total transaction of $68,033.17. Following the completion of the sale, the chief executive officer now directly owns 319,053 shares in the company, valued at $4,654,983.27. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Douglas Valenti also recently made the following trade(s):

  • On Friday, January 10th, Douglas Valenti sold 2,404 shares of QuinStreet stock. The shares were sold at an average price of $14.49, for a total transaction of $34,833.96.
  • On Wednesday, January 8th, Douglas Valenti sold 5,600 shares of QuinStreet stock. The shares were sold at an average price of $14.89, for a total transaction of $83,384.00.
  • On Monday, January 6th, Douglas Valenti sold 7,400 shares of QuinStreet stock. The shares were sold at an average price of $15.19, for a total transaction of $112,406.00.
  • On Thursday, January 2nd, Douglas Valenti sold 7,200 shares of QuinStreet stock. The shares were sold at an average price of $15.13, for a total transaction of $108,936.00.
  • On Monday, December 23rd, Douglas Valenti sold 24,992 shares of QuinStreet stock. The shares were sold at an average price of $15.51, for a total transaction of $387,625.92.
  • On Thursday, December 19th, Douglas Valenti sold 37,788 shares of QuinStreet stock. The shares were sold at an average price of $15.51, for a total transaction of $586,091.88.
  • On Wednesday, December 11th, Douglas Valenti sold 21,166 shares of QuinStreet stock. The shares were sold at an average price of $15.60, for a total transaction of $330,189.60.

QNST traded down $0.10 on Tuesday, reaching $14.52. The company had a trading volume of 501,450 shares, compared to its average volume of 383,701. QuinStreet Inc has a fifty-two week low of $10.15 and a fifty-two week high of $20.02. The stock has a market cap of $740.72 million, a P/E ratio of 12.31, a P/E/G ratio of 1.65 and a beta of 0.81. The company’s fifty day moving average is $15.40 and its 200 day moving average is $14.08. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.73 and a current ratio of 1.73.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings results on Thursday, November 7th. The technology company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.05). QuinStreet had a net margin of 12.44% and a return on equity of 4.07%. The company had revenue of $126.61 million during the quarter, compared to analyst estimates of $121.65 million. On average, sell-side analysts expect that QuinStreet Inc will post 0.35 EPS for the current year.

Several large investors have recently made changes to their positions in QNST. Chicago Capital LLC acquired a new position in shares of QuinStreet during the 3rd quarter worth approximately $22,111,000. Bank of America Corp DE grew its position in shares of QuinStreet by 57.2% during the 2nd quarter. Bank of America Corp DE now owns 2,642,499 shares of the technology company’s stock worth $41,883,000 after purchasing an additional 961,915 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of QuinStreet by 44.3% during the 2nd quarter. Victory Capital Management Inc. now owns 2,257,664 shares of the technology company’s stock worth $35,784,000 after purchasing an additional 693,104 shares in the last quarter. Prospect Capital Advisors LLC acquired a new position in shares of QuinStreet during the 2nd quarter worth approximately $5,778,000. Finally, BlackRock Inc. grew its position in shares of QuinStreet by 4.5% during the 2nd quarter. BlackRock Inc. now owns 6,740,054 shares of the technology company’s stock worth $106,829,000 after purchasing an additional 290,290 shares in the last quarter. Hedge funds and other institutional investors own 96.72% of the company’s stock.

A number of research analysts recently commented on the stock. BidaskClub lowered shares of QuinStreet from a “hold” rating to a “sell” rating in a research note on Saturday. Zacks Investment Research upgraded shares of QuinStreet from a “sell” rating to a “hold” rating in a research note on Wednesday, January 8th. Finally, ValuEngine lowered shares of QuinStreet from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $18.50.

About QuinStreet

QuinStreet, Inc, an Internet performance marketing company, provides customer acquisition services for its clients in the United States and internationally. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers.

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Insider Buying and Selling by Quarter for QuinStreet (NASDAQ:QNST)

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