QuinStreet, Inc. (NASDAQ:QNST – Free Report) – B. Riley raised their FY2026 EPS estimates for QuinStreet in a report released on Thursday, April 10th. B. Riley analyst Z. Cummins now forecasts that the technology company will post earnings of $0.75 per share for the year, up from their previous forecast of $0.73. B. Riley currently has a “Buy” rating and a $34.00 target price on the stock. The consensus estimate for QuinStreet’s current full-year earnings is $0.12 per share.
QuinStreet (NASDAQ:QNST – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.21). QuinStreet had a negative return on equity of 4.13% and a negative net margin of 1.31%.
Read Our Latest Analysis on QuinStreet
QuinStreet Trading Up 2.2 %
NASDAQ QNST opened at $15.62 on Monday. The business has a fifty day simple moving average of $18.70 and a 200 day simple moving average of $20.60. QuinStreet has a 12 month low of $14.39 and a 12 month high of $26.27. The firm has a market capitalization of $882.05 million, a P/E ratio of -71.00 and a beta of 0.91.
Insider Buying and Selling
In other news, CEO Douglas Valenti sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $25.02, for a total transaction of $250,200.00. Following the completion of the sale, the chief executive officer now owns 1,836,754 shares in the company, valued at $45,955,585.08. This trade represents a 0.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Gregory Wong sold 8,516 shares of QuinStreet stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $22.88, for a total transaction of $194,846.08. Following the completion of the sale, the chief financial officer now directly owns 337,031 shares in the company, valued at $7,711,269.28. This trade represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Driehaus Capital Management LLC lifted its holdings in QuinStreet by 28.4% during the fourth quarter. Driehaus Capital Management LLC now owns 2,787,695 shares of the technology company’s stock valued at $64,312,000 after purchasing an additional 617,216 shares during the last quarter. Invesco Ltd. raised its position in shares of QuinStreet by 177.8% in the fourth quarter. Invesco Ltd. now owns 946,108 shares of the technology company’s stock valued at $21,827,000 after purchasing an additional 605,500 shares during the period. G2 Investment Partners Management LLC purchased a new stake in shares of QuinStreet during the 4th quarter valued at approximately $7,203,000. BNP Paribas Financial Markets boosted its holdings in QuinStreet by 537.4% in the 4th quarter. BNP Paribas Financial Markets now owns 332,763 shares of the technology company’s stock worth $7,677,000 after buying an additional 280,554 shares during the period. Finally, Oberweis Asset Management Inc. purchased a new position in QuinStreet in the 4th quarter valued at approximately $5,191,000. Institutional investors own 97.83% of the company’s stock.
QuinStreet Company 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.
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