QuinStreet Inc (QNST) Director Sells $2,513,114.92 in Stock

QuinStreet Inc (NASDAQ:QNST) Director James R. Simons sold 229,718 shares of the company’s stock in a transaction dated Tuesday, April 17th. The stock was sold at an average price of $10.94, for a total transaction of $2,513,114.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

James R. Simons also recently made the following trade(s):

  • On Friday, March 16th, James R. Simons sold 229,717 shares of QuinStreet stock. The stock was sold at an average price of $13.67, for a total transaction of $3,140,231.39.
  • On Thursday, January 18th, James R. Simons sold 229,627 shares of QuinStreet stock. The stock was sold at an average price of $9.00, for a total transaction of $2,066,643.00.

Shares of QNST stock opened at $11.45 on Thursday. QuinStreet Inc has a 52-week low of $3.36 and a 52-week high of $14.65. The stock has a market capitalization of $513.66, a price-to-earnings ratio of 74.07, a PEG ratio of 2.47 and a beta of 0.91.

QuinStreet (NASDAQ:QNST) last issued its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.06. QuinStreet had a net margin of 0.78% and a return on equity of 5.77%. The business had revenue of $87.49 million during the quarter, compared to the consensus estimate of $75.18 million. During the same period in the prior year, the firm posted ($0.04) EPS. The firm’s quarterly revenue was up 33.3% compared to the same quarter last year. equities analysts predict that QuinStreet Inc will post 0.18 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC grew its position in QuinStreet by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 313,652 shares of the technology company’s stock worth $2,627,000 after purchasing an additional 6,779 shares in the last quarter. Teachers Advisors LLC grew its position in QuinStreet by 16.6% in the 4th quarter. Teachers Advisors LLC now owns 69,383 shares of the technology company’s stock worth $581,000 after purchasing an additional 9,891 shares in the last quarter. Rhumbline Advisers grew its position in QuinStreet by 13.9% in the 4th quarter. Rhumbline Advisers now owns 83,538 shares of the technology company’s stock worth $700,000 after purchasing an additional 10,226 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in QuinStreet by 17.5% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 70,517 shares of the technology company’s stock worth $591,000 after purchasing an additional 10,517 shares in the last quarter. Finally, LS Investment Advisors LLC grew its position in shares of QuinStreet by 1,230.5% during the 4th quarter. LS Investment Advisors LLC now owns 14,556 shares of the technology company’s stock valued at $122,000 after acquiring an additional 13,462 shares during the period. 67.34% of the stock is owned by institutional investors and hedge funds.

QNST has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of QuinStreet from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a report on Friday, February 9th. BidaskClub lowered shares of QuinStreet from a “strong-buy” rating to a “buy” rating in a report on Friday, March 30th. Barrington Research restated a “buy” rating and issued a $15.00 target price on shares of QuinStreet in a report on Tuesday, March 20th. Stephens restated a “buy” rating and issued a $11.50 target price on shares of QuinStreet in a report on Thursday, February 1st. Finally, ValuEngine raised shares of QuinStreet from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. QuinStreet has an average rating of “Buy” and an average price target of $13.17.

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QuinStreet Company Profile

QuinStreet, Inc, an Internet performance marketing and media 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.

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

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