QuinStreet Inc (QNST) Director James R. Simons Sells 4,597 Shares

QuinStreet Inc (NASDAQ:QNST) Director James R. Simons sold 4,597 shares of the business’s stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $15.46, for a total transaction of $71,069.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Monday, August 27th, James R. Simons sold 605,267 shares of QuinStreet stock. The shares were sold at an average price of $15.84, for a total transaction of $9,587,429.28.
  • On Tuesday, August 21st, James R. Simons sold 83,975 shares of QuinStreet stock. The shares were sold at an average price of $13.98, for a total transaction of $1,173,970.50.
  • On Wednesday, August 15th, James R. Simons sold 1,200 shares of QuinStreet stock. The shares were sold at an average price of $13.93, for a total transaction of $16,716.00.
  • On Friday, August 17th, James R. Simons sold 249,860 shares of QuinStreet stock. The shares were sold at an average price of $13.68, for a total transaction of $3,418,084.80.
  • On Monday, August 6th, James R. Simons sold 6 shares of QuinStreet stock. The shares were sold at an average price of $15.00, for a total transaction of $90.00.
  • On Monday, July 16th, James R. Simons sold 957 shares of QuinStreet stock. The shares were sold at an average price of $14.10, for a total transaction of $13,493.70.
  • On Wednesday, July 18th, James R. Simons sold 230,238 shares of QuinStreet stock. The shares were sold at an average price of $14.09, for a total transaction of $3,244,053.42.
  • On Monday, July 9th, James R. Simons sold 49 shares of QuinStreet stock. The shares were sold at an average price of $15.00, for a total transaction of $735.00.
  • On Friday, July 6th, James R. Simons sold 1,102 shares of QuinStreet stock. The shares were sold at an average price of $15.00, for a total transaction of $16,530.00.
  • On Friday, June 15th, James R. Simons sold 2,018 shares of QuinStreet stock. The shares were sold at an average price of $13.21, for a total transaction of $26,657.78.

Shares of NASDAQ QNST traded down $0.16 on Monday, reaching $15.86. 606,500 shares of the company traded hands, compared to its average volume of 689,273. QuinStreet Inc has a fifty-two week low of $4.95 and a fifty-two week high of $16.42. The company has a market cap of $755.09 million, a P/E ratio of 50.56, a P/E/G ratio of 1.19 and a beta of 0.98.

QuinStreet (NASDAQ:QNST) last posted its quarterly earnings data on Tuesday, August 7th. The technology company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.06. QuinStreet had a net margin of 3.94% and a return on equity of 12.72%. The company had revenue of $111.50 million during the quarter, compared to the consensus estimate of $100.62 million. During the same quarter in the prior year, the company posted $0.06 EPS. The company’s quarterly revenue was up 36.8% compared to the same quarter last year. analysts expect that QuinStreet Inc will post 0.54 EPS for the current fiscal year.

Several research analysts recently weighed in on QNST shares. BidaskClub downgraded shares of QuinStreet from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 24th. Stephens reaffirmed a “buy” rating and set a $16.00 price objective on shares of QuinStreet in a research note on Tuesday, August 7th. Singular Research began coverage on shares of QuinStreet in a research note on Friday, July 6th. They set a “long” rating and a $16.75 price objective for the company. TheStreet downgraded shares of QuinStreet from a “b” rating to a “c+” rating in a research note on Tuesday, May 1st. Finally, Zacks Investment Research downgraded shares of QuinStreet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $17.29.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada increased its position in QuinStreet by 717.4% during the 1st quarter. Royal Bank of Canada now owns 17,714 shares of the technology company’s stock worth $226,000 after purchasing an additional 15,547 shares in the last quarter. KBC Group NV increased its position in QuinStreet by 86.0% during the 2nd quarter. KBC Group NV now owns 94,445 shares of the technology company’s stock worth $1,199,000 after purchasing an additional 43,681 shares in the last quarter. Rutabaga Capital Management LLC MA increased its position in QuinStreet by 3.8% during the 2nd quarter. Rutabaga Capital Management LLC MA now owns 297,640 shares of the technology company’s stock worth $3,780,000 after purchasing an additional 10,900 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in QuinStreet during the 1st quarter worth approximately $2,573,000. Finally, Legal & General Group Plc increased its position in QuinStreet by 9.0% during the 1st quarter. Legal & General Group Plc now owns 67,806 shares of the technology company’s stock worth $863,000 after purchasing an additional 5,618 shares in the last quarter. 80.89% of the stock is owned by institutional investors.

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.

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

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