AlphaQuest LLC Acquires 28,949 Shares of QuinStreet, Inc. $QNST

AlphaQuest LLC increased its holdings in QuinStreet, Inc. (NASDAQ:QNST) by 6,018.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,430 shares of the technology company’s stock after buying an additional 28,949 shares during the period. AlphaQuest LLC’s holdings in QuinStreet were worth $474,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in QuinStreet by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 4,027,512 shares of the technology company’s stock worth $71,851,000 after buying an additional 25,482 shares during the period. Driehaus Capital Management LLC boosted its holdings in QuinStreet by 13.6% in the 1st quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company’s stock worth $56,475,000 after buying an additional 377,954 shares during the period. American Century Companies Inc. boosted its holdings in QuinStreet by 0.9% in the 1st quarter. American Century Companies Inc. now owns 2,248,579 shares of the technology company’s stock worth $40,115,000 after buying an additional 20,011 shares during the period. Millennium Management LLC boosted its holdings in QuinStreet by 213.3% in the 1st quarter. Millennium Management LLC now owns 714,482 shares of the technology company’s stock worth $12,746,000 after buying an additional 486,406 shares during the period. Finally, Northern Trust Corp boosted its holdings in QuinStreet by 2.8% in the 1st quarter. Northern Trust Corp now owns 670,742 shares of the technology company’s stock worth $11,966,000 after buying an additional 18,092 shares during the period. 97.83% of the stock is owned by institutional investors.

QuinStreet Trading Down 3.6%

QNST stock opened at $14.26 on Wednesday. The company’s 50 day moving average is $15.45 and its 200 day moving average is $15.76. The stock has a market cap of $819.24 million, a price-to-earnings ratio of 158.44 and a beta of 0.77. QuinStreet, Inc. has a 1-year low of $13.56 and a 1-year high of $26.27.

QuinStreet (NASDAQ:QNST) last posted its quarterly earnings data 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). QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The company had revenue of $262.05 million during the quarter, compared to the consensus estimate of $255.84 million. During the same quarter last year, the company posted $0.11 earnings per share. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts forecast that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on QNST. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of QuinStreet in a report on Wednesday, October 8th. Lake Street Capital cut their price objective on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating for the company in a report 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. B. Riley cut their price target on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating for the company in a report on Friday, August 8th. Finally, Barrington Research set a $24.00 price target on shares of QuinStreet in a report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

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.