292,396 Shares in QuinStreet, Inc. $QNST Acquired by Nuveen LLC

Key Points

• Nuveen LLC acquired 292,396 shares of QuinStreet, Inc., valued at approximately $5.2 million, which accounts for about 0.52% of the company's stock.
• QuinStreet's stock has seen fluctuations with a one-year low of $14.27 and a high of $26.27, and currently has a market capitalization of $905 million.
• Analysts have mixed ratings on QuinStreet, with target prices ranging from $18.00 to $31.00, indicating varying levels of confidence in the stock's performance.

Nuveen LLC acquired a new position in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 292,396 shares of the technology company's stock, valued at approximately $5,216,000. Nuveen LLC owned 0.52% of QuinStreet as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC lifted its holdings in QuinStreet by 326.7% during the 1st quarter. CWM LLC now owns 6,144 shares of the technology company's stock worth $110,000 after purchasing an additional 4,704 shares during the last quarter. Aquatic Capital Management LLC bought a new position in QuinStreet during the 4th quarter worth $213,000. Kapitalo Investimentos Ltda acquired a new stake in shares of QuinStreet during the first quarter worth $184,000. Signaturefd LLC lifted its holdings in shares of QuinStreet by 81,292.9% during the first quarter. Signaturefd LLC now owns 11,395 shares of the technology company's stock worth $203,000 after buying an additional 11,381 shares in the last quarter. Finally, Corton Capital Inc. bought a new stake in shares of QuinStreet in the fourth quarter valued at about $292,000. Institutional investors and hedge funds own 97.83% of the company's stock.

QuinStreet Price Performance

QNST traded up $0.10 during trading on Monday, hitting $15.68. 1,058,399 shares of the stock traded hands, compared to its average volume of 634,091. The business has a 50 day moving average price of $15.77 and a 200 day moving average price of $16.58. QuinStreet, Inc. has a twelve month low of $14.27 and a twelve month high of $26.27. The company has a market cap of $904.42 million, a price-to-earnings ratio of 174.22 and a beta of 0.68.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.01). QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The business had revenue of $262.05 million during the quarter, compared to the consensus estimate of $255.84 million. During the same quarter in the previous year, the business posted $0.11 EPS. The company'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. On average, equities research analysts predict that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

Analysts Set New Price Targets

QNST has been the topic of a number of recent research reports. Lake Street Capital lowered their price target on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research report on Friday, August 8th. Wall Street Zen lowered shares of QuinStreet from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Barrington Research reaffirmed an "outperform" rating and set a $29.00 target price on shares of QuinStreet in a report on Friday, August 8th. Stephens reiterated an "overweight" rating and issued a $31.00 price target on shares of QuinStreet in a research report on Thursday, May 8th. Finally, B. Riley cut their price target on QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $27.00.

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.