Dynamic Technology Lab Private Ltd Takes $325,000 Position in QuinStreet, Inc. $QNST

Key Points

• Dynamic Technology Lab Private Ltd has made a new investment of approximately $325,000 in QuinStreet, acquiring 18,225 shares in the first quarter.
• A number of institutional investors have increased their stakes in QuinStreet, with institutional ownership now at 97.83%.
• Analysts have mixed opinions on QuinStreet, with a consensus rating of "Moderate Buy" and an average price target of $27.00.

Dynamic Technology Lab Private Ltd bought a new position in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,225 shares of the technology company's stock, valued at approximately $325,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Lord Abbett & CO. LLC acquired a new position in QuinStreet in the 1st quarter valued at about $9,152,000. Millennium Management LLC boosted its stake in shares of QuinStreet by 213.3% in the first quarter. Millennium Management LLC now owns 714,482 shares of the technology company's stock valued at $12,746,000 after purchasing an additional 486,406 shares during the period. Driehaus Capital Management LLC boosted its stake in shares of QuinStreet by 13.6% in the first quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company's stock valued at $56,475,000 after purchasing an additional 377,954 shares during the period. Nuveen LLC acquired a new position in shares of QuinStreet in the first quarter valued at approximately $5,216,000. Finally, Trexquant Investment LP increased its stake in QuinStreet by 490.4% during the 1st quarter. Trexquant Investment LP now owns 215,332 shares of the technology company's stock worth $3,842,000 after buying an additional 178,862 shares during the period. 97.83% of the stock is owned by hedge funds and other institutional investors.

QuinStreet Trading Up 3.7%

Shares of NASDAQ:QNST traded up $0.61 during midday trading on Thursday, hitting $17.03. The stock had a trading volume of 473,848 shares, compared to its average volume of 511,321. QuinStreet, Inc. has a 1 year low of $14.27 and a 1 year high of $26.27. The stock has a 50 day moving average price of $15.78 and a two-hundred day moving average price of $16.23. The company has a market capitalization of $982.22 million, a PE ratio of 189.22 and a beta of 0.68.

QuinStreet (NASDAQ:QNST - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $255.84 million. During the same quarter last year, the firm earned $0.11 earnings per share. The firm's quarterly revenue was up 32.1% compared to the same quarter last year. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts expect that QuinStreet, Inc. will post 0.12 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Lake Street Capital decreased their price target on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research report on Friday, August 8th. B. Riley reduced their price objective on QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Wall Street Zen lowered QuinStreet from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Finally, Barrington Research restated an "outperform" rating and set a $29.00 price target on shares of QuinStreet in a report on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, QuinStreet presently has an average rating of "Moderate Buy" and an average target price of $27.00.

About QuinStreet

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.