Graham Capital Management L.P. Raises Stock Holdings in QuinStreet, Inc. $QNST

Key Points

• Graham Capital Management L.P. significantly increased its holdings in QuinStreet, Inc. by 129.3% in Q1, owning 34,893 shares worth $622,000.
• Several other institutional investors also raised their stakes in QuinStreet, with notable increases including BNP Paribas Financial Markets at 537.4% during the last quarter.
• Despite a revenue increase of 32.1% year-over-year, QuinStreet missed earnings expectations with a reported EPS of $0.25, slightly below the consensus estimate of $0.26.

Graham Capital Management L.P. increased its holdings in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 129.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,893 shares of the technology company's stock after acquiring an additional 19,679 shares during the period. Graham Capital Management L.P. owned approximately 0.06% of QuinStreet worth $622,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD grew its stake in shares of QuinStreet by 24.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 21,376 shares of the technology company's stock worth $494,000 after acquiring an additional 4,137 shares during the last quarter. Northern Trust Corp boosted its stake in QuinStreet by 15.4% in the 4th quarter. Northern Trust Corp now owns 652,650 shares of the technology company's stock worth $15,057,000 after purchasing an additional 86,970 shares in the last quarter. Schonfeld Strategic Advisors LLC grew its position in QuinStreet by 130.6% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 39,900 shares of the technology company's stock valued at $920,000 after purchasing an additional 22,600 shares during the last quarter. BNP Paribas Financial Markets grew its position in QuinStreet by 537.4% during the 4th quarter. BNP Paribas Financial Markets now owns 332,763 shares of the technology company's stock valued at $7,677,000 after purchasing an additional 280,554 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in QuinStreet by 25.3% during the 4th quarter. Bank of America Corp DE now owns 124,308 shares of the technology company's stock valued at $2,868,000 after purchasing an additional 25,101 shares in the last quarter. Hedge funds and other institutional investors own 97.83% of the company's stock.

QuinStreet Stock Up 2.9%

Shares of QuinStreet stock traded up $0.46 during trading hours on Thursday, reaching $16.28. 417,698 shares of the stock traded hands, compared to its average volume of 548,452. QuinStreet, Inc. has a one year low of $14.27 and a one year high of $26.27. The firm has a market capitalization of $939.03 million, a price-to-earnings ratio of 180.89 and a beta of 0.68. The company has a 50 day moving average price of $15.75 and a 200 day moving average price of $16.34.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued 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). The business had revenue of $262.05 million during the quarter, compared to the consensus estimate of $255.84 million. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.QuinStreet's revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter last year, the company earned $0.11 EPS. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts anticipate that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. B. Riley dropped their target price on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Barrington Research reaffirmed an "outperform" rating and issued a $29.00 price objective on shares of QuinStreet in a research report on Friday, August 8th. Lake Street Capital cut their target price on QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research note on Friday, August 8th. Finally, Wall Street Zen cut QuinStreet from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. Four 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 currently has an average rating of "Moderate Buy" and an average price target 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.