QuinStreet, Inc. $QNST Shares Bought by Graham Capital Management L.P.

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. raised its position in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 129.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,893 shares of the technology company's stock after purchasing an additional 19,679 shares during the quarter. Graham Capital Management L.P. owned 0.06% of QuinStreet worth $622,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of QNST. Price T Rowe Associates Inc. MD raised its holdings in shares of QuinStreet by 24.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 21,376 shares of the technology company's stock worth $494,000 after purchasing an additional 4,137 shares during the period. Northern Trust Corp raised its holdings in shares of 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 during the period. Schonfeld Strategic Advisors LLC raised its holdings in shares of 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 buying an additional 22,600 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of 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 buying an additional 280,554 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of 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 buying an additional 25,101 shares during the period. 97.83% of the stock is currently owned by hedge funds and other institutional investors.

QuinStreet Trading Up 1.8%

NASDAQ QNST traded up $0.28 during mid-day trading on Monday, reaching $16.23. 409,551 shares of the company's stock traded hands, compared to its average volume of 615,909. QuinStreet, Inc. has a 1-year low of $14.27 and a 1-year high of $26.27. The company has a fifty day simple moving average of $15.77 and a 200-day simple moving average of $16.36. The company has a market cap of $936.15 million, a price-to-earnings ratio of 180.33 and a beta of 0.68.

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 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 for the quarter, compared to analyst estimates of $255.84 million. During the same quarter last year, the business earned $0.11 EPS. QuinStreet's revenue for the quarter 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. Equities research analysts forecast that QuinStreet, Inc. will post 0.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

QNST has been the topic of several analyst reports. B. Riley dropped their target price on QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Wall Street Zen downgraded QuinStreet from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Lake Street Capital dropped their target price on QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a report on Friday, August 8th. Finally, Barrington Research reiterated an "outperform" rating and set a $29.00 target price 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 given a Hold rating to the company's stock. According to data from MarketBeat.com, QuinStreet has a consensus 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.