Invesco Ltd. Sells 517,257 Shares of QuinStreet, Inc. $QNST

Key Points

• Invesco Ltd. has significantly reduced its stake in QuinStreet, Inc. by 54.7%, selling 517,257 shares and now holding only 428,851 shares valued at approximately $7.65 million.
• QuinStreet's recent earnings report showed earnings per share of $0.25, missing estimates, but the company's revenue increased by 32.1% year-over-year, reaching $262.05 million.
• Analysts have varied opinions on QuinStreet, with some maintaining "buy" ratings and target prices while others downgraded their recommendations, contributing to an average consensus target price of $27.00.

Invesco Ltd. lowered its holdings in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 54.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 428,851 shares of the technology company's stock after selling 517,257 shares during the quarter. Invesco Ltd. owned 0.76% of QuinStreet worth $7,651,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in QNST. CWM LLC grew its stake in QuinStreet by 326.7% during the first quarter. CWM LLC now owns 6,144 shares of the technology company's stock worth $110,000 after buying an additional 4,704 shares during the last quarter. Kapitalo Investimentos Ltda bought a new stake in QuinStreet during the first quarter worth about $184,000. Signaturefd LLC grew its stake in 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 during the last quarter. Aquatic Capital Management LLC bought a new stake in QuinStreet during the fourth quarter worth about $213,000. Finally, Harbor Capital Advisors Inc. bought a new stake in QuinStreet during the first quarter worth about $250,000. 97.83% of the stock is owned by institutional investors.

QuinStreet Price Performance

Shares of NASDAQ QNST opened at $15.56 on Tuesday. The company's 50 day simple moving average is $15.73 and its 200 day simple moving average is $16.84. QuinStreet, Inc. has a fifty-two week low of $14.27 and a fifty-two week high of $26.27. The firm has a market capitalization of $897.50 million, a P/E ratio of 172.89 and a beta of 0.71.

QuinStreet (NASDAQ:QNST - Get Free Report) last announced 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 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 analyst estimates of $255.84 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. The company's quarterly revenue was up 32.1% on a year-over-year basis. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts expect that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on QNST shares. Stephens reaffirmed an "overweight" rating and set a $31.00 price objective on shares of QuinStreet in a research note on Thursday, May 8th. Lake Street Capital reduced their target price 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. B. Riley reduced their target price on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research 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 research report on Friday, August 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, QuinStreet currently has an average rating of "Moderate Buy" and a consensus 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.

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