Invesco Ltd. Decreases Stake in 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. trimmed its position in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 54.7% in the 1st quarter, according to its most recent disclosure 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 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of QNST. CWM LLC boosted 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 period. Kapitalo Investimentos Ltda bought a new position in shares of QuinStreet in the first quarter worth about $184,000. Signaturefd LLC grew its holdings in shares of QuinStreet by 81,292.9% in the first quarter. Signaturefd LLC now owns 11,395 shares of the technology company's stock worth $203,000 after purchasing an additional 11,381 shares during the last quarter. Aquatic Capital Management LLC bought a new position in shares of QuinStreet in the fourth quarter worth about $213,000. Finally, Harbor Capital Advisors Inc. bought a new position in shares of QuinStreet in the first quarter worth about $250,000. 97.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on QNST shares. Stephens restated an "overweight" rating and issued a $31.00 price target on shares of QuinStreet in a report on Thursday, May 8th. Wall Street Zen cut shares of QuinStreet from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Lake Street Capital cut their price target on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a report on Friday, August 8th. Barrington Research restated an "outperform" rating and issued a $29.00 price target on shares of QuinStreet in a report on Friday, August 8th. Finally, B. Riley cut their price target on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, QuinStreet currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

QuinStreet Stock Up 0.6%

NASDAQ:QNST traded up $0.10 during mid-day trading on Friday, reaching $15.68. The company's stock had a trading volume of 1,058,399 shares, compared to its average volume of 634,091. QuinStreet, Inc. has a 1 year low of $14.27 and a 1 year high of $26.27. The stock has a fifty day moving average of $15.76 and a 200-day moving average of $16.63. The firm has a market capitalization of $904.42 million, a PE ratio of 174.22 and a beta of 0.68.

QuinStreet (NASDAQ:QNST - Get Free Report) last released 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 return on equity of 4.56% and a net margin of 0.43%.The business had revenue of $262.05 million during the quarter, compared to analysts' expectations of $255.84 million. During the same period last year, the company earned $0.11 earnings per share. The firm's 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. On average, analysts expect that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

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.