Jacobs Levy Equity Management Inc. Makes New Investment in QuinStreet, Inc. $QNST

Key Points

• Jacobs Levy Equity Management Inc. has invested approximately $1.71 million in QuinStreet, Inc., acquiring 95,593 shares during the first quarter of the year.
• QuinStreet reported a 32.1% increase in revenue year-over-year, totaling $262.05 million, despite missing earnings expectations with $0.25 EPS.
• Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $27.00 for QuinStreet's stock, despite recent reductions in price objectives by some firms.

Jacobs Levy Equity Management Inc. bought a new position in QuinStreet, Inc. (NASDAQ:QNST - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 95,593 shares of the technology company's stock, valued at approximately $1,705,000. Jacobs Levy Equity Management Inc. owned about 0.17% of QuinStreet as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of QuinStreet by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 4,027,512 shares of the technology company's stock worth $71,851,000 after purchasing an additional 25,482 shares during the last quarter. Driehaus Capital Management LLC boosted its holdings in shares of QuinStreet by 13.6% in the 1st quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company's stock valued at $56,475,000 after buying an additional 377,954 shares during the period. American Century Companies Inc. boosted its holdings in shares of QuinStreet by 0.9% in the 1st quarter. American Century Companies Inc. now owns 2,248,579 shares of the technology company's stock valued at $40,115,000 after buying an additional 20,011 shares during the period. Northern Trust Corp boosted its holdings in shares of QuinStreet by 2.8% in the 1st quarter. Northern Trust Corp now owns 670,742 shares of the technology company's stock valued at $11,966,000 after buying an additional 18,092 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of QuinStreet by 12.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 572,181 shares of the technology company's stock valued at $10,208,000 after buying an additional 62,232 shares during the period. Institutional investors own 97.83% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently 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 report on Friday, August 8th. Wall Street Zen lowered shares of QuinStreet from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. B. Riley decreased their price target on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a report on Friday, August 8th. Finally, Barrington Research reissued an "outperform" rating and set a $29.00 target price on shares of QuinStreet in a research note on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, QuinStreet presently has an average rating of "Moderate Buy" and an average price target of $27.00.

QuinStreet Trading Up 0.5%

QuinStreet stock traded up $0.08 during midday trading on Tuesday, reaching $16.26. 458,543 shares of the stock traded hands, compared to its average volume of 518,548. 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 cap of $937.88 million, a price-to-earnings ratio of 180.67 and a beta of 0.68. The firm has a fifty day moving average price of $15.75 and a two-hundred day moving average price of $16.24.

QuinStreet (NASDAQ:QNST - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS 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 company had revenue of $262.05 million for the quarter, compared to the consensus estimate of $255.84 million. During the same quarter last year, the firm posted $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. Analysts anticipate that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

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.