Jacobs Asset Management LLC Has $8.81 Million Stock Holdings in QuinStreet, Inc. $QNST

Key Points

• Jacobs Asset Management LLC increased its stake in QuinStreet, Inc. by 23.5%, making it the 6th largest holding in their portfolio, worth approximately $8.8 million.
• QuinStreet reported $0.25 EPS for the recent quarter, missing expectations, but showed a 32.1% year-over-year revenue increase at $262.05 million.
• QuinStreet's stock currently has an average rating of "Moderate Buy" with a consensus price target of $27.00 from equities research analysts.

Jacobs Asset Management LLC boosted its position in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 23.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 493,865 shares of the technology company's stock after acquiring an additional 93,865 shares during the quarter. QuinStreet accounts for approximately 5.5% of Jacobs Asset Management LLC's portfolio, making the stock its 6th largest holding. Jacobs Asset Management LLC owned about 0.87% of QuinStreet worth $8,811,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in QNST. Driehaus Capital Management LLC increased its stake in QuinStreet by 28.4% in the fourth quarter. Driehaus Capital Management LLC now owns 2,787,695 shares of the technology company's stock valued at $64,312,000 after acquiring an additional 617,216 shares during the last quarter. Lord Abbett & CO. LLC bought a new position in shares of QuinStreet during the first quarter valued at about $9,152,000. G2 Investment Partners Management LLC bought a new position in shares of QuinStreet during the fourth quarter valued at about $7,203,000. Nuveen LLC bought a new position in shares of QuinStreet during the first quarter valued at about $5,216,000. Finally, BNP Paribas Financial Markets grew its stake in shares of QuinStreet by 537.4% during the fourth 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 last quarter. Institutional investors own 97.83% of the company's stock.

QuinStreet Stock Performance

Shares of QNST traded up $0.10 on Friday, hitting $15.68. 1,058,399 shares of the stock traded hands, compared to its average volume of 607,519. The company has a market capitalization of $904.42 million, a PE ratio of 174.22 and a beta of 0.71. The business has a 50 day simple moving average of $15.76 and a 200 day simple moving average of $16.67. QuinStreet, Inc. has a one year low of $14.27 and a one year high of $26.27.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on QNST shares. Wall Street Zen cut QuinStreet from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. Barrington Research reaffirmed an "outperform" rating and set a $29.00 price objective on shares of QuinStreet in a research note on Friday, August 8th. 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 price objective 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, B. Riley dropped their target price 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. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, QuinStreet currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

QuinStreet 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.