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 increased its stake in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 23.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 493,865 shares of the technology company's stock after acquiring an additional 93,865 shares during the quarter. QuinStreet makes up 5.5% of Jacobs Asset Management LLC's investment portfolio, making the stock its 6th largest position. Jacobs Asset Management LLC owned approximately 0.87% of QuinStreet worth $8,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of QNST. Vanguard Group Inc. boosted its holdings in shares of QuinStreet by 0.6% during the first 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 period. Driehaus Capital Management LLC raised its position in QuinStreet by 28.4% during the 4th quarter. Driehaus Capital Management LLC now owns 2,787,695 shares of the technology company's stock valued at $64,312,000 after purchasing an additional 617,216 shares during the last quarter. American Century Companies Inc. lifted its holdings in QuinStreet by 0.9% in the 1st quarter. American Century Companies Inc. now owns 2,248,579 shares of the technology company's stock worth $40,115,000 after buying an additional 20,011 shares during the period. Northern Trust Corp grew its position 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 worth $11,966,000 after buying an additional 18,092 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position 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 worth $10,208,000 after buying an additional 62,232 shares during the last quarter. Institutional investors own 97.83% of the company's stock.

QuinStreet Stock Performance

Shares of QuinStreet stock traded up $0.01 during trading on Thursday, hitting $15.58. The company's stock had a trading volume of 596,593 shares, compared to its average volume of 601,016. QuinStreet, Inc. has a 52 week low of $14.27 and a 52 week high of $26.27. The company has a market capitalization of $898.65 million, a PE ratio of 173.11 and a beta of 0.71. The company has a fifty day simple moving average of $15.76 and a two-hundred day simple moving average of $16.77.

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 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 quarter last year, the company posted $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. As a group, analysts predict that QuinStreet, Inc. will post 0.12 EPS for the current year.

Wall Street Analyst Weigh In

QNST has been the subject of a number of recent analyst reports. B. Riley decreased their target price on QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a report on Friday, August 8th. Lake Street Capital reduced their price objective 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. Barrington Research restated an "outperform" rating and issued a $29.00 price objective on shares of QuinStreet in a report on Friday, August 8th. Wall Street Zen cut shares of QuinStreet from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Finally, Stephens reiterated an "overweight" rating and set a $31.00 price target on shares of QuinStreet in a research report on Thursday, May 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, QuinStreet has a consensus rating of "Moderate Buy" and a consensus price target 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.