AQR Capital Management LLC Increases Stock Position in QuinStreet, Inc. $QNST

Key Points

• AQR Capital Management LLC increased its holdings in QuinStreet, Inc. by 123.4% in the first quarter, owning approximately 0.49% of the company after acquiring an additional 153,428 shares.
• QuinStreet reported a net margin of 0.43% and a year-over-year revenue increase of 32.1%, although it missed earnings estimates for the quarter.
• Brokerage ratings for QuinStreet show a consensus of Moderate Buy with a target price of $27.00, despite some analysts lowering their price targets recently.

AQR Capital Management LLC lifted its position in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 123.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 277,718 shares of the technology company's stock after purchasing an additional 153,428 shares during the quarter. AQR Capital Management LLC owned approximately 0.49% of QuinStreet worth $4,954,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in QNST. Summit Securities Group LLC purchased a new position in QuinStreet during the 1st quarter worth approximately $25,000. CWM LLC grew its stake in QuinStreet by 326.7% during the 1st 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 purchased a new position in QuinStreet during the 1st quarter worth approximately $184,000. Signaturefd LLC grew its stake in QuinStreet by 81,292.9% during the 1st 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. Finally, Alpine Global Management LLC purchased a new position in QuinStreet during the 1st quarter worth approximately $227,000. Hedge funds and other institutional investors own 97.83% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on QNST shares. Wall Street Zen downgraded shares of QuinStreet from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. B. Riley decreased their target price on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Barrington Research reiterated an "outperform" rating and set a $29.00 target price on shares of QuinStreet in a research note on Friday, August 8th. Finally, Lake Street Capital decreased their target price on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research note 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 MarketBeat.com, QuinStreet has a consensus rating of "Moderate Buy" and a consensus target price of $27.00.

QuinStreet Price Performance

Shares of QNST stock traded up $0.61 during midday trading on Thursday, reaching $17.03. 473,848 shares of the company traded hands, compared to its average volume of 511,321. The firm's 50 day simple moving average is $15.78 and its two-hundred day simple moving average is $16.23. QuinStreet, Inc. has a 1-year low of $14.27 and a 1-year high of $26.27. The firm has a market cap of $982.22 million, a PE ratio of 189.22 and a beta of 0.68.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued 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 for the quarter, compared to analysts' expectations of $255.84 million. During the same period last year, the business earned $0.11 earnings per share. The company's revenue for the quarter was up 32.1% on a year-over-year basis. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts anticipate that QuinStreet, Inc. will post 0.12 earnings per share for the current fiscal 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.