QuinStreet, Inc. $QNST Shares Acquired by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its holdings in QuinStreet, Inc. by 27.8%, owning a total of 179,096 shares valued at approximately $3.2 million.
• QuinStreet's stock price has fluctuated, with a 52-week range between $14.27 and $26.27, and it currently trades around $14.74.
• Analysts' consensus rating for QuinStreet is a "Moderate Buy" with an average target price of $27.00, indicating potential upside for investors.

Public Sector Pension Investment Board increased its stake in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 27.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 179,096 shares of the technology company's stock after purchasing an additional 38,921 shares during the period. Public Sector Pension Investment Board owned 0.32% of QuinStreet worth $3,195,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Illinois Municipal Retirement Fund lifted its holdings in shares of QuinStreet by 4.1% in the 1st quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company's stock worth $566,000 after purchasing an additional 1,247 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of QuinStreet by 26.2% in the 1st quarter. SG Americas Securities LLC now owns 32,889 shares of the technology company's stock worth $587,000 after purchasing an additional 6,829 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of QuinStreet by 51.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 31,872 shares of the technology company's stock worth $574,000 after purchasing an additional 10,786 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of QuinStreet by 25.3% in the 4th quarter. Bank of America Corp DE now owns 124,308 shares of the technology company's stock worth $2,868,000 after purchasing an additional 25,101 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of QuinStreet in the 1st quarter worth approximately $250,000. Institutional investors own 97.83% of the company's stock.

QuinStreet Price Performance

Shares of QNST traded up $0.50 during midday trading on Friday, reaching $15.57. The stock had a trading volume of 565,490 shares, compared to its average volume of 601,694. QuinStreet, Inc. has a 52 week low of $14.27 and a 52 week high of $26.27. The firm's 50 day moving average price is $15.71 and its 200-day moving average price is $17.07. The company has a market capitalization of $879.22 million, a P/E ratio of 173.00 and a beta of 0.71.

QuinStreet (NASDAQ:QNST - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $262.05 million during the quarter, compared to the consensus estimate of $255.84 million. During the same period in the prior year, the firm posted $0.11 EPS. The firm's quarterly revenue was up 32.1% on a year-over-year basis. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts forecast that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on QNST shares. Barrington Research reaffirmed an "outperform" rating and set a $29.00 target price on shares of QuinStreet in a research note on Friday, August 8th. Lake Street Capital cut their target price on QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research note on Friday, August 8th. B. Riley cut their target price on QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Wall Street Zen raised QuinStreet from a "hold" rating to a "buy" rating in a research note on Saturday, June 21st. Finally, Stephens reaffirmed an "overweight" rating and set a $31.00 target price on shares of QuinStreet in a research note on Thursday, May 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $27.00.

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.