American Century Companies Inc. Has $40.12 Million Stake in QuinStreet, Inc. $QNST

Key Points

• American Century Companies Inc. increased its stake in QuinStreet, Inc. by 0.9%, owning approximately 3.98% of the company worth around $40.1 million after acquiring additional shares.
• QuinStreet's quarterly revenue was up 32.1% year-over-year, reporting $262.05 million, although it missed earnings per share estimates by $0.01.
• Wall Street analysts hold a consensus rating of "Moderate Buy" for QuinStreet, with a price target averaging $27.00, amidst a mix of ratings and target adjustments.

American Century Companies Inc. raised its stake in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 0.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,248,579 shares of the technology company's stock after acquiring an additional 20,011 shares during the quarter. American Century Companies Inc. owned approximately 3.98% of QuinStreet worth $40,115,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Illinois Municipal Retirement Fund lifted its holdings in shares of QuinStreet by 4.1% in the first quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company's stock worth $566,000 after acquiring an additional 1,247 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of QuinStreet by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,602 shares of the technology company's stock worth $706,000 after acquiring an additional 1,731 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of QuinStreet by 11.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,881 shares of the technology company's stock worth $337,000 after acquiring an additional 1,966 shares during the last quarter. Centiva Capital LP lifted its holdings in shares of QuinStreet by 18.7% in the fourth quarter. Centiva Capital LP now owns 15,131 shares of the technology company's stock worth $349,000 after acquiring an additional 2,380 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its holdings in shares of QuinStreet by 12.1% in the first quarter. Teacher Retirement System of Texas now owns 22,622 shares of the technology company's stock worth $404,000 after acquiring an additional 2,449 shares during the last quarter. Institutional investors own 97.83% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Wall Street Zen lowered shares of QuinStreet from a "buy" rating to a "hold" rating in a report on Friday. B. Riley dropped their price objective 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. Stephens reiterated an "overweight" rating and issued a $31.00 price objective on shares of QuinStreet in a report on Thursday, May 8th. Barrington Research reiterated an "outperform" rating and issued a $29.00 price objective on shares of QuinStreet in a report on Friday, August 8th. Finally, Lake Street Capital dropped their price objective 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. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, QuinStreet currently has an average rating of "Moderate Buy" and an average price target of $27.00.

QuinStreet Trading Up 0.8%

NASDAQ:QNST traded up $0.13 on Tuesday, reaching $15.69. 391,317 shares of the stock traded hands, compared to its average volume of 600,096. The firm has a market capitalization of $905.00 million, a price-to-earnings ratio of 174.33 and a beta of 0.71. The company's 50 day moving average is $15.74 and its 200-day moving average is $16.83. QuinStreet, Inc. has a 1-year low of $14.27 and a 1-year high of $26.27.

QuinStreet (NASDAQ:QNST - Get Free Report) last released its earnings results 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). The firm had revenue of $262.05 million for the quarter, compared to analyst estimates of $255.84 million. QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The business's revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.11 EPS. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities research analysts forecast that QuinStreet, Inc. will post 0.12 EPS 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.