Charles Schwab Investment Management Inc. Purchases 62,232 Shares of QuinStreet, Inc. $QNST

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in QuinStreet, Inc. by 12.2%, now owning approximately 572,181 shares valued at $10.2 million.
• QuinStreet's latest earnings report showed a 32.1% increase in revenue year-over-year, but it missed EPS estimates by $0.01.
• The stock has an average target price of $27.00, with several analysts maintaining a "Moderate Buy" rating despite recent price adjustments.

Charles Schwab Investment Management Inc. grew its holdings in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 12.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 572,181 shares of the technology company's stock after acquiring an additional 62,232 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.01% of QuinStreet worth $10,208,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of QNST. Wells Fargo & Company MN boosted its position in shares of QuinStreet by 168.1% in the fourth quarter. Wells Fargo & Company MN now owns 48,156 shares of the technology company's stock valued at $1,111,000 after acquiring an additional 30,191 shares during the period. Renaissance Technologies LLC bought a new stake in shares of QuinStreet in the fourth quarter valued at about $1,610,000. Barclays PLC boosted its position in shares of QuinStreet by 21.0% in the fourth quarter. Barclays PLC now owns 154,189 shares of the technology company's stock valued at $3,557,000 after acquiring an additional 26,785 shares during the period. XTX Topco Ltd bought a new stake in shares of QuinStreet in the fourth quarter valued at about $237,000. Finally, Hsbc Holdings PLC bought a new stake in shares of QuinStreet in the fourth quarter valued at about $984,000. Institutional investors own 97.83% of the company's stock.

QuinStreet Stock Performance

Shares of QuinStreet stock traded up $0.08 on Friday, reaching $15.66. 127,786 shares of the company's stock were exchanged, compared to its average volume of 595,457. The company has a market capitalization of $902.98 million, a P/E ratio of 173.94 and a beta of 0.71. 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 is $15.76 and its two-hundred day moving average is $16.77.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued its earnings results on Thursday, August 7th. The technology company reported $0.25 earnings per share (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 quarter in the prior year, the business earned $0.11 earnings per share. QuinStreet'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. On average, analysts expect that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on QNST. B. Riley cut their price objective on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Lake Street Capital cut their price objective on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research 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. Stephens reaffirmed an "overweight" rating and set a $31.00 price objective on shares of QuinStreet in a research report on Thursday, May 8th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $29.00 price objective on shares of QuinStreet in a research report on Friday, August 8th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, QuinStreet presently has a consensus rating of "Moderate Buy" and a consensus target price 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.