Russell Investments Group Ltd. Increases Stock Position in QuinStreet, Inc. $QNST

Key Points

• Russell Investments Group Ltd. increased its stake in QuinStreet, Inc. by 12.6%, now owning approximately 0.32% of the company, worth about $3.27 million.
• QuinStreet's shares have seen a trading increase of 3.3%, with a current market cap of $879.24 million and a P/E ratio of 173.00.
• The company reported a revenue of $262.05 million for the last quarter, up 32.1% year-over-year, but missed EPS estimates by $0.01.

Russell Investments Group Ltd. increased its stake in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 12.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 183,178 shares of the technology company's stock after buying an additional 20,432 shares during the period. Russell Investments Group Ltd. owned about 0.32% of QuinStreet worth $3,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in QNST. Wells Fargo & Company MN lifted its holdings 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 purchasing an additional 30,191 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of QuinStreet in the fourth quarter valued at about $1,610,000. Barclays PLC lifted its holdings 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 purchasing an additional 26,785 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of QuinStreet in the fourth quarter valued at about $237,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of QuinStreet in the fourth quarter valued at about $401,000. Hedge funds and other institutional investors own 97.83% of the company's stock.

Wall Street Analyst Weigh In

QNST has been the topic of several recent research reports. Stephens reaffirmed an "overweight" rating and issued a $31.00 price target on shares of QuinStreet in a report on Thursday, May 8th. B. Riley reduced their price target on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Wall Street Zen downgraded shares of QuinStreet from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Lake Street Capital reduced their price target on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a report on Friday, August 8th. Finally, Barrington Research reissued an "outperform" rating and issued a $29.00 price objective on shares of QuinStreet in a research report on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

QuinStreet Price Performance

QNST stock traded up $0.10 on Friday, hitting $15.68. 1,058,399 shares of the company were exchanged, compared to its average volume of 607,519. QuinStreet, Inc. has a twelve month low of $14.27 and a twelve month high of $26.27. The business's fifty day moving average is $15.76 and its two-hundred day moving average is $16.72. The stock has a market capitalization of $904.42 million, a price-to-earnings ratio of 174.22 and a beta of 0.71.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01). QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The company had revenue of $262.05 million for the quarter, compared to analyst estimates of $255.84 million. During the same period last year, the company posted $0.11 EPS. The business'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. Equities research analysts expect that QuinStreet, Inc. will post 0.12 earnings per share for the current 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.