Russell Investments Group Ltd. Raises 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. raised its position in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 12.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,178 shares of the technology company's stock after acquiring an additional 20,432 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.32% of QuinStreet worth $3,268,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Illinois Municipal Retirement Fund lifted its stake 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 buying an additional 1,247 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in QuinStreet by 6.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,602 shares of the technology company's stock valued at $706,000 after acquiring an additional 1,731 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in QuinStreet by 11.6% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,881 shares of the technology company's stock valued at $337,000 after acquiring an additional 1,966 shares during the last quarter. Centiva Capital LP raised its holdings in QuinStreet by 18.7% in the 4th quarter. Centiva Capital LP now owns 15,131 shares of the technology company's stock valued at $349,000 after acquiring an additional 2,380 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in QuinStreet by 12.1% in the 1st quarter. Teacher Retirement System of Texas now owns 22,622 shares of the technology company's stock worth $404,000 after purchasing an additional 2,449 shares in the last quarter. 97.83% of the stock is owned by institutional investors and hedge funds.

QuinStreet Trading Up 3.3%

Shares of QNST opened at $15.57 on Friday. The firm has a market cap of $879.24 million, a P/E ratio of 173.00 and a beta of 0.71. QuinStreet, Inc. has a 12-month low of $14.27 and a 12-month high of $26.27. The company's 50-day moving average price is $15.72 and its 200 day moving average price is $16.95.

QuinStreet (NASDAQ:QNST - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS 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 return on equity of 4.56% and a net margin of 0.43%.The firm's revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter last year, the company earned $0.11 earnings per share. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts forecast that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on QNST shares. Stephens reiterated an "overweight" rating and set a $31.00 price objective on shares of QuinStreet in a research report on Thursday, May 8th. Lake Street Capital cut their target price on QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research note on Friday, August 8th. Barrington Research reiterated an "outperform" rating and set a $29.00 price target on shares of QuinStreet in a 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. Finally, 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. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.

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