Trexquant Investment LP Raises Stake in QuinStreet, Inc. $QNST

Key Points

• Trexquant Investment LP increased its stake in QuinStreet, Inc. by 490.4%, acquiring an additional 178,862 shares during the first quarter, bringing its total ownership to approximately 0.38% of the company.
• QuinStreet reported a net margin of 0.43% for the last quarter, with revenue increasing by 32.1% year-over-year, despite an earnings per share (EPS) miss of $0.01 against analyst estimates.
• The stock currently has an average rating of "Moderate Buy" from analysts, with a target price averaging around $27.00, following various mixed ratings adjustments from analysts in recent reports.

Trexquant Investment LP grew its stake in shares of QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 490.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,332 shares of the technology company's stock after buying an additional 178,862 shares during the period. Trexquant Investment LP owned 0.38% of QuinStreet worth $3,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of QNST. Summit Securities Group LLC bought a new stake in shares of QuinStreet during the first quarter valued at approximately $25,000. CWM LLC boosted its position in shares of QuinStreet by 326.7% during the 1st quarter. CWM LLC now owns 6,144 shares of the technology company's stock valued at $110,000 after acquiring an additional 4,704 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in shares of QuinStreet during the 1st quarter valued at approximately $184,000. Signaturefd LLC boosted its position in shares of QuinStreet by 81,292.9% during the 1st quarter. Signaturefd LLC now owns 11,395 shares of the technology company's stock valued at $203,000 after acquiring an additional 11,381 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of QuinStreet during the 1st quarter valued at approximately $250,000. Institutional investors own 97.83% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Stephens reiterated an "overweight" rating and set a $31.00 target price on shares of QuinStreet in a research report on Thursday, May 8th. Wall Street Zen downgraded QuinStreet from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. B. Riley lowered their target price on 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 lowered their target price on QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research report on Friday, August 8th. Finally, Barrington Research reiterated an "outperform" rating and set a $29.00 target price 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $27.00.

QuinStreet Stock Performance

QNST stock traded up $0.16 during mid-day trading on Friday, reaching $15.94. 244,658 shares of the stock traded hands, compared to its average volume of 602,893. QuinStreet, Inc. has a one year low of $14.27 and a one year high of $26.27. The stock has a market capitalization of $919.30 million, a PE ratio of 177.61 and a beta of 0.68. The business has a 50-day moving average price of $15.76 and a two-hundred day moving average price of $16.51.

QuinStreet (NASDAQ:QNST - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $255.84 million. QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The company's revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 EPS. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts expect that QuinStreet, Inc. will post 0.12 earnings per share for the current fiscal year.

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.