Vanguard Group Inc. Has $71.85 Million Stock Holdings in QuinStreet, Inc. $QNST

Key Points

• Vanguard Group Inc. increased its ownership in QuinStreet, Inc. by 0.6% in the first quarter, now holding approximately 7.13% of the company, valued at $71.85 million.
• QuinStreet's latest earnings report missed the consensus estimate, reporting $0.25 EPS against an expectation of $0.26, with revenue growing by 32.1% year-over-year.
• Analysts have varying views on QuinStreet, with four giving it a "Buy" rating and one a "Hold," while the consensus price target is set at $27.00.

Vanguard Group Inc. increased its position in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,027,512 shares of the technology company's stock after buying an additional 25,482 shares during the quarter. Vanguard Group Inc. owned about 7.13% of QuinStreet worth $71,851,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. 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 valued at $566,000 after buying an additional 1,247 shares during the period. SG Americas Securities LLC lifted its holdings in shares of QuinStreet by 26.2% in the first quarter. SG Americas Securities LLC now owns 32,889 shares of the technology company's stock valued at $587,000 after buying an additional 6,829 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of QuinStreet by 51.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 31,872 shares of the technology company's stock valued at $574,000 after buying an additional 10,786 shares during the period. Bank of America Corp DE lifted its holdings in shares of QuinStreet by 25.3% in the fourth quarter. Bank of America Corp DE now owns 124,308 shares of the technology company's stock valued at $2,868,000 after buying an additional 25,101 shares during the period. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of QuinStreet during the first quarter valued at $250,000. Institutional investors and hedge funds own 97.83% of the company's stock.

QuinStreet Price Performance

QNST stock traded down $0.01 during midday trading on Friday, hitting $15.58. The company's stock had a trading volume of 22,826 shares, compared to its average volume of 594,845. QuinStreet, Inc. has a twelve month low of $14.27 and a twelve month high of $26.27. The company's fifty day moving average price is $15.76 and its 200 day moving average price is $16.77. The stock has a market capitalization of $898.37 million, a P/E ratio of 173.06 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 net margin of 0.43% and a return on equity of 4.56%. 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 earnings per share. 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 analysts expect that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on QNST shares. Wall Street Zen downgraded QuinStreet from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Lake Street Capital reduced their target price on QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a report on Friday, August 8th. Stephens reaffirmed an "overweight" rating and set a $31.00 target price on shares of QuinStreet in a report on Thursday, May 8th. B. Riley reduced their target price on QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a report on Friday, August 8th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $29.00 target price on shares of QuinStreet in a report on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price 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.