Vanguard Group Inc. Purchases 25,482 Shares of 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 stake in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 0.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,027,512 shares of the technology company's stock after purchasing an additional 25,482 shares during the quarter. Vanguard Group Inc. owned approximately 7.13% of QuinStreet worth $71,851,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC grew its stake in 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 in the last quarter. Kapitalo Investimentos Ltda acquired a new stake in QuinStreet in the 1st quarter worth approximately $184,000. Signaturefd LLC lifted its holdings in QuinStreet by 81,292.9% in the 1st quarter. Signaturefd LLC now owns 11,395 shares of the technology company's stock worth $203,000 after purchasing an additional 11,381 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of QuinStreet during the fourth quarter worth approximately $213,000. Finally, XTX Topco Ltd acquired a new position in shares of QuinStreet during the fourth quarter worth approximately $237,000. Hedge funds and other institutional investors own 97.83% of the company's stock.

QuinStreet Trading Up 0.6%

Shares of QNST traded up $0.10 during mid-day trading on Friday, reaching $15.68. The company's stock had a trading volume of 1,058,399 shares, compared to its average volume of 607,519. QuinStreet, Inc. has a 1-year low of $14.27 and a 1-year high of $26.27. The stock has a market cap of $904.42 million, a P/E ratio of 174.22 and a beta of 0.71. The business has a 50-day simple moving average of $15.76 and a two-hundred day simple moving average of $16.72.

QuinStreet (NASDAQ:QNST - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 earnings per share for the quarter, missing the consensus estimate 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 business's revenue for the quarter was up 32.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.11 earnings per share. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts anticipate that QuinStreet, Inc. will post 0.12 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barrington Research restated an "outperform" rating and set a $29.00 price objective on shares of QuinStreet in a research report on Friday, August 8th. B. Riley lowered their price target on QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Stephens reissued an "overweight" rating and issued a $31.00 price objective on shares of QuinStreet in a research note on Thursday, May 8th. Wall Street Zen lowered QuinStreet from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. Finally, Lake Street Capital cut their price target on QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus 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.