Shares of QuinStreet Inc (NASDAQ:QNST) gapped down prior to trading on Monday . The stock had previously closed at $14.14, but opened at $14.77. QuinStreet shares last traded at $13.64, with a volume of 148684 shares traded.

A number of analysts have weighed in on QNST shares. Zacks Investment Research lowered QuinStreet from a “hold” rating to a “sell” rating in a research note on Thursday. BidaskClub upgraded QuinStreet from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, December 4th. Craig Hallum reiterated a “buy” rating on shares of QuinStreet in a research note on Wednesday, October 31st. Finally, ValuEngine lowered QuinStreet from a “buy” rating to a “hold” rating in a research note on Thursday, November 8th. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $17.79.

The company has a market cap of $728.01 million, a P/E ratio of 41.91, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings results on Thursday, February 7th. The technology company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The firm had revenue of $104.10 million for the quarter, compared to analyst estimates of $103.43 million. QuinStreet had a return on equity of 13.16% and a net margin of 15.83%. The business’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.07 earnings per share. As a group, analysts forecast that QuinStreet Inc will post 0.54 earnings per share for the current year.

In other QuinStreet news, CFO Gregory Wong sold 4,411 shares of QuinStreet stock in a transaction dated Friday, November 16th. The stock was sold at an average price of $15.22, for a total value of $67,135.42. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James R. Simons sold 13,888 shares of QuinStreet stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $15.46, for a total value of $214,708.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 112,496 shares of company stock worth $1,790,786. Insiders own 12.50% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its stake in QuinStreet by 13.6% in the fourth quarter. BlackRock Inc. now owns 6,438,631 shares of the technology company’s stock valued at $104,499,000 after purchasing an additional 770,269 shares during the last quarter. Vanguard Group Inc. grew its stake in QuinStreet by 7.5% in the third quarter. Vanguard Group Inc. now owns 2,255,880 shares of the technology company’s stock valued at $30,612,000 after purchasing an additional 158,003 shares during the last quarter. Vanguard Group Inc grew its stake in QuinStreet by 7.5% in the third quarter. Vanguard Group Inc now owns 2,255,880 shares of the technology company’s stock valued at $30,612,000 after purchasing an additional 158,003 shares during the last quarter. Acadian Asset Management LLC grew its stake in QuinStreet by 16.5% in the third quarter. Acadian Asset Management LLC now owns 1,662,070 shares of the technology company’s stock valued at $22,556,000 after purchasing an additional 235,643 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in QuinStreet by 13.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,516,440 shares of the technology company’s stock valued at $20,578,000 after purchasing an additional 183,808 shares during the last quarter. Institutional investors own 84.23% of the company’s stock.

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QuinStreet Company Profile (NASDAQ:QNST)

QuinStreet, Inc, an Internet performance marketing company, provides customer acquisition services for its clients in the United States and internationally. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers.

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