4 days Ago By ABMN Staff
Russell Investments Group Ltd. increased its stake in shares of QuinStreet, Inc. ( NASDAQ:QNST – Free Report ) by 70.
5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 162,746 shares of the technology company’s stock after buying an additional 67,295 shares during the period. Russell Investments Group Ltd.
owned 0.29% of QuinStreet worth $3,755,000 as of its most recent filing with the SEC. A number of other institutional investors and hedge funds have also bought and sold shares of the stock.
Vanguard Group Inc. boosted its holdings in shares of QuinStreet by 0.7% during the fourth quarter.
Vanguard Group Inc. now owns 4,002,030 shares of the technology company’s stock worth $92,327,000 after acquiring an additional 26,169 shares during the period. American Century Companies Inc.
boosted its stake in QuinStreet by 9.9% in the 4th quarter. American Century Companies Inc.
now owns 2,228,568 shares of the technology company’s stock valued at $51,413,000 after purchasing an additional 201,052 shares during the period. State Street Corp boosted its stake in QuinStreet by 2.1% in the 3rd quarter.
State Street Corp now owns 1,989,976 shares of the technology company’s stock valued at $38,068,000 after purchasing an additional 41,538 shares during the period. Geode Capital Management LLC grew its holdings in QuinStreet by 2.1% in the 4th quarter.
Geode Capital Management LLC now owns 1,297,160 shares of the technology company’s stock valued at $29,933,000 after buying an additional 26,394 shares in the last quarter. Finally, First Eagle Investment Management LLC increased its position in QuinStreet by 6.0% during the 4th quarter.
First Eagle Investment Management LLC now owns 681,023 shares of the technology company’s stock worth $15,711,000 after buying an additional 38,500 shares during the period. Institutional investors and hedge funds own 97.83% of the company’s stock.
QuinStreet Trading Up 2.2 % NASDAQ QNST opened at $15.62 on Wednesday.
The firm’s 50 day simple moving average is $18.70 and its 200 day simple moving average is $20.60.
The firm has a market capitalization of $882.05 million, a price-to-earnings ratio of -71.00 and a beta of 0.
91. QuinStreet, Inc. has a 1 year low of $14.
39 and a 1 year high of $26.27. Insider Buying and Selling at QuinStreet In other QuinStreet news, CFO Gregory Wong sold 8,516 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th.
The shares were sold at an average price of $22.88, for a total value of $194,846.08.
Following the sale, the chief financial officer now owns 337,031 shares in the company, valued at $7,711,269.28. This trade represents a 2.
46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link . Also, CEO Douglas Valenti sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 5th.
The stock was sold at an average price of $25.02, for a total transaction of $250,200.00.
Following the sale, the chief executive officer now directly owns 1,836,754 shares in the company, valued at approximately $45,955,585.08. The trade was a 0.
54 % decrease in their position. The disclosure for this sale can be found here . Company insiders own 5.
00% of the company’s stock. Wall Street Analyst Weigh In Several research firms recently commented on QNST. B.
Riley restated a “buy” rating and issued a $34.00 price target (up from $32.00) on shares of QuinStreet in a research note on Friday, February 7th.
Lake Street Capital boosted their price objective on shares of QuinStreet from $25.00 to $27.00 and gave the company a “hold” rating in a report on Friday, February 7th.
StockNews.com raised shares of QuinStreet from a “sell” rating to a “hold” rating in a report on Monday, February 10th. Finally, Barrington Research reiterated an “outperform” rating and issued a $29.
00 price target on shares of QuinStreet in a research note on Wednesday, March 26th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.80. Read Our Latest Analysis on QNST About QuinStreet ( Free Report ) 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. See Also Want to see what other hedge funds are holding QNST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QuinStreet, Inc.
( NASDAQ:QNST – Free Report ). Receive News & Ratings for QuinStreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuinStreet and related companies with MarketBeat.com's FREE daily email newsletter .
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