Horizon Investments LLC bought a new position in shares of QuinStreet, Inc. (NASDAQ:QNST – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 42,969 shares of the technology company’s stock, valued at approximately $617,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its holdings in shares of QuinStreet by 10.2% in the 4th quarter. Farther Finance Advisors LLC now owns 7,896 shares of the technology company’s stock valued at $113,000 after purchasing an additional 730 shares in the last quarter. FJ Capital Management LLC bought a new position in shares of QuinStreet during the third quarter valued at approximately $135,000. Amundi purchased a new position in QuinStreet during the third quarter valued at approximately $166,000. Cerity Partners LLC purchased a new position in QuinStreet during the second quarter valued at approximately $170,000. Finally, Sherbrooke Park Advisers LLC bought a new position in QuinStreet in the third quarter worth approximately $189,000. Hedge funds and other institutional investors own 97.83% of the company’s stock.
Key Headlines Impacting QuinStreet
Here are the key news stories impacting QuinStreet this week:
- Positive Sentiment: QuinStreet posted record Q3 fiscal 2026 revenue of $346.1 million, up 28% year over year, and adjusted EPS of $0.31, topping expectations in the company’s earnings release. QuinStreet Reports Record Results for Third Quarter Fiscal 2026
- Positive Sentiment: The company issued upbeat fourth-quarter guidance calling for revenue of $350 million to $370 million and adjusted EBITDA of $37 million to $43 million, suggesting continued growth momentum. QuinStreet expects Q4 revenue of $350M-$370M with adjusted EBITDA of $37M-$43M as AI initiatives expand
- Positive Sentiment: Management highlighted expanding AI initiatives, which may support operating efficiency and future marketplace growth. QuinStreet Inc (QNST) Q3 2026 Earnings Call Highlights: Record Revenue and Strategic AI …
- Neutral Sentiment: Despite the strong revenue and guidance, adjusted EPS was only slightly above or near consensus depending on the source, while some summaries noted a small earnings miss versus estimates. QuinStreet (QNST) Q3 Earnings Miss Estimates
QuinStreet Stock Down 1.1%
QuinStreet (NASDAQ:QNST – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.14. QuinStreet had a return on equity of 10.44% and a net margin of 5.53%.The business had revenue of $346.14 million for the quarter, compared to the consensus estimate of $336.22 million. During the same period in the prior year, the firm posted $0.21 earnings per share. The business’s quarterly revenue was up 28.3% on a year-over-year basis. On average, sell-side analysts expect that QuinStreet, Inc. will post 0.63 EPS for the current year.
Wall Street Analysts Forecast Growth
QNST has been the subject of a number of analyst reports. Weiss Ratings upgraded QuinStreet from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded QuinStreet from a “buy” rating to a “hold” rating in a report on Saturday. B. Riley Financial upgraded QuinStreet to a “strong-buy” rating in a research note on Thursday, April 2nd. Lake Street Capital set a $15.00 price objective on QuinStreet in a research report on Friday, February 6th. Finally, Northland Securities started coverage on QuinStreet in a research note on Tuesday, March 17th. They issued an “outperform” rating and a $17.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.50.
View Our Latest Stock Report on QuinStreet
About QuinStreet
QuinStreet, Inc operates a technology-based performance marketing platform that connects companies with prospective customers across multiple verticals. The company specializes in data-driven lead generation for financial services, education, insurance, healthcare, and home services firms. By leveraging proprietary targeting algorithms and real-time analytics, QuinStreet manages customized digital marketing campaigns to optimize customer acquisition and retention for its clients.
Through a portfolio of consumer-facing websites and comparison platforms, QuinStreet delivers targeted visitors who are actively researching products and services.
Further Reading
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