QuinStreet, Inc. (NASDAQ:QNST) Director James R. Simons sold 229,627 shares of QuinStreet stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $9.00, for a total transaction of $2,066,643.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

James R. Simons also recently made the following trade(s):

  • On Tuesday, January 16th, James R. Simons sold 845 shares of QuinStreet stock. The stock was sold at an average price of $9.20, for a total transaction of $7,774.00.
  • On Friday, December 15th, James R. Simons sold 1,462 shares of QuinStreet stock. The stock was sold at an average price of $8.70, for a total transaction of $12,719.40.
  • On Tuesday, December 19th, James R. Simons sold 229,716 shares of QuinStreet stock. The stock was sold at an average price of $8.63, for a total transaction of $1,982,449.08.

QuinStreet, Inc. (NASDAQ QNST) traded down $0.02 during midday trading on Thursday, reaching $9.08. 260,034 shares of the company were exchanged, compared to its average volume of 388,336. The firm has a market capitalization of $412.34, a P/E ratio of -56.75, a PEG ratio of 2.73 and a beta of 1.12. QuinStreet, Inc. has a 52 week low of $2.96 and a 52 week high of $10.97.

QuinStreet (NASDAQ:QNST) last posted its earnings results on Monday, October 30th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03. The company had revenue of $87.40 million during the quarter, compared to the consensus estimate of $79.90 million. QuinStreet had a negative net margin of 2.29% and a positive return on equity of 1.06%. The firm’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.01 earnings per share. analysts expect that QuinStreet, Inc. will post 0.11 EPS for the current year.

Separately, Barrington Research started coverage on shares of QuinStreet in a research report on Tuesday, November 28th. They set an “outperform” rating and a $12.50 target price for the company.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC lifted its position in QuinStreet by 4,050.6% during the fourth quarter. Acadian Asset Management LLC now owns 208,736 shares of the technology company’s stock valued at $1,748,000 after purchasing an additional 203,707 shares during the period. Schwab Charles Investment Management Inc. lifted its position in QuinStreet by 17.5% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 70,517 shares of the technology company’s stock valued at $591,000 after purchasing an additional 10,517 shares during the period. Algert Global LLC acquired a new position in QuinStreet during the third quarter valued at $1,429,000. Cornerstone Capital Management Holdings LLC. lifted its position in QuinStreet by 67.1% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 79,200 shares of the technology company’s stock valued at $581,000 after purchasing an additional 31,800 shares during the period. Finally, OxFORD Asset Management LLP lifted its position in QuinStreet by 659.0% during the third quarter. OxFORD Asset Management LLP now owns 178,059 shares of the technology company’s stock valued at $1,338,000 after purchasing an additional 154,599 shares during the period. Institutional investors own 63.70% of the company’s stock.

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About QuinStreet

QuinStreet, Inc is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions.

Insider Buying and Selling by Quarter for QuinStreet (NASDAQ:QNST)

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