Quinstreet Inc (NASDAQ:QNST) Institutional Investor Positioning Change

April 18, 2018 - By Nellie Frank

QuinStreet, Inc. (NASDAQ:QNST) Logo

Sentiment for Quinstreet Inc (NASDAQ:QNST)

Quinstreet Inc (NASDAQ:QNST) institutional sentiment increased to 2.16 in 2017 Q4. Its up 0.54, from 1.62 in 2017Q3. The ratio is more positive, as 82 active investment managers opened new or increased equity positions, while 38 sold and trimmed stakes in Quinstreet Inc. The active investment managers in our partner’s database now hold: 30.74 million shares, up from 28.88 million shares in 2017Q3. Also, the number of active investment managers holding Quinstreet Inc in their top 10 equity positions decreased from 3 to 1 for a decrease of 2. Sold All: 10 Reduced: 28 Increased: 37 New Position: 45.

QuinStreet, Inc., an Internet performance marketing and media company, provides customer acquisition services for its clients in the United States and internationally. The company has market cap of $529.38 million. 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. It has a 216.04 P/E ratio. The firm provides its services in various verticals, such as financial services, education, business-to-business technology, and home services.

The stock increased 3.06% or $0.34 during the last trading session, reaching $11.45. About 716,884 shares traded. QuinStreet, Inc. (NASDAQ:QNST) has risen 267.90% since April 18, 2017 and is uptrending. It has outperformed by 256.35% the S&P500.

Analysts await QuinStreet, Inc. (NASDAQ:QNST) to report earnings on May, 1 after the close. They expect $0.05 earnings per share, up 66.67 % or $0.02 from last year’s $0.03 per share. QNST’s profit will be $2.31M for 57.25 P/E if the $0.05 EPS becomes a reality. After $0.04 actual earnings per share reported by QuinStreet, Inc. for the previous quarter, Wall Street now forecasts 25.00 % EPS growth.

Private Capital Management Llc holds 6.69% of its portfolio in QuinStreet, Inc. for 4.97 million shares. Rutabaga Capital Management Llc Ma owns 290,940 shares or 0.56% of their US portfolio. Moreover, G2 Investment Partners Management Llc has 0.52% invested in the company for 160,924 shares. The California-based Eam Investors Llc has invested 0.25% in the stock. Essex Investment Management Co Llc, a Massachusetts-based fund reported 196,984 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 7 selling transactions for $12.37 million activity.

QuinStreet, Inc. (NASDAQ:QNST) Ratings Coverage

Ratings analysis reveals 100% of QuinStreet’s analysts are positive. Out of 2 Wall Street analysts rating QuinStreet, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $11.5 while the high is $12.5. The stock’s average target of $12 is 4.80% above today’s ($11.45) share price. QNST was included in 2 notes of analysts from November 28, 2017. On Thursday, February 1 the stock rating was maintained by Stephens with “Buy”.

QuinStreet, Inc. (NASDAQ:QNST) Institutional Positions Chart

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