The stock of QuinStreet Inc (NASDAQ:QNST) is a huge mover today! About 149,338 shares traded hands or 64.40% up from the average. QuinStreet Inc (NASDAQ:QNST) has declined 23.71% since April 18, 2016 and is downtrending. It has underperformed by 28.14% the S&P500.
The move comes after 5 months positive chart setup for the $119.14M company. It was reported on Nov, 18 by Barchart.com. We have $3.80 PT which if reached, will make NASDAQ:QNST worth $45.27M more.
According to Zacks Investment Research, “QuinStreet Inc, is a provider of online direct marketing and media services. The Company offers online messaging, email broadcasting, search engine marketing, and brand management services. It caters to education, financial services, healthcare, advertising, and tourism sectors. QuinStreet, Inc. also operates web portal which offers comprehensive consumer information service and companion insurance brokerage service to self-directed insurance shoppers. The Company vigilantly manages brand and regulatory compliance using proprietary technologies and staff. It does not support or use spyware, spam, or promotions that cheat customers. QuinStreet Inc. is headquartered in Foster City, California.”
Insitutional Activity: The institutional sentiment increased to 1.96 in Q2 2016. Its up 1.09, from 0.87 in 2016Q1. The ratio is positive, as 5 funds sold all QuinStreet Inc shares owned while 33 reduced positions. 6 funds bought stakes while 27 increased positions. They now own 28.22 million shares or 2.01% less from 28.80 million shares in 2016Q1.
Tfs Cap Lc accumulated 0.15% or 222,371 shares. The Massachusetts-based State Street has invested 0% in QuinStreet Inc (NASDAQ:QNST). Blackrock Institutional Trust Communication Na accumulated 0% or 2.60 million shares. Schwab Charles has 0% invested in the company for 44,900 shares. Blackrock Fund Advsrs last reported 2.44 million shares in the company. Comerica Financial Bank last reported 0% of its portfolio in the stock. Rhumbline Advisers owns 66,403 shares or 0% of their US portfolio. The Iowa-based Principal Fincl Gru has invested 0% in QuinStreet Inc (NASDAQ:QNST). Guggenheim Capital Limited Co accumulated 19,805 shares or 0% of the stock. Texas Permanent School Fund holds 0% of its portfolio in QuinStreet Inc (NASDAQ:QNST) for 27,435 shares. Needham Limited Com reported 349,016 shares or 0.34% of all its holdings. Ny State Teachers Retirement Sys accumulated 0% or 13,650 shares. Profund Advisors Lc accumulated 0% or 13,062 shares. Summit Securities Group Inc Incorporated Limited Liability accumulated 0.04% or 23,461 shares. Ls Investment Ltd Liability holds 0% or 1,094 shares in its portfolio.
Insider Transactions: Since August 24, 2016, the stock had 0 insider purchases, and 1 sale for $56,107 net activity. Collins Martin J had sold 17,983 shares worth $56,107 on Wednesday, August 24.
More news for QuinStreet Inc (NASDAQ:QNST) were recently published by: Streetinsider.com, which released: “Quinstreet, Inc (QNST) Misses Q1 EPS by 3c; Will Implement Corp. Restructuring” on November 09, 2016. Streetinsider.com‘s article titled: “Form 4 QUINSTREET, INC For: Nov 14 Filed by: SANDS GREGORY P” and published on November 17, 2016 is yet another important article.
QNST Company Profile
QuinStreet, Inc., incorporated on October 23, 2009, is an online performance marketing company. The Firm is focused on serving clients in information-intensive industry verticals media, and offerings help visitors to make informed choices and find the products that match their needs. The Company’s divisions include Direct Marketing Services (DMS) and All Other. The Firm is also focused on developing and delivering measurable marketing results in the search engine ecosystem. It owns or partners with vertical content Websites. It also acquires targeted visitors for its Websites through the purchase of pay-per-click (PPC), advertisements on search engines. It manufactures Websites with content and offerings, and sells by matching visitors with offerings and converting them into customer prospects for its clients.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.