The stock of QuinStreet Inc (NASDAQ:QNST) is a huge mover today! The stock increased 4.36% or $0.13 on November 23, hitting $3.11. About 149,646 shares traded hands or 37.18% up from the average. QuinStreet Inc (NASDAQ:QNST) has declined 14.79% since April 22, 2016 and is downtrending. It has underperformed by 20.20% the S&P500.
The move comes after 9 months positive chart setup for the $148.27M company. It was reported on Nov, 24 by Barchart.com. We have $3.33 PT which if reached, will make NASDAQ:QNST worth $10.38 million more.
Analysts await QuinStreet Inc (NASDAQ:QNST) to report earnings on February, 14.
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 increased, 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.
Guggenheim Cap Limited Company reported 19,805 shares or 0% of all its holdings. Goldman Sachs Group Inc Inc last reported 0% of its portfolio in the stock. Tower Research Capital Ltd Company (Trc) owns 1,345 shares or 0% of their US portfolio. Teachers Retirement Sys Of The State Of Kentucky holds 13,800 shares or 0% of its portfolio. Thrivent For Lutherans last reported 0% of its portfolio in the stock. Principal Financial Gru owns 252,483 shares or 0% of their US portfolio. Citigroup accumulated 16,607 shares or 0% of the stock. Manufacturers Life Ins The, a Ontario – Canada-based fund reported 1,210 shares. Rhumbline Advisers reported 66,403 shares or 0% of all its holdings. Pinebridge Lp owns 4,179 shares or 0% of their US portfolio. Schwab Charles Mngmt owns 44,900 shares or 0% of their US portfolio. Blackrock Invest Limited Com holds 0% of its portfolio in QuinStreet Inc (NASDAQ:QNST) for 164,974 shares. California Public Employees Retirement System has invested 0% of its portfolio in QuinStreet Inc (NASDAQ:QNST). The Pennsylvania-based Tfs Capital Limited Liability has invested 0.15% in QuinStreet Inc (NASDAQ:QNST). Credit Suisse Ag owns 54,349 shares or 0% of their US portfolio.
Insider Transactions: Since August 24, 2016, the stock had 1 buy, and 1 insider sale for $29,707 net activity. On Monday, November 21 SANDS GREGORY P bought $26,400 worth of the stock or 10,000 shares. $56,107 worth of QuinStreet Inc (NASDAQ:QNST) was sold by Collins Martin J.
Another recent and important QuinStreet Inc (NASDAQ:QNST) news was published by Streetinsider.com which published an article titled: “Quinstreet, Inc (QNST) Misses Q1 EPS by 3c; Will Implement Corp. Restructuring” on November 09, 2016.
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.
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