XTX Topco Ltd Acquires 9,238 Shares of QuinStreet, Inc. $QNST

XTX Topco Ltd raised its holdings in shares of QuinStreet, Inc. (NASDAQ:QNST) by 15.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,999 shares of the technology company’s stock after buying an additional 9,238 shares during the quarter. XTX Topco Ltd owned about 0.12% of QuinStreet worth $1,127,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Prudential Financial Inc. boosted its position in shares of QuinStreet by 4.9% during the 2nd quarter. Prudential Financial Inc. now owns 58,914 shares of the technology company’s stock valued at $949,000 after acquiring an additional 2,774 shares during the last quarter. Rhumbline Advisers increased its position in shares of QuinStreet by 5.1% in the second quarter. Rhumbline Advisers now owns 153,345 shares of the technology company’s stock worth $2,469,000 after purchasing an additional 7,465 shares during the last quarter. Legal & General Group Plc raised its stake in QuinStreet by 1.1% in the second quarter. Legal & General Group Plc now owns 157,011 shares of the technology company’s stock valued at $2,528,000 after purchasing an additional 1,745 shares in the last quarter. Hillsdale Investment Management Inc. lifted its position in QuinStreet by 50.4% during the second quarter. Hillsdale Investment Management Inc. now owns 271,700 shares of the technology company’s stock valued at $4,374,000 after purchasing an additional 91,030 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in QuinStreet by 33.2% during the second quarter. JPMorgan Chase & Co. now owns 409,136 shares of the technology company’s stock valued at $6,587,000 after purchasing an additional 101,868 shares during the last quarter. 97.83% of the stock is currently owned by institutional investors.

QuinStreet Stock Down 0.2%

Shares of NASDAQ:QNST opened at $13.97 on Friday. The stock has a market cap of $792.54 million, a PE ratio of 155.17 and a beta of 0.77. The company’s fifty day moving average is $14.61 and its 200 day moving average is $15.33. QuinStreet, Inc. has a 52 week low of $12.98 and a 52 week high of $25.50.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.13. The firm had revenue of $285.85 million for the quarter, compared to analysts’ expectations of $279.73 million. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $0.22 earnings per share. QuinStreet has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Sell-side analysts anticipate that QuinStreet, Inc. will post 0.12 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barrington Research set a $24.00 price target on shares of QuinStreet in a report on Wednesday, October 22nd. B. Riley cut their target price on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of QuinStreet in a research note on Monday, November 24th. Wall Street Zen raised QuinStreet from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Finally, Lake Street Capital cut their price objective on QuinStreet from $19.00 to $18.00 and set a “hold” rating for the company in a report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, QuinStreet has a consensus rating of “Moderate Buy” and an average price target of $24.50.

QuinStreet Profile

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.