NewEdge Wealth LLC Sells 193,848 Shares of QuinStreet, Inc. $QNST

NewEdge Wealth LLC lowered its position in shares of QuinStreet, Inc. (NASDAQ:QNST) by 13.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,207,694 shares of the technology company’s stock after selling 193,848 shares during the period. NewEdge Wealth LLC’s holdings in QuinStreet were worth $17,355,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of QNST. Nordea Investment Management AB boosted its holdings in QuinStreet by 59.8% in the 4th quarter. Nordea Investment Management AB now owns 362,042 shares of the technology company’s stock valued at $5,174,000 after purchasing an additional 135,527 shares during the period. Y Intercept Hong Kong Ltd grew its position in shares of QuinStreet by 113.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 137,123 shares of the technology company’s stock valued at $2,121,000 after purchasing an additional 73,021 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of QuinStreet by 43.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,633,251 shares of the technology company’s stock worth $23,470,000 after purchasing an additional 496,492 shares during the period. Intrinsic Edge Capital Management LLC bought a new position in shares of QuinStreet in the third quarter worth $2,320,000. Finally, AlphaQuest LLC raised its position in shares of QuinStreet by 253.0% in the third quarter. AlphaQuest LLC now owns 103,890 shares of the technology company’s stock worth $1,607,000 after buying an additional 74,460 shares in the last quarter. Institutional investors own 97.83% of the company’s stock.

QuinStreet News Roundup

Here are the key news stories impacting QuinStreet this week:

• Positive Sentiment: QuinStreet posted record Q3 fiscal 2026 revenue of $346.1 million, up 28% year over year, and adjusted EPS of $0.31, topping expectations in the company’s earnings release. QuinStreet Reports Record Results for Third Quarter Fiscal 2026
• Positive Sentiment: The company issued upbeat fourth-quarter guidance calling for revenue of $350 million to $370 million and adjusted EBITDA of $37 million to $43 million, suggesting continued growth momentum. QuinStreet expects Q4 revenue of $350M-$370M with adjusted EBITDA of $37M-$43M as AI initiatives expand
• Positive Sentiment: Management highlighted expanding AI initiatives, which may support operating efficiency and future marketplace growth. QuinStreet Inc (QNST) Q3 2026 Earnings Call Highlights: Record Revenue and Strategic AI …
• Neutral Sentiment: Despite the strong revenue and guidance, adjusted EPS was only slightly above or near consensus depending on the source, while some summaries noted a small earnings miss versus estimates. QuinStreet (QNST) Q3 Earnings Miss Estimates

Wall Street Analyst Weigh In

QNST has been the subject of several research analyst reports. Weiss Ratings raised QuinStreet from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, April 29th. Barrington Research reaffirmed an “outperform” rating and issued a $24.00 price target on shares of QuinStreet in a report on Friday, February 6th. Northland Securities initiated coverage on QuinStreet in a research report on Tuesday, March 17th. They set an “outperform” rating and a $17.00 price target for the company. Wall Street Zen lowered QuinStreet from a “buy” rating to a “hold” rating in a report on Saturday. Finally, B. Riley Financial upgraded shares of QuinStreet to a “strong-buy” rating in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, QuinStreet has an average rating of “Moderate Buy” and a consensus target price of $20.50.

QuinStreet Stock Performance

NASDAQ QNST opened at $13.21 on Friday. QuinStreet, Inc. has a 52-week low of $10.28 and a 52-week high of $17.13. The company has a fifty day moving average of $12.29 and a 200-day moving average of $13.31. The company has a market capitalization of $752.84 million, a P/E ratio of 11.59 and a beta of 0.72.

QuinStreet (NASDAQ:QNST) last released its earnings results on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.14. QuinStreet had a return on equity of 10.44% and a net margin of 5.53%.The business had revenue of $346.14 million for the quarter, compared to analysts’ expectations of $336.22 million. During the same quarter in the prior year, the firm earned $0.21 earnings per share. The firm’s revenue was up 28.3% on a year-over-year basis. As a group, analysts forecast that QuinStreet, Inc. will post 0.63 EPS for the current fiscal year.

QuinStreet Profile

QuinStreet, Inc operates a technology-based performance marketing platform that connects companies with prospective customers across multiple verticals. The company specializes in data-driven lead generation for financial services, education, insurance, healthcare, and home services firms. By leveraging proprietary targeting algorithms and real-time analytics, QuinStreet manages customized digital marketing campaigns to optimize customer acquisition and retention for its clients.

Through a portfolio of consumer-facing websites and comparison platforms, QuinStreet delivers targeted visitors who are actively researching products and services.