QuinStreet Inc (NASDAQ:QNST) Director Andrew T. Sheehan sold 7,500 shares of the stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $16.10, for a total transaction of $120,750.00. Following the transaction, the director now owns 15,233 shares in the company, valued at $245,251.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of QNST stock opened at $16.29 on Monday. QuinStreet Inc has a 52 week low of $12.12 and a 52 week high of $20.02. The firm has a market capitalization of $816.98 million, a P/E ratio of 50.91, a price-to-earnings-growth ratio of 1.78 and a beta of 0.66.

QuinStreet (NASDAQ:QNST) last issued its quarterly earnings results on Thursday, May 9th. The technology company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.11). QuinStreet had a net margin of 14.50% and a return on equity of 8.30%. The company had revenue of $116.23 million for the quarter, compared to the consensus estimate of $119.63 million. As a group, analysts expect that QuinStreet Inc will post 0.37 EPS for the current fiscal year.

A number of brokerages have commented on QNST. BidaskClub cut shares of QuinStreet from a “buy” rating to a “hold” rating in a research report on Tuesday, June 11th. Barrington Research reissued a “buy” rating and set a $20.00 price objective on shares of QuinStreet in a research note on Thursday, May 16th. Zacks Investment Research raised QuinStreet from a “sell” rating to a “hold” rating in a research note on Thursday, May 16th. Finally, Singular Research reissued a “buy” rating on shares of QuinStreet in a research note on Thursday, March 7th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $18.63.

Several large investors have recently modified their holdings of QNST. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in QuinStreet by 42.6% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,786 shares of the technology company’s stock worth $37,000 after buying an additional 832 shares in the last quarter. Bruderman Asset Management LLC bought a new stake in QuinStreet in the 4th quarter worth about $41,000. Parisi Gray Wealth Management bought a new stake in QuinStreet in the 4th quarter worth about $47,000. Flinton Capital Management LLC bought a new stake in QuinStreet in the 4th quarter worth about $64,000. Finally, Globeflex Capital L P bought a new stake in QuinStreet in the 4th quarter worth about $77,000. Hedge funds and other institutional investors own 95.36% of the company’s stock.

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QuinStreet Company Profile

QuinStreet, Inc, an Internet performance marketing company, provides customer acquisition services for its clients in the United States and internationally. 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.

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Insider Buying and Selling by Quarter for QuinStreet (NASDAQ:QNST)

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