QuinStreet, Inc. (QNST) Director James R. Simons Sells 229,716 Shares
QuinStreet, Inc. (NASDAQ:QNST) Director James R. Simons sold 229,716 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $8.63, for a total transaction of $1,982,449.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
James R. Simons also recently made the following trade(s):
- On Friday, December 15th, James R. Simons sold 1,462 shares of QuinStreet stock. The shares were sold at an average price of $8.70, for a total transaction of $12,719.40.
QuinStreet, Inc. (NASDAQ:QNST) traded up $0.05 during trading hours on Tuesday, hitting $8.63. 435,100 shares of the stock were exchanged, compared to its average volume of 170,597. QuinStreet, Inc. has a twelve month low of $2.96 and a twelve month high of $10.97. The company has a market cap of $396.34, a PE ratio of 289.00, a P/E/G ratio of 2.63 and a beta of 1.11.
Separately, Barrington Research began coverage on shares of QuinStreet in a report on Tuesday, November 28th. They issued an “outperform” rating and a $12.50 price target on the stock.
Several large investors have recently added to or reduced their stakes in QNST. Vanguard Group Inc. boosted its holdings in shares of QuinStreet by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 1,623,130 shares of the technology company’s stock valued at $6,768,000 after buying an additional 296,222 shares in the last quarter. Algert Global LLC acquired a new stake in QuinStreet in the 3rd quarter worth approximately $1,429,000. OxFORD Asset Management LLP boosted its stake in QuinStreet by 659.0% in the 3rd quarter. OxFORD Asset Management LLP now owns 178,059 shares of the technology company’s stock worth $1,338,000 after purchasing an additional 154,599 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in QuinStreet by 9.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 932,647 shares of the technology company’s stock worth $6,855,000 after purchasing an additional 84,301 shares in the last quarter. Finally, Macquarie Group Ltd. acquired a new stake in QuinStreet in the 3rd quarter worth approximately $490,000. Institutional investors and hedge funds own 63.70% of the company’s stock.
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QuinStreet Company Profile
QuinStreet, Inc is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions.
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