Fox Run Management L.L.C. Has $851,000 Holdings in QuinStreet, Inc. (NASDAQ:QNST)

Fox Run Management L.L.C. lifted its position in QuinStreet, Inc. (NASDAQ:QNST - Free Report) by 122.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,875 shares of the technology company's stock after buying an additional 20,316 shares during the period. Fox Run Management L.L.C. owned approximately 0.07% of QuinStreet worth $851,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. KLP Kapitalforvaltning AS bought a new stake in QuinStreet during the fourth quarter worth approximately $240,000. Sei Investments Co. grew its position in QuinStreet by 9.2% during the 4th quarter. Sei Investments Co. now owns 101,728 shares of the technology company's stock worth $2,347,000 after purchasing an additional 8,577 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of QuinStreet by 9.9% in the fourth quarter. American Century Companies Inc. now owns 2,228,568 shares of the technology company's stock valued at $51,413,000 after purchasing an additional 201,052 shares in the last quarter. Quantbot Technologies LP boosted its position in shares of QuinStreet by 2,570.2% in the fourth quarter. Quantbot Technologies LP now owns 41,015 shares of the technology company's stock worth $946,000 after buying an additional 39,479 shares during the period. Finally, Teacher Retirement System of Texas acquired a new position in QuinStreet during the fourth quarter valued at $465,000. Institutional investors and hedge funds own 97.83% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Lake Street Capital upped their target price on QuinStreet from $25.00 to $27.00 and gave the company a "hold" rating in a report on Friday, February 7th. Barrington Research reiterated an "outperform" rating and issued a $29.00 price objective on shares of QuinStreet in a research note on Wednesday. B. Riley reissued a "buy" rating and set a $34.00 target price (up previously from $32.00) on shares of QuinStreet in a research note on Friday, February 7th. Finally, StockNews.com raised shares of QuinStreet from a "sell" rating to a "hold" rating in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, QuinStreet has an average rating of "Moderate Buy" and an average target price of $29.80.

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Insider Transactions at QuinStreet

In related news, CFO Gregory Wong sold 8,516 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $22.88, for a total transaction of $194,846.08. Following the completion of the transaction, the chief financial officer now directly owns 337,031 shares in the company, valued at $7,711,269.28. This represents a 2.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas Valenti sold 10,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $25.02, for a total transaction of $250,200.00. Following the completion of the sale, the chief executive officer now owns 1,836,754 shares in the company, valued at $45,955,585.08. This represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by corporate insiders.

QuinStreet Trading Down 4.1 %

QuinStreet stock traded down $0.76 during mid-day trading on Friday, hitting $17.92. 309,864 shares of the company's stock were exchanged, compared to its average volume of 447,688. The stock has a market cap of $1.01 billion, a P/E ratio of -81.45 and a beta of 1.13. The stock has a 50 day moving average of $20.80 and a two-hundred day moving average of $20.93. QuinStreet, Inc. has a 1-year low of $15.20 and a 1-year high of $26.27.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The technology company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.21). QuinStreet had a negative return on equity of 4.13% and a negative net margin of 1.31%. As a group, research analysts predict that QuinStreet, Inc. will post 0.12 EPS for the current fiscal year.

About QuinStreet

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.