Oak Associates Ltd. OH grew its position in QuinStreet Inc (NASDAQ:QNST) by 2.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 46,340 shares of the technology company’s stock after purchasing an additional 1,305 shares during the quarter. Oak Associates Ltd. OH’s holdings in QuinStreet were worth $620,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Huntington National Bank acquired a new position in shares of QuinStreet in the 4th quarter valued at approximately $34,000. Bruderman Asset Management LLC bought a new stake in shares of QuinStreet during the 4th quarter valued at approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of QuinStreet by 42.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,786 shares of the technology company’s stock valued at $37,000 after purchasing an additional 832 shares during the last quarter. Private Capital Group LLC bought a new stake in shares of QuinStreet during the 4th quarter valued at approximately $46,000. Finally, Parisi Gray Wealth Management bought a new stake in shares of QuinStreet during the 4th quarter valued at approximately $47,000. Institutional investors own 95.41% of the company’s stock.
Shares of NASDAQ:QNST traded down $0.01 during trading on Monday, reaching $16.03. The stock had a trading volume of 774,701 shares, compared to its average volume of 688,276. QuinStreet Inc has a 52 week low of $12.12 and a 52 week high of $20.02. The firm has a market cap of $803.90 million, a P/E ratio of 50.09, a P/E/G ratio of 1.59 and a beta of 0.75.
Several brokerages recently issued reports on QNST. Barrington Research reaffirmed a “buy” rating and set a $20.00 price target on shares of QuinStreet in a report on Thursday, May 16th. Zacks Investment Research raised shares of QuinStreet from a “sell” rating to a “hold” rating in a report on Thursday, May 16th. BidaskClub raised shares of QuinStreet from a “hold” rating to a “buy” rating in a report on Tuesday, May 14th. Singular Research reissued a “buy” rating on shares of QuinStreet in a report on Thursday, March 7th. Finally, ValuEngine lowered shares of QuinStreet from a “buy” rating to a “hold” rating in a report on Wednesday, February 20th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $18.63.
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.
Further Reading: CD Ladder
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