QuinStreet Inc (NASDAQ:QNST) CFO Gregory Wong sold 22,929 shares of QuinStreet stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $13.69, for a total transaction of $313,898.01. Following the transaction, the chief financial officer now directly owns 236,446 shares in the company, valued at approximately $3,236,945.74. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of QuinStreet Inc (NASDAQ QNST) traded up $0.12 on Friday, reaching $13.80. 1,506,586 shares of the company’s stock were exchanged, compared to its average volume of 624,181. QuinStreet Inc has a 1 year low of $3.22 and a 1 year high of $14.38. The company has a market capitalization of $632.48, a price-to-earnings ratio of 276.06, a P/E/G ratio of 3.04 and a beta of 0.89.
QuinStreet (NASDAQ:QNST) last announced its quarterly earnings results on Wednesday, January 31st. The technology company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.06. QuinStreet had a net margin of 0.78% and a return on equity of 5.77%. The firm had revenue of $87.49 million for the quarter, compared to analyst estimates of $75.18 million. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. The business’s revenue was up 33.3% on a year-over-year basis. analysts forecast that QuinStreet Inc will post 0.18 earnings per share for the current fiscal year.
Several research analysts recently weighed in on QNST shares. Barrington Research started coverage on shares of QuinStreet in a research note on Tuesday, November 28th. They set an “outperform” rating and a $12.50 price objective on the stock. Stephens reissued a “buy” rating and set a $11.50 price objective on shares of QuinStreet in a research note on Thursday, February 1st. Finally, Zacks Investment Research raised shares of QuinStreet from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Friday, February 9th.
ILLEGAL ACTIVITY NOTICE: “QuinStreet Inc (QNST) CFO Gregory Wong Sells 22,929 Shares” was published by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be viewed at https://www.com-unik.info/2018/03/17/quinstreet-inc-qnst-cfo-gregory-wong-sells-22929-shares.html.
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.
Receive News & Ratings for QuinStreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuinStreet and related companies with MarketBeat.com's FREE daily email newsletter.