Wed Sep 25 08:42:52 UTC 2024: ## QuinStreet (QNST) Sees Increased Institutional Interest: Shares Rise on Positive Analyst Ratings
**San Francisco, CA – September 25, 2024** – QuinStreet, Inc. (NASDAQ: QNST), an online performance marketing company, has seen a surge in institutional investor interest, with several prominent funds increasing their holdings in the company’s stock during recent quarters.
Victory Capital Management Inc. purchased a new stake in QuinStreet during the second quarter, acquiring 10,549 shares valued at approximately $175,000. Other notable investors include Basswood Capital Management L.L.C., Nomura Holdings Inc., First Eagle Investment Management LLC, and Vanguard Group Inc., all of whom significantly boosted their positions in QNST.
This increased institutional interest comes amidst a period of positive analyst sentiment surrounding QuinStreet. Barrington Research, B. Riley, and Craig Hallum have all recently raised their price targets on the stock, with the latter two issuing “Buy” ratings. While StockNews.com downgraded their rating to “Sell,” the overall consensus remains positive, with a “Moderate Buy” rating and a target price of $22.25.
QuinStreet’s shares opened at $19.77 on Wednesday, reflecting the positive market sentiment. The company’s market cap stands at $1.09 billion.
QuinStreet provides customer acquisition services for clients across the US and internationally, offering online marketing services like qualified clicks, leads, calls, and applications.
Investors are encouraged to stay updated on QuinStreet’s performance and market developments by following the company’s news and analyst ratings.
First Piper 