New insider activity at Quinstreet ( (QNST) ) has taken place on February 20, 2025.
CFO Gregory Wong has recently sold 8,516 shares of Quinstreet stock, amounting to a total value of $194,846. This transaction highlights a significant movement in the company’s stock by a key executive.
Recent Updates on QNST stock
QuinStreet recently held its Q2 earnings call, reporting record revenues of $282.6 million, marking a 130% increase year-over-year, largely driven by a 615% surge in auto insurance demand. The company raised its full-year 2025 revenue outlook due to strong growth prospects, despite facing challenges from TCPA regulation disruptions and flat performance in its credit cards vertical. Analysts from Lake Street, B. Riley, and Craig-Hallum adjusted their price targets upwards, citing robust spending in the auto insurance sector and promising growth in other verticals, despite some margin pressures attributed to media investments and supply constraints. These adjustments reflect confidence in QuinStreet’s ability to sustain its growth trajectory and improve its margins in the coming quarters.
More about Quinstreet
YTD Price Performance: -1.93%
Average Trading Volume: 497,278
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.29B