The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. QuinStreet Inc shares valued at $780,829 were sold by Wong Gregory on Sep 12 ’24. At $18.66 per share, Wong Gregory sold 41,855 shares. The insider’s holdings dropped to 383,352 shares worth approximately $7.46 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Wong Gregory purchased 41,855 shares, netting a total of over 780,693 in proceeds.
Before that, PAULDINE DAVID J had added 11,000 shares to its account. In a trade valued at $192,500, the Director bought QuinStreet Inc shares for $17.50 each.
As published in a research note from Craig Hallum on June 18, 2024, QuinStreet Inc [QNST] has been rated up from a Hold to a Buy and the price target has been revised to $22. As of November 30, 2023, B. Riley Securities has increased its “Neutral” rating to a “Buy” for QNST. Earlier on October 23, 2023, Barrington Research upgraded its rating. Their new recommendation was “an Outperform” for QNST stock which previously was a “a Mkt perform”.
Analyzing QNST Stock Performance
During the last five days, there has been a drop of approximately -1.47%. Over the course of the year, QuinStreet Inc shares have jumped approximately 51.87%. Shares of the company reached a 52-week high of $20.91 on 09/25/24 and a 52-week low of $11.22 on 01/10/24. A 50-day SMA is recorded $18.63, while a 200-day SMA reached $16.47. Nevertheless, trading volume fell to 0.56 million shares from 0.3 million shares the previous day.
Support And Resistance Levels for QuinStreet Inc (QNST)
According to the 24-hour chart, there is a support level at 18.66, which, if violated, would cause prices to drop to 17.86. In the upper region, resistance lies at 20.04. The next price resistance is at 20.61. RSI (Relative Strength Index) is 53.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 42.84%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
