Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. QuinStreet Inc shares valued at $3,784,016 were purchased by Douglas Valenti on Dec 26 ’24. At $23.41 per share, Douglas Valenti acquired 161,641 shares.
Also, Douglas Valenti purchased 780,000 shares, netting a total of over 18,259,800 in proceeds.
Before that, Fieler Anna Liao had added 30,030 shares to its account. In a trade valued at $645,645, the Director bought QuinStreet Inc shares for $21.50 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 surge of approximately 5.71%. Over the course of the year, QuinStreet Inc shares have jumped approximately 8.37%. Shares of the company reached a 52-week high of $25.16 on 02/05/25 and a 52-week low of $20.63 on 01/13/25. A 50-day SMA is recorded $22.66, while a 200-day SMA reached $19.46. Nevertheless, trading volume fell to 0.54 million shares from 0.36 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 24.73, which, if violated, would cause prices to drop to 24.47. In the upper region, resistance lies at 25.21. The next price resistance is at 25.42. RSI (Relative Strength Index) is 64.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.22, which suggests the price will increase in the coming days. Percent R is at 4.34%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
