QuinStreet Inc’s recently made public that its Chief Executive Officer Valenti Douglas unloaded Company’s shares for reported $0.46 million on Feb 06 ’25. In the deal valued at $25.28 per share,18,369 shares were sold. As a result of this transaction, Valenti Douglas now holds 1,818,385 shares worth roughly $41.91 million.
Then, Valenti Douglas sold 10,000 shares, generating $250,200 in total proceeds. Upon selling the shares at $25.02, the Chief Executive Officer now owns 1,836,754 shares.
Before that, Douglas Valenti bought 161,641 shares. QuinStreet Inc shares valued at $3,784,016 were divested by the Officer at a price of $23.41 per share.
Craig Hallum upgraded its QuinStreet Inc [QNST] rating to a Buy from a a Hold in a research note published recently. B. Riley Securities also remained covering QNST and has increased its forecast on November 30, 2023 with a “Buy” recommendation from previously “Neutral” rating. Barrington Research revised its rating on October 23, 2023. It rated QNST as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of QNST
On Monday, QuinStreet Inc [NASDAQ:QNST] saw its stock fall -4.36% to $23.05. Over the last five days, the stock has lost -2.78%. QuinStreet Inc shares have fallen nearly -0.09% since the year began. Nevertheless, the stocks have risen 78.54% over the past one year. While a 52-week high of $26.27 was reached on 02/06/25, a 52-week low of $13.75 was recorded on 01/13/25. SMA at 50 days reached $22.75, while 200 days put it at $19.57.
Levels Of Support And Resistance For QNST Stock
The 24-hour chart illustrates a support level at 22.07, which if violated will result in even more drops to 21.10. On the upside, there is a resistance level at 24.22. A further resistance level may holdings at 25.40. The Relative Strength Index (RSI) on the 14-day chart is 48.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.10%. Stochastics %K at 65.24% indicates the stock is a holding.
How much short interest is there in QuinStreet Inc?
A steep rise in short interest was recorded in QuinStreet Inc stocks on 2025-01-15, growing by 0.12 million shares to a total of 1.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.74 million shares. There was a rise of 6.31%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 29, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $10 price target.
