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Craig Hallum Upgrades QuinStreet Inc (QNST) to a Buy from a Hold

QuinStreet Inc’s recent filing unveils that its Director PAULDINE DAVID J acquired Company’s shares for reported $0.32 million on Feb 21 ’25. In the deal valued at $22.64 per share,14,117 shares were bought.

Then, Wong Gregory sold 8,516 shares, generating $194,846 in total proceeds. Upon selling the shares at $22.88, the CFO now owns 337,031 shares.

Before that, Wong Gregory bought 8,516 shares. QuinStreet Inc shares valued at $194,877 were divested by the Officer at a price of $22.88 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 -3.73% to $18.85. Over the last five days, the stock has lost -5.04%. QuinStreet Inc shares have fallen nearly -18.29% since the year began. Nevertheless, the stocks have risen 29.55% over the past one year. While a 52-week high of $26.27 was reached on 02/06/25, a 52-week low of $14.14 was recorded on 03/03/25. SMA at 50 days reached $22.41, while 200 days put it at $19.77.

Levels Of Support And Resistance For QNST Stock

The 24-hour chart illustrates a support level at 18.50, which if violated will result in even more drops to 18.14. On the upside, there is a resistance level at 19.48. A further resistance level may holdings at 20.10. The Relative Strength Index (RSI) on the 14-day chart is 28.10, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.32%. Stochastics %K at 5.62% indicates the stock is a buying.

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.

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