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 $319,609 were purchased by PAULDINE DAVID J on Feb 21 ’25. At $22.64 per share, PAULDINE DAVID J acquired 14,117 shares.
Also, Wong Gregory sold 8,516 shares, netting a total of over 194,846 in proceeds. Following the sale of shares at $22.88 each, the insider now holds 337,031 shares.
Before that, Wong Gregory had added 8,516 shares to its account. In a trade valued at $194,877, the Officer bought QuinStreet Inc shares for $22.88 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 -3.78%. Over the course of the year, QuinStreet Inc shares have dropped approximately -19.51%. Shares of the company reached a 52-week high of $25.50 on 02/06/25 and a 52-week low of $18.12 on 03/06/25. A 50-day SMA is recorded $22.24, while a 200-day SMA reached $19.78.
Support And Resistance Levels for QuinStreet Inc (QNST)
According to the 24-hour chart, there is a support level at 18.15, which, if violated, would cause prices to drop to 17.74. In the upper region, resistance lies at 18.95. The next price resistance is at 19.34. RSI (Relative Strength Index) is 26.83 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.53, which suggests the price will decrease in the coming days. Percent R is at 91.21%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
