QuinStreet Inc (QNST) CFO Gregory Wong Sells 22,896 Shares

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Nov 21, 2024
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On November 19, 2024, Gregory Wong, the Chief Financial Officer of QuinStreet Inc's subsidiary, sold 22,896 shares of QuinStreet Inc (QNST, Financial). Following this transaction, the insider now owns 351,901 shares of the company. The transaction details can be found in the SEC Filing. QuinStreet Inc is a company that specializes in performance marketing products and technologies. It provides vertically oriented customer acquisition programs for its clients. The company operates through a network of websites and other online media channels to deliver targeted marketing results. Over the past year, Gregory Wong has sold a total of 106,168 shares and has not purchased any shares. The insider transaction history for QuinStreet Inc indicates that there have been no insider buys in the past year, while there have been eight insider sells.

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On the day of the recent sale, shares of QuinStreet Inc were trading at $20.91, giving the stock a market cap of $1.223 billion. The stock's GF Value is estimated at $18.24, resulting in a price-to-GF-Value ratio of 1.15, indicating that the stock is modestly overvalued based on its GF Value.

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The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.