On September 12, 2024, Gregory Wong, Chief Financial Officer of QuinStreet Inc (QNST, Financial), executed a sale of 41,855 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 383,352 shares of QuinStreet Inc.
QuinStreet Inc is a performance marketing company that provides customer acquisition services for its clients. The company specializes in online marketing and media services, utilizing technology to help clients engage with their target audiences.
Over the past year, Gregory Wong has sold a total of 83,272 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend at QuinStreet Inc, where there have been 4 insider sells and only 1 insider buy over the past year.
On the day of the sale, shares of QuinStreet Inc were trading at $18.66. This pricing gives the company a market cap of approximately $1.085 billion. According to the GF Value, which is an intrinsic value estimate from GuruFocus, QuinStreet Inc is currently modestly overvalued with a price-to-GF-Value ratio of 1.25. The GF Value of $14.97 is derived from historical trading multiples, an adjustment factor based on the company's past performance, and future business performance estimates.
For more detailed valuation metrics, QuinStreet Inc has various ratios available such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, which are essential for analyzing the stock's historical and current financial standing.
This insider sale might be of interest to current and potential investors, as it provides insight into the actions of high-level executives within QuinStreet Inc, particularly in the context of the company's stock valuation and market performance.
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.
