James Simons Unloaded 229,717 Shares of QuinStreet, Inc. (QNST); Oxford Lane Capital (OXLC)’s Sentiment Is 0.65

In a legally required document that’s filled with the (SEC), it was revealed that the director of Quinstreet Inc James Simons, an insider in spotlight, made a broker trade for 229,717 shares of the firm, worth approx. $3,140,773 U.S Dollars using an average price per share of $13.7 U.S Dollars. This is not his first insider trade, in the last 30 days, he unloaded another 229,717 shares worth $2,879,424 USD. This is a transaction that is not going to remain ignored as James already owns 2.51 million shares accounting for 5.43% of the Company’s market cap

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. The company has market cap of $244.83 million. It invests in fixed income securities. It has a 7.3 P/E ratio. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.

QuinStreet, Inc., an Internet performance marketing and media company, provides customer acquisition services for its clients in the United States and internationally. The company has market cap of $636.18 million. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers. It has a 259.62 P/E ratio. The firm provides its services in various verticals, such as financial services, education, business-to-business technology, and home services.

Among 2 analysts covering QuinStreet (NASDAQ:QNST), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. QuinStreet has $12.5 highest and $11.5 lowest target. $12’s average target is -12.79% below currents $13.76 stock price. QuinStreet had 2 analyst reports since November 28, 2017 according to SRatingsIntel. As per Thursday, February 1, the company rating was maintained by Stephens.

Investors sentiment increased to 2.16 in 2017 Q3. Its up 0.54, from 1.62 in 2017Q2. It increased, as 10 investors sold QuinStreet, Inc. shares while 24 reduced holdings. 20 funds opened positions while 35 raised stakes. 28.88 million shares or 1.55% more from 28.44 million shares in 2017Q2 were reported. Vanguard reported 0% of its portfolio in QuinStreet, Inc. (NASDAQ:QNST). Dimensional Fund Advisors Lp owns 932,647 shares. California Pub Employees Retirement Sys reported 240,500 shares stake. State Street Corp owns 770,835 shares. Morgan Stanley reported 435,108 shares. Arizona State Retirement Systems owns 18,390 shares for 0% of their portfolio. California State Teachers Retirement System reported 0% stake. Moreover, Stepstone Group Inc Lp has 1.31% invested in QuinStreet, Inc. (NASDAQ:QNST). 404,367 are held by Bancshares Of Mellon Corporation. Louisiana State Employees Retirement holds 14,400 shares. Macquarie Grp Incorporated Limited reported 0% in QuinStreet, Inc. (NASDAQ:QNST). D E Shaw Co accumulated 372,741 shares or 0% of the stock. Pub Sector Pension Invest Board invested in 0% or 22,789 shares. Invesco Limited owns 396,533 shares. Tower Research Cap Ltd Liability Com (Trc) owns 0.01% invested in QuinStreet, Inc. (NASDAQ:QNST) for 14,317 shares.

Since December 15, 2017, it had 0 insider buys, and 6 selling transactions for $9.22 million activity. $625,995 worth of QuinStreet, Inc. (NASDAQ:QNST) was sold by Valenti Douglas on Friday, February 16. Simons James R. sold 229,627 shares worth $2.07 million. Wong Gregory sold $313,868 worth of stock or 22,929 shares.

Analysts await QuinStreet, Inc. (NASDAQ:QNST) to report earnings on May, 8. They expect $0.05 EPS, up 66.67% or $0.02 from last year’s $0.03 per share. QNST’s profit will be $2.31M for 68.80 P/E if the $0.05 EPS becomes a reality. After $0.04 actual EPS reported by QuinStreet, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

The stock decreased 0.29% or $0.04 during the last trading session, reaching $13.76. About 511,135 shares traded. QuinStreet, Inc. (NASDAQ:QNST) has risen 18.51% since March 20, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

Selz Capital Llc holds 1% of its portfolio in Oxford Lane Capital Corp. for 490,784 shares. Nine Chapters Capital Management Llc owns 23,600 shares or 0.53% of their US portfolio. Moreover, Bard Associates Inc has 0.36% invested in the company for 76,289 shares. The California-based Clenar Muke Llc has invested 0.04% in the stock. Exane Derivatives, a France-based fund reported 9,743 shares.

The stock 0.05% or $0 during the last trading session, reaching $10.15. It is up 26.00% since March 20, 2017 and is uptrending. It has outperformed by 9.30% the S&P500.