QuinStreet Stock (NASDAQ:QNST), Trade Ideas

QuinStreet

QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools. QuintStreet aims to partner with search engine companies by helping build websites with flexible content and offerings that are customizable according to the user base. It generates revenue by delivering measurable online marketing results to the clients. Its product offerings comprise a full range of performance marketing products: Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions.

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NCMI

PUBM

QNST

As of March 21, 2024, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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Insider Trades

DXCM

The Nasdaq 100 closed lower by around 0.4% on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Xylem, DexCom And 2 Other Stocks Insiders Are Selling

Penny Stocks

MANU

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As of Feb. 9, 2024, five stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 5 Tech And Telecom Stocks That May Fall Off A Cliff This Quarter

QuinStreet Inc

Barrington Research analyst James Goss maintains QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) with a Outperform and raises the price target from $16 to $20.

Price Target

Analyst Ratings

Barrington Research Maintains Outperform on QuinStreet, Raises Price Target to $20

QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for QuinStreet, presenting an average target of $18.12, a high estimate of $21.50, and a low estimate of $16.00. This upward trend is apparent, with the current average reflecting a 13.25% increase from the previous average price target of $16.00.
<img src="https://www.benzinga.com/files/images/story/2024/1713556829_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive QuinStreet. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Day</td>
<td>B. Riley Securities</td>
<td>Announces</td>
<td>Buy</td>
<td>$21.50</td>
<td>-</td>
</tr>
<tr>
<td>John Campbell</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$18.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>James Goss</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$16.00</td>
<td>-</td>
</tr>
<tr>
<td>John Campbell</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$17.00</td>
<td>$15.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to QuinStreet. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of QuinStreet compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of QuinStreet's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into QuinStreet's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/QNST/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on QuinStreet analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into QuinStreet's Background</h2>
QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools. QuintStreet aims to partner with search engine companies by helping build websites with flexible content and offerings that are customizable according to the user base. It generates revenue by delivering measurable online marketing results to the clients. Its product offerings comprise a full range of performance marketing products: Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions.
<h3>Understanding the Numbers: QuinStreet's Finances</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Negative Revenue Trend: Examining QuinStreet's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -8.48% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: QuinStreet's net margin excels beyond industry benchmarks, reaching -9.42%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): QuinStreet's ROE stands out, surpassing industry averages. With an impressive ROE of -5.28%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): QuinStreet's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -3.6%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: QuinStreet's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.04.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 4 Analyst Ratings Have To Say About QuinStreet

B. Riley Securities analyst Daniel Day reinstates QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) with a Buy and announces $21.5 price target.

Initiation

B. Riley Securities Reinstates Buy on QuinStreet, Announces $21.5 Price Target

As of March 21, 2024, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>)</h3>
<ul>
<li>On Feb. 7, QuinStreet reported better-than-expected second-quarter financial results. The company&rsquo;s stock gained around 11% over the past month and has a <a href="https://www.benzinga.com/quote/QNST">52-week high of $17.36 </a>.</li>
<li>RSI Value: 75.36</li>
<li>QNST Price Action: Shares of QuinStreet fell 1.4% to close at $17.11 on Wednesday.</li>
</ul>
<h3>PubMatic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pubm#NASDAQ">PUBM</a>)</h3>
<ul>
<li>On Feb. 26, PubMatic reported better-than-expected fourth-quarter financial results and issued strong guidance. The company&rsquo;s stock gained around 45% over the past month and <a href="https://www.benzinga.com/quote/PUBM"> has a 52-week high </a> of $23.86.</li>
<li>RSI Value: 72.59</li>
<li>PUBM Price Action: Shares of PubMatic gained 2.2% to close at $23.39 on Wednesday.</li>
</ul>
<h3>National CineMedia, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncmi#NASDAQ">NCMI</a>)</h3>
<ul>
<li>On March 18, National CineMedia posted upbeat results for its fourth quarter and disclosed a new $100 million share repurchase program. The company&rsquo;s stock gained around 26% over the past five days and has a <a href="https://www.benzinga.com/quote/NCMI"> 52-week high </a> of $6.50.</li>
<li>RSI Value: 74.77</li>
<li>NCMI Price Action: Shares of National CineMedia gained 3% to close at $5.21 on Wednesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/03/37863674/micron-accenture-and-3-stocks-to-watch-heading-into-thursday"> Micron, Accenture And 3 Stocks To Watch Heading Into Thursday </a>

Stephens &amp; Co. analyst John Campbell maintains QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) with a Overweight and raises the price target from $17 to $18.

Stephens & Co. Maintains Overweight on QuinStreet, Raises Price Target to $18

The Nasdaq 100 closed lower by around 0.4% on Wednesday. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company&rsquo;s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>QuinStreet </h3>
The Trade: QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>) CFO Gregory Wong <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 8,407 shares </a> at an average price of $15.03. The insider received over $126,357 from selling those shares.
What&rsquo;s Happening: QuinStreet reported better-than-expected second-quarter financial results.
What QuinStreet Does: QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools.
Have a look at our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
<h3>Xylem</h3>
<ul>
<li>The Trade: Xylem Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xyl#NYSE">XYL</a>) VP, Controller &amp; CAO Geri-Michelle McShane <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 1,000 shares </a> at an average price of $122.89. The insider received around $122,890 from selling those shares.</li>
<li>What&rsquo;s Happening: Xylem reported better-than-expected fourth-quarter financial results and issued FY24 guidance.</li>
<li>What Xylem Does: Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors.</li>
</ul>
<h3>Moelis &amp; Company </h3>
<ul>
<li>The Trade: Moelis &amp; Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mc#NYSE">MC</a>) Co-President, MD Navid Mahmoodzadegan <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 65,954 shares </a> at an average price of $55.26. The insider received around $3.64 million from selling those shares.</li>
<li>What&rsquo;s Happening: Moelis posted a narrower-than-expected quarterly loss.</li>
<li>What Moelis &amp; Company Does: Moelis &amp; Co is an independent investment bank that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds.</li>
</ul>
<h3>DexCom </h3>
<ul>
<li>The Trade: DexCom, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dxcm#NASDAQ">DXCM</a>) EVP, CFO Jereme M Sylvain <a href="https://www.benzinga.com/sec/insider-trades/"> sold a total of 3,363 shares </a> at an average price of $116.73. The insider received around $392,563 from selling those shares.</li>
<li>What&rsquo;s Happening: DexCom posted upbeat quarterly earnings.</li>
<li>What DexCom Does: Dexcom designs and commercializes continuous glucose monitoring systems for diabetic patients.</li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/24/02/37210537/top-4-tech-stocks-that-may-crash-this-month"> Top 4 Tech Stocks That May Crash This Month </a>

As of Feb. 9, 2024, five stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Rumble Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rum#NASDAQ">RUM</a>)</h3>
<ul>
<li>On Jan. 22, Rumble announced a partnership with Barstool Sports. &ldquo;Rumble is quickly emerging as a leading platform for the under-30 demographic, and we&rsquo;re excited for Barstool Sports to be a significant part of our rapid growth,&rdquo; said Chris Pavlovski, chairman and CEO of Rumble. The company&rsquo;s stock gained around 93% over the past month and has a <a href="https://www.benzinga.com/quote/RUM">52-week high of $11.25 </a>.</li>
<li>RSI Value: 70.87</li>
<li>RUM Price Action: Shares of Rumble fell 1.1% to close at $7.97 on Thursday.</li>
</ul>
<h3>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>)</h3>
<ul>
<li>On Feb. 7, QuinStreet reported better-than-expected second-quarter financial results. &quot;The December quarter continued recent positive trends,&quot; commented Doug Valenti, CEO of QuinStreet. &quot;We grew non-Insurance businesses, made good progress on growth initiatives, and positioned ourselves well for the re-ramp of Auto Insurance client spending. I am particularly proud of our delivering positive adjusted EBITDA despite the Insurance market bottom and our toughest seasonal quarter. Our financial position and foundation remain strong.&quot; The company&rsquo;s stock gained around 14% over the past five days and <a href="https://www.benzinga.com/quote/QNST"> has a 52-week high </a> of $18.18.</li>
<li>RSI Value: 74.28</li>
<li>QNST Price Action: Shares of QuinStreet gained 13.8% to close at $14.69 on Thursday.</li>
</ul>
<h3>Manchester United plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/manu#NYSE">MANU</a>)</h3>
<ul>
<li>On Jan. 17, Manchester United reported its first-quarter results and reduced its fiscal 2024 guidance. For fiscal 2024, the company is forecasting revenue guidance to be within a range of &pound;635 million to &pound;665 million (prior guidance: &pound;650 million to &pound;680 million). The company&rsquo;s stock gained around 10% over the past five days and has a <a href="https://www.benzinga.com/quote/MANU"> 52-week high </a> of $27.34.</li>
<li>RSI Value: 72.87</li>
<li>MANU Price Action: Shares of Manchester United gained 1.6% to close at $21.70 on Thursday.</li>
</ul>
<h3>WiMi Hologram Cloud Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wimi#NASDAQ">WIMI</a>)</h3>
<ul>
<li>On Jan. 12, WiMi Hologram Cloud said it is working on blockchain secure storage strategy based on MCMC algorithm. The company&rsquo;s stock jumped around 71% over the past five days and has a 52-week high is $1.40.</li>
<li>RSI Value: 71.59</li>
<li>WIMI Price Action: Shares of WiMi Hologram Cloud gained 34.8% to close at $1.08 on Thursday.</li>
</ul>
<h3>The Walt Disney Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>)</h3>
<ul>
<li>On Feb. 7, Disney reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share. The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games. The company&rsquo;s stock jumped around 15% over the past five days and <a href="https://www.benzinga.com/quote/DIS"> has a 52-week high </a> of $112.77.</li>
<li>RSI Value: 80.75</li>
<li>DIS Price Action: Shares of Disney gained 11.5% to close at $110.54 on Thursday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/02/37026817/investor-sentiment-edges-higher-as-s-p-500-briefly-breaches-5-000-level"> Investor Sentiment Edges Higher As S&amp;P 500 Briefly Breaches 5,000 Level </a>

Barrington Research analyst James Goss reiterates QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) with a Outperform and maintains $16 price target.

Reiteration

Barrington Research Reiterates Outperform on QuinStreet, Maintains $16 Price Target

Shares of Compass Minerals International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cmp#NYSE">CMP</a>) fell sharply during Thursday&rsquo;s session following downbeat results.
Compass Minerals Intl posted quarterly adjusted earnings of 5 cents per share, missing market estimates of 26 cents per share. The company&rsquo;s quarterly sales came in at $341.70 million versus expectations of $357.90 million.
Compass Minerals International shares fell 9% to $20.52 on Thursday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Syra Health Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/syra#NASDAQ">SYRA</a>) shares jumped 310% to $4.71 after the company announced a partnership for a federal contract valued at $75 billion.</li>
<li>Hitek Global Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hkit#NASDAQ">HKIT</a>) surged 305% to $4.6220 after jumping more than 60% on Wednesday.</li>
<li>MicroAlgo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlgo#NASDAQ">MLGO</a>) shares climbed 160% to $1.48.</li>
<li>CCSC Technology International Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cctg#NASDAQ">CCTG</a>) shares gained 90.3% to $4.9299 after falling 20% on Wednesday.</li>
<li>U Power Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ucar#NASDAQ">UCAR</a>) climbed 75% to $0.1153. The company appointed Jean Christophe von Pfetten as an independent director and a member of the Board&rsquo;s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, effective February 1, 2024.</li>
<li>WiMi Hologram Cloud Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wimi#NASDAQ">WIMI</a>) shares rose 53.3% to $1.2290 after gaining over 26% on Wednesday.</li>
<li>Bit Brother Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bets#NASDAQ">BETS</a>) shares climbed 51.2% to $2.69 amid strength in Bitcoin.</li>
<li>Arm Holdings plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arm#NASDAQ">ARM</a>) shares climbed 47.3% to $113.41 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.</li>
<li>Zhongchao Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zcmd#NASDAQ">ZCMD</a>) rose 41.5% to $0.4250.</li>
<li>WeTrade Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wetg#NASDAQ">WETG</a>) gained 38.6% to $3.05.</li>
<li>Meiwu Technology Company Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wnw#NASDAQ">WNW</a>) jumped 37% to $1.6205.</li>
<li>Healthcare Triangle, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hcti#NASDAQ">HCTI</a>) surged 36% to $3.8250.</li>
<li>Oscar Health, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oscr#NYSE">OSCR</a>) shares rose 21.2% to $16.27 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Roma Green Finance Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/roma#NASDAQ">ROMA</a>) shares gained 20.4% to $0.94 after declining over 5% on Wednesday.</li>
<li>Mineralys Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlys#NASDAQ">MLYS</a>) surged 18.5% to $14.77. Mineralys Therapeutics announced a $120 million private placement financing.</li>
<li>Viking Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vktx#NASDAQ">VKTX</a>) rose 17.6% to $28.78 following quarterly results.</li>
<li>Bitdeer Technologies Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btdr#NASDAQ">BTDR</a>) climbed 17.6% to $8.34.</li>
<li>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>) climbed 15.4% to $14.90 following upbeat results.</li>
<li>AST SpaceMobile, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asts#NASDAQ">ASTS</a>) gained 15% to $2.9950. AST SpaceMobile announced a new contract award with United States Government through prime contractor.</li>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) gained 15% to $20.70 after surging 1,100% on Wednesday. The company announced it planned to join the Communications Industry Association.</li>
<li>Monolithic Power Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mpwr#NASDAQ">MPWR</a>) rose 14.3% to $737.95 after the company reported better-than-expected quarterly financial results and increased its quarterly cash dividend from $1 to $1.25 per share.</li>
<li>Ralph Lauren Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rl#NYSE">RL</a>) rose 12.4% to $165.41 following strong earnings.</li>
<li>Advanced Drainage Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wms#NYSE">WMS</a>) climbed 12.3% to $155.12 after the company reported better-than-expected third-quarter financial results, raised FY24 net sales guidance above estimates and increased its quarterly cash dividend.</li>
<li>Belden Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdc#NYSE">BDC</a>) gained 12% to $83.42 following upbeat results.</li>
<li>Worthington Steel, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ws#NYSE">WS</a>) gained 10% to $33.13.</li>
<li>The Walt Disney Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) rose 9.5% to $108.54 after the company reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share. The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games.</li>
<li>Spectrum Brands Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spb#NYSE">SPB</a>) gained 9% to $87.18 following better-than-expected quarterly earnings.</li>
<li>EverQuote, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ever#NASDAQ">EVER</a>) gained 8.3% to $14.57. EverQuote is expected to report fourth quarter financial results after the market close on Feb. 26, 2024.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) shares fell 64.4% to $5.08 after the company announced the pricing of its $9 million public offering.</li>
<li>Bakkt Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bkkt#NYSE">BKKT</a>) fell 34.8% to $0.9442.</li>
<li>Phoenix Biotech Acquisition Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pbax#NASDAQ">PBAX</a>) fell 32.7% to $4.7272.</li>
<li>Yield10 Bioscience, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/yten#NASDAQ">YTEN</a>) fell 29.7% to $0.26 after the company an update on its Omega-3 Camelina program.</li>
<li>Cadrenal Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cvkd#NASDAQ">CVKD</a>) declined 28% to $0.8147. Cadrenal Therapeutics named Jeff Cole as Chief Operating Officer in advance of Tecarfarin Phase 3 pivotal trial.</li>
<li>Solidion Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sti#NASDAQ">STI</a>) fell 24.6% to $1.32.</li>
<li>Dynatronics Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dynt#NASDAQ">DYNT</a>) dipped 24.4% to $0.5121.</li>
<li>MariaDB plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mrdb#NYSE">MRDB</a>) shares fell 23.4% to $0.36 after gaining around 95% on Wednesday.</li>
<li>23andMe Holding Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/me#NASDAQ">ME</a>) fell 22.7% to $0.56 after the company reported worse-than-expected third-quarter financial results and issued FY24 revenue guidance below estimates.</li>
<li>Digital Turbine, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apps#NASDAQ">APPS</a>) shares dipped 20% to $4.03 after the company reported worse-than-expected third-quarter financial results.</li>
<li>Insperity, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nsp#NYSE">NSP</a>) fell 19.4% to $91.12 following quarterly results.</li>
<li>Lightspeed Commerce Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lspd#NYSE">LSPD</a>) declined 19.4% to $15.78 after the company reported third-quarter financial results.</li>
<li>Lumentum Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lite#NASDAQ">LITE</a>) fell 16.3% to $49.21 following quarterly results.</li>
<li>GoPro, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gpro#NASDAQ">GPRO</a>) shares fell 12.9% to $2.5250 following weak sales for the fourth quarter.</li>
<li>Mangoceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgrx#NASDAQ">MGRX</a>) shares dipped 11.4% to $0.3650 after falling 8% on Wednesday.</li>
<li>Everest Group, Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eg#NYSE">EG</a>) fell 10.4% to $344.20 after the company reported mixed fourth-quarter financial results.</li>
<li>PayPal Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pypl#NASDAQ">PYPL</a>) shares declined 10.3% to $56.67. PayPal reported upbeat earnings and sales results for its fourth quarter on Wednesday. However, the company said it expects full-year 2024 adjusted earnings to be in line with full-year 2023 earnings of $5.10 per share.</li>
<li>Envista Holdings Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nvst#NYSE">NVST</a>) fell 10% to $21.81 following weak earnings.</li>
<li>Axcelis Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acls#NASDAQ">ACLS</a>) shares tumbled 9.5% to $119.06 after the company reported fourth-quarter financial results.</li>
<li>TruGolf Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trug#NASDAQ">TRUG</a>) shares fell 9.3% to $1.65 after climbing over 18% on Wednesday.</li>
<li>NETGEAR, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntgr#NASDAQ">NTGR</a>) declined 8.6% to $13.08. NETGEAR said it expects first-quarter net revenue of $155 million to $170 million.</li>
<li>BorgWarner Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bwa#NYSE">BWA</a>) fell 8.4% to $30.98 after it reported fourth-quarter results.</li>
<li>CalAmp Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/camp#NASDAQ">CAMP</a>) fell 7.8% to $2.36 after dipping 11% on Wednesday.</li>
<li>Snap-on Incorporated (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sna#NYSE">SNA</a>) fell 7.6% to $272.12 following fourth-quarter results.</li>
<li>ThermoGenesis Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thmo#NASDAQ">THMO</a>) shares declined 7% to $0.78 after jumping over 42% on Wednesday.</li>
<li>AstraZeneca PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/azn#NASDAQ">AZN</a>) fell 5.8% to $62.68 after the company reported worse-than-expected quarterly financial results.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37009155/processa-pharmaceuticals-and-2-other-penny-stocks-insiders-are-buying"> Processa Pharmaceuticals And 2 Other Penny Stocks Insiders Are Buying </a>

Intraday Update

Movers

ACLS

APPS

ASTS

BETS

Bakkt Holdings, Inc. Class A Common Stock

BKKT

BTDR

CAMP

CCTG

CVKD

DYNT

EVER

GPRO

HCTI

HKIT

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

LITE

LSPD

MGRX

MLGO

MLYS

MPWR

MRDB

NTGR

NVST

OSCR

PBAX

PYPL

ROMA

SYRA

TENX

THMO

TRUG

UCAR

VKTX

WETG

YTEN

ZCMD

Why Compass Minerals International Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$950.00</td>
<td>$47.5K</td>
<td>38.2K</td>
<td>40.7K</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/16/24</td>
<td>$110.00</td>
<td>$41.6K</td>
<td>9.5K</td>
<td>23.5K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/08/24</td>
<td>$12.00</td>
<td>$83.7K</td>
<td>974</td>
<td>5.6K</td>
</tr>
<tr>
<td>GOOGL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/09/24</td>
<td>$144.00</td>
<td>$51.2K</td>
<td>4.1K</td>
<td>5.0K</td>
</tr>
<tr>
<td>PINS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/09/24</td>
<td>$35.00</td>
<td>$68.4K</td>
<td>3.5K</td>
<td>4.7K</td>
</tr>
<tr>
<td>QNST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$15.00</td>
<td>$34.0K</td>
<td>1.0K</td>
<td>730</td>
</tr>
<tr>
<td>OMC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/15/24</td>
<td>$85.00</td>
<td>$26.8K</td>
<td>9</td>
<td>399</td>
</tr>
<tr>
<td>GOOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/01/24</td>
<td>$147.00</td>
<td>$26.9K</td>
<td>1.1K</td>
<td>272</td>
</tr>
<tr>
<td>ROKU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$100.00</td>
<td>$25.4K</td>
<td>1.7K</td>
<td>235</td>
</tr>
<tr>
<td>TTWO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/09/24</td>
<td>$170.00</td>
<td>$26.6K</td>
<td>214</td>
<td>203</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we observe a call option trade with bearish sentiment. It expires in 861 day(s) on June 18, 2026. Parties traded 25 contract(s) at a $950.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $1900.0 per contract. There were 38254 open contracts at this strike prior to today, and today 40710 contract(s) were bought and sold. 
• For DIS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on February 16, 2024. This event was a transfer of 152 contract(s) at a $110.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $41.6K, with a price of $274.0 per contract. There were 9592 open contracts at this strike prior to today, and today 23583 contract(s) were bought and sold. 
• For SNAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on March 8, 2024. This event was a transfer of 2408 contract(s) at a $12.00 strike. This particular call needed to be split into 77 different trades to become filled. The total cost received by the writing party (or parties) was $83.7K, with a price of $35.0 per contract. There were 974 open contracts at this strike prior to today, and today 5637 contract(s) were bought and sold. 
• For GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we notice a call option trade that happens to be bullish, expiring in 1 day(s) on February 9, 2024. This event was a transfer of 220 contract(s) at a $144.00 strike. The total cost received by the writing party (or parties) was $51.2K, with a price of $233.0 per contract. There were 4131 open contracts at this strike prior to today, and today 5035 contract(s) were bought and sold. 
• For PINS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), we notice a put option trade that happens to be bearish, expiring in 1 day(s) on February 9, 2024. This event was a transfer of 878 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $68.4K, with a price of $78.0 per contract. There were 3595 open contracts at this strike prior to today, and today 4703 contract(s) were bought and sold. 
• For QNST (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>), we notice a call option sweep that happens to be bearish, expiring in 134 day(s) on June 21, 2024. This event was a transfer of 227 contract(s) at a $15.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $150.0 per contract. There were 1040 open contracts at this strike prior to today, and today 730 contract(s) were bought and sold. 
• Regarding OMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>), we observe a put option sweep with bullish sentiment. It expires in 36 day(s) on March 15, 2024. Parties traded 168 contract(s) at a $85.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $160.0 per contract. There were 9 open contracts at this strike prior to today, and today 399 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a call option sweep that happens to be bearish, expiring in 22 day(s) on March 1, 2024. This event was a transfer of 78 contract(s) at a $147.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $346.0 per contract. There were 1195 open contracts at this strike prior to today, and today 272 contract(s) were bought and sold. 
• Regarding ROKU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), we observe a call option trade with bearish sentiment. It expires in 71 day(s) on April 19, 2024. Parties traded 25 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $1020.0 per contract. There were 1789 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold. 
• Regarding TTWO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on February 9, 2024. Parties traded 55 contract(s) at a $170.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $485.0 per contract. There were 214 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

GOOG

GOOGL

PINS

ROKU

SNAP

TTWO

10 Communication Services Stocks With Whale Alerts In Today's Session

WIIM

QuinStreet shares are trading higher after the company reported better-than-expected Q2 financial results.

Stephens &amp; Co. analyst John Campbell maintains QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) with a Overweight and raises the price target from $15 to $17.

Stephens & Co. Maintains Overweight on QuinStreet, Raises Price Target to $17

U.S. stocks traded mixed, with the Dow Jones gaining around 20 points on Thursday.
Shares of Arm Holdings plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arm#NASDAQ">ARM</a>) shares rose sharply during Thursday&rsquo;s session after the company reported better-than-expected third-quarter financial results and issued FY24 <a href="https://www.benzinga.com/news/earnings/24/02/36992700/british-chipmaker-arm-holdings-stock-skyrockets-after-q3-performance-heres-why">guidance above estimates</a>.
Arm Holdings reported adjusted quarterly earnings of 29 cents per share, which beat the analyst consensus estimate of 25 cents by 16%. The company reported quarterly sales of $824 million, which beat the analyst consensus estimate of $761.62 million by 8.19%.
Arm Holdings shares surged 47.3% to $113.41 on Thursday.
Here are some other big stocks recording gains in today&rsquo;s session.
<ul>
<li>Oscar Health, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oscr#NYSE">OSCR</a>) shares gained 21.2% to $16.27 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Mineralys Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlys#NASDAQ">MLYS</a>) climbed 18.5% to $14.77. Mineralys Therapeutics announced a $120 million private placement financing.</li>
<li>Viking Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vktx#NASDAQ">VKTX</a>) gained 17.6% to $28.78 following quarterly results.</li>
<li>Bitdeer Technologies Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btdr#NASDAQ">BTDR</a>) rose 17.6% to $8.34.</li>
<li>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>) gained 15.4% to $14.90 following upbeat results.</li>
<li>AST SpaceMobile, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asts#NASDAQ">ASTS</a>) rose 15% to $2.9950. AST SpaceMobile announced a new contract award with United States Government through prime contractor.</li>
<li>Monolithic Power Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mpwr#NASDAQ">MPWR</a>) climbed 14.3% to $737.95 after the company reported better-than-expected quarterly financial results and increased its quarterly cash dividend from $1 to $1.25 per share.</li>
<li>Ralph Lauren Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rl#NYSE">RL</a>) gained 12.4% to $165.41 following strong earnings.</li>
<li>Advanced Drainage Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wms#NYSE">WMS</a>) gained 12.3% to $155.12 after the company reported better-than-expected third-quarter financial results, raised FY24 net sales guidance above estimates and increased its quarterly cash dividend.</li>
<li>Belden Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdc#NYSE">BDC</a>) rose 12% to $83.42 following upbeat results.</li>
<li>Worthington Steel, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ws#NYSE">WS</a>) climbed 10% to $33.13.</li>
<li>Marathon Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>) gained 9.9% to $19.27.</li>
<li>The Walt Disney Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) gained 9.5% to $108.54 after the company reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share. The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games.</li>
<li>Tapestry, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tpr#NYSE">TPR</a>) gained 9.5% to $44.22 following upbeat results.</li>
<li>Spectrum Brands Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spb#NYSE">SPB</a>) climbed 9% to $87.18 following better-than-expected quarterly earnings.</li>
<li>EverQuote, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ever#NASDAQ">EVER</a>) rose 8.3% to $14.57. EverQuote is expected to report fourth quarter financial results after the market close on Feb. 26, 2024.</li>
<li>TAL Education Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tal#NYSE">TAL</a>) climbed 8% to $13.02.</li>
<li>News Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nws#NASDAQ">NWS</a>) gained 7.4% to $ 27.16 after the company reported better-than-expected quarterly financial results.</li>
<li>Masco Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mas#NYSE">MAS</a>) rose 7.1% to $75.43 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance above estimates.</li>
<li>CyberArk Software Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cybr#NASDAQ">CYBR</a>) gained 7.1% to $260.39 after the company reported fourth-quarter results and provided guidance.</li>
<li>Wynn Resorts, Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wynn#NASDAQ">WYNN</a>) climbed 6.8% to $106.71 after the company reported better-than-expected quarterly financial results.</li>
<li>British American Tobacco p.l.c. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bti#NYSE">BTI</a>) rose 6.7% to $31.38 after the company reported FY24 results.</li>
<li>The Hershey Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hsy#NYSE">HSY</a>) gained 6.2% to $206.24 after the company reported mixed fourth-quarter financial results and raised its quarterly dividends.</li>
<li>Kellanova (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/k#NYSE">K</a>) gained 3.5% to $55.59 following upbeat earnings.</li>
<li>Harley-Davidson, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hog#NYSE">HOG</a>) gained 3.3% to $35.68 following upbeat earnings.</li>
</ul>
&nbsp;
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Guidance

QuinStreet Sees FY24 Revenue To Grow Between 5%-15% YoY

QuinStreet Sees Q3 2023 Revenue $160M-$170M Vs $185.155M Est.

QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) reported its Q2 earnings results on Wednesday, February 7, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
QuinStreet beat estimated earnings by 20.0%, reporting an EPS of $-0.04 versus an estimate of $-0.05.
Revenue was down $11.37 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.01 which was followed by a 4.12% drop in the share price the next day.
Here's a look at QuinStreet's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.02</td>
<td>0.06</td>
<td>-0.02</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.03</td>
<td>-0.01</td>
<td>0.11</td>
<td>-0.02</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>123.39M</td>
<td>128.15M</td>
<td>165.60M</td>
<td>124.74M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>123.92M</td>
<td>130.31M</td>
<td>172.67M</td>
<td>134.05M</td>
</tr>
</tbody>
</table>

To track all earnings releases for QuinStreet <a href="https://www.benzinga.com/quote/QNST/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Recap: QuinStreet Q2 Earnings

QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.05) by 20 percent. The company reported quarterly sales of $122.68 million which beat the analyst consensus estimate of $115.93 million by 5.82 percent. This is a 8.48 percent decrease over sales of $134.05 million the same period last year.

Earnings Beats

QuinStreet Q2 2024 Adj EPS $(0.04) Beats $(0.05) Estimate, Sales $122.68M Beat $115.93M Estimate

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Earnings Scheduled For February 7, 2024

QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-07. Here's what investors need to know before the announcement.
Analysts estimate that QuinStreet will report an earnings per share (EPS) of $-0.05. 
QuinStreet bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 4.12% drop in the share price the next day.
Here's a look at QuinStreet's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.04</td>
<td>-0.02</td>
<td>0.06</td>
<td>-0.02</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.03</td>
<td>-0.01</td>
<td>0.11</td>
<td>-0.02</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-4.12%</td>
<td>17.13%</td>
<td>-11.29%</td>
<td>18.42%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1707238934_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of QuinStreet were trading at $12.41 as of February 05. Over the last 52-week period, shares are down 10.45%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/QNST/earnings">To track all earnings releases for QuinStreet visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of QuinStreet's Earnings

U.S. stocks traded higher, with the Nasdaq Composite gaining around 100 points on Wednesday.
Shares of Textron Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/txt#NYSE">TXT</a>) rose during Wednesday&rsquo;s session following <a href="https://www.benzinga.com/quote/TXT/earnings">upbeat quarterly earnings</a>.
Textron posted adjusted earnings of $1.60 per share, beating market estimates of $1.54 per share. The company&rsquo;s quarterly sales came in at $3.89 billion versus expectations of $3.95 billion, according to data from <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Textron shares gained 6% to $ 84.09 on Wednesday.
Here are some other big stocks recording gains in today&rsquo;s session.
<ul>
<li>Kura Oncology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kura#NASDAQ">KURA</a>) jumped 41.3% to $18.99. Kura Oncology announced oversubscribed $150 million private placement.</li>
<li>Jin Medical International Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zjyl#NASDAQ">ZJYL</a>) gained 21% to $202.00.</li>
<li>Heron Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hrtx#NASDAQ">HRTX</a>) shares rose 15.6% to $2.5450. Heron Therapeutics received FDA approval of ZYNRELEF&reg; indication expansion to include additional orthopedic and soft tissue procedures.</li>
<li>Netflix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) shares jumped 12.6% to $554.00 as the company reported better-than-expected sales for its fourth quarter.</li>
<li>EverQuote, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ever#NASDAQ">EVER</a>) shares gained 10% to $12.98.</li>
<li>TAL Education Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tal#NYSE">TAL</a>) shares gained 9% to $11.87.</li>
<li>QuinStreet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnst#NASDAQ">QNST</a>) gained 8% to $12.58.</li>
<li>New Oriental Education &amp; Technology Group Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/edu#NYSE">EDU</a>) jumped 8% to $77.74 after the company reported better-than-expected second-quarter sales results.</li>
<li>ASML Holding N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asml#NASDAQ">ASML</a>) gained 7.3% to $835.92 after the company reported better-than-expected quarterly financial results and issued guidance.</li>
<li>Richtech Robotics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rr#NASDAQ">RR</a>) surged 7% to $11.88.</li>
<li>SAP SE (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sap#NYSE">SAP</a>) climbed 6.8% to $174.64 after the company reported fourth-quarter financial results.</li>
<li>Domo, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/domo#NASDAQ">DOMO</a>) surged 5.5% to $10.37.</li>
<li>The Progressive Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pgr#NYSE">PGR</a>) rose 5.4% to $179.49 after the company reported fourth-quarter financial results.</li>
<li>First Horizon Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fhn#NYSE">FHN</a>) gained 3.5% to $14.73 after UBS upgraded the stock from Neutral to Buy. First Horizon plans to repurchase up to $650 million of its common stock.</li>
</ul>
&nbsp;
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ASML

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New Oriental Education & Technology Group

HRTX

KURA

NFLX

ZJYL

Textron Posts Upbeat Earnings, Joins ASML, Progressive And Other Big Stocks Moving Higher On Wednesday

These Communication Services stocks are trading higher:-Netflix Inc (NFLX) stock is trading at $549.98, a gain of $57.79, or 11.78%, on high volume.  Netflix Inc gets a Sentiment Score of Bullish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $484.18.  -LiveOne In

Communication Services Stocks Moving Wednesday: NFLX, LVO, DRCT, QNST, OB, AMCX, CDLX, IHS

NFLX, CNVS among major communication services gainers; AMCX, GMGI among losers

In a report released today, Eric Martinuzzi from Lake Street maintained a Hold rating on Quinstreet (QNST – Research Report), with a price target o...

Lake Street Reaffirms Their Hold Rating on Quinstreet (QNST)

QuinStreet Non-GAAP EPS of -$0.04 beats by $0.01, revenue of $122.68M beats by $6.86M

QuinStreet, Inc. (QNST) Q2 2024 Earnings Call Transcript

In a report released today, Jason Kreyer from Craig-Hallum reiterated a Hold rating on Quinstreet (QNST – Research Report), with a price target of ...

Craig-Hallum Keeps Their Hold Rating on Quinstreet (QNST)

In a report released today, James Goss from Barrington reiterated a Buy rating on Quinstreet (QNST – Research Report), with a price target of $16.0...

QuinStreet: Poised for Growth with Strong Insurance Sector Recovery and Diverse Revenue Streams

CPOP, DRCT among major communication services gainers; DALN, MSGM among losers

The market has been high on QuinStreet Inc (QNST)  stock recently. QNST gets a Bullish score from InvestorsObserver Stock Sentiment Indicator. QuinStreet Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on QNST!See Full QNST ReportWhat is Stock Sentiment?Sentiment is a