QuinStreet Hits $1 Billion Dollars In Market Cap

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Just 10 months after starting trading at $15 a share, QuinStreet, the company that bought, Insurance.com, CarInsurance.com and Insure.com has hit an all time high of $23.40 a share today (current sitting right at $23) giving it a market cap of $1 Billion Dollars.

The stock is now up some 50% since it acquired CarInsurance.com in November for $49.5 million dollars.

We own shares in Quinstreet.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. 5D.TV says

    From every report I’ve read, this is a very well-run, forward-thinking, tight ship. Wish I had bought some a while ago 🙁

    – TBC

  2. larry says

    They know their markets and they are very successful in them. They believe heavily in insurance. I do not believe their acquisition mode is over.

  3. jeff schneider says

    Hello Mike,

    Institutional Investors off our bow approaching at warp speed ! The genie is out of the bottle.
    Want to attract them! Copy our websites model!

    Gratefully, Jeff Schneider (Contact Group)