Barclays PLC lifted its holdings in shares of Yext, Inc. (NYSE:YEXT - Free Report) by 137.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 238,361 shares of the company's stock after acquiring an additional 137,921 shares during the period. Barclays PLC owned 0.19% of Yext worth $1,650,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the business. Canada Pension Plan Investment Board acquired a new stake in Yext during the second quarter worth approximately $62,000. Quantinno Capital Management LP acquired a new stake in Yext during the 3rd quarter worth $76,000. Balboa Wealth Partners purchased a new stake in Yext in the third quarter valued at $114,000. Dark Forest Capital Management LP acquired a new position in Yext in the second quarter valued at $125,000. Finally, Mackenzie Financial Corp grew its holdings in shares of Yext by 10.3% during the second quarter. Mackenzie Financial Corp now owns 26,732 shares of the company's stock worth $143,000 after purchasing an additional 2,493 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on YEXT. DA Davidson boosted their target price on Yext from $5.75 to $7.50 and gave the company a "neutral" rating in a report on Tuesday, December 10th. Needham & Company LLC increased their price objective on Yext from $8.00 to $10.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Finally, Roth Mkm restated a "buy" rating and set a $10.50 target price (up from $7.50) on shares of Yext in a research report on Tuesday, December 10th.
Check Out Our Latest Stock Report on Yext
Yext Stock Up 1.2 %
YEXT stock traded up $0.08 during trading on Friday, hitting $6.61. The company had a trading volume of 1,445,403 shares, compared to its average volume of 928,281. The firm has a 50-day moving average price of $7.30 and a 200-day moving average price of $6.39. The firm has a market cap of $843.57 million, a PE ratio of -44.07 and a beta of 1.26. Yext, Inc. has a 1-year low of $4.29 and a 1-year high of $8.75.
Yext Company Profile
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Free Report)
Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.
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