Haven Private LLC Invests $383,000 in Yext, Inc. (NYSE:YEXT)

Haven Private LLC purchased a new stake in Yext, Inc. (NYSE:YEXT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 60,183 shares of the company's stock, valued at approximately $383,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Potrero Capital Research LLC boosted its holdings in Yext by 36.0% in the third quarter. Potrero Capital Research LLC now owns 3,404,537 shares of the company's stock worth $23,559,000 after purchasing an additional 900,975 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Yext by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,384,867 shares of the company's stock valued at $16,507,000 after buying an additional 38,305 shares during the period. Tenzing Global Management LLC grew its position in shares of Yext by 133.3% during the 3rd quarter. Tenzing Global Management LLC now owns 2,100,000 shares of the company's stock valued at $14,532,000 after buying an additional 1,200,000 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Yext by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,192,819 shares of the company's stock valued at $8,254,000 after buying an additional 47,983 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake in Yext by 21.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,171,051 shares of the company's stock worth $8,104,000 after acquiring an additional 203,179 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

YEXT has been the subject of several recent research reports. Roth Mkm reaffirmed a "buy" rating and set a $9.50 target price (down from $10.50) on shares of Yext in a report on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and set a $10.00 price objective on shares of Yext in a research note on Thursday, March 6th. Finally, DA Davidson raised their target price on Yext from $5.75 to $7.50 and gave the company a "neutral" rating in a research note on Tuesday, December 10th.

Yext Stock Performance

Shares of YEXT traded up $0.01 during mid-day trading on Tuesday, reaching $6.17. 706,486 shares of the company's stock traded hands, compared to its average volume of 856,534. The business's 50-day moving average price is $6.52 and its 200-day moving average price is $6.76. The stock has a market capitalization of $787.93 million, a P/E ratio of -41.16 and a beta of 1.34. Yext, Inc. has a 12 month low of $4.29 and a 12 month high of $8.75.

Yext (NYSE:YEXT - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.20). The business had revenue of $113.09 million for the quarter, compared to analyst estimates of $112.77 million. Yext had a negative return on equity of 11.10% and a negative net margin of 4.64%. Equities research analysts anticipate that Yext, Inc. will post -0.12 EPS for the current year.

Yext Profile

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.