Integrated Quantitative Investments LLC Buys New Shares in Yext, Inc. (NYSE:YEXT)

Integrated Quantitative Investments LLC bought a new position in Yext, Inc. (NYSE:YEXT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,645 shares of the company's stock, valued at approximately $271,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in Yext during the 3rd quarter valued at about $38,000. KBC Group NV purchased a new position in shares of Yext during the fourth quarter valued at approximately $47,000. O Shaughnessy Asset Management LLC bought a new position in Yext during the fourth quarter valued at approximately $64,000. EntryPoint Capital LLC purchased a new stake in Yext in the fourth quarter worth approximately $67,000. Finally, Virtu Financial LLC bought a new stake in Yext in the 4th quarter worth approximately $67,000. Institutional investors own 70.98% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on YEXT. Roth Mkm reissued a "buy" rating and set a $9.50 price target (down from $10.50) on shares of Yext in a report on Wednesday, February 26th. Needham & Company LLC reissued a "buy" rating and issued a $10.00 target price on shares of Yext in a report on Thursday, April 3rd.

Yext Stock Down 0.3 %

YEXT traded down $0.02 during trading on Friday, hitting $5.90. The company's stock had a trading volume of 585,852 shares, compared to its average volume of 887,224. The business's 50 day simple moving average is $6.33 and its 200-day simple moving average is $6.80. The firm has a market cap of $745.63 million, a PE ratio of -39.30 and a beta of 1.20. Yext, Inc. has a one year low of $4.29 and a one year high of $8.75.

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

Yext Company 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.