Needham & Company LLC reaffirmed their buy rating on shares of Yext (NYSE:YEXT - Free Report) in a report published on Wednesday,Benzinga reports. The firm currently has a $10.00 price objective on the stock.
YEXT has been the topic of a number of other reports. Roth Mkm restated a "buy" rating and set a $10.50 price target (up from $7.50) on shares of Yext in a research report on Tuesday, December 10th. DA Davidson increased their price target on Yext from $5.75 to $7.50 and gave the stock a "neutral" rating in a research report on Tuesday, December 10th.
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Yext Trading Down 2.1 %
NYSE YEXT traded down $0.15 during trading hours on Wednesday, reaching $6.67. 535,929 shares of the company's stock were exchanged, compared to its average volume of 630,417. The stock has a market cap of $851.74 million, a PE ratio of -44.49 and a beta of 1.26. Yext has a one year low of $4.29 and a one year high of $8.75. The firm has a fifty day moving average of $6.56 and a 200-day moving average of $6.60.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Northern Trust Corp lifted its holdings in Yext by 13.4% during the 4th quarter. Northern Trust Corp now owns 1,053,874 shares of the company's stock worth $6,703,000 after buying an additional 124,688 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Yext by 15.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 62,770 shares of the company's stock worth $400,000 after buying an additional 8,431 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Yext by 3,761.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 60,426 shares of the company's stock worth $384,000 after buying an additional 58,861 shares in the last quarter. MetLife Investment Management LLC lifted its stake in shares of Yext by 10.7% in the 4th quarter. MetLife Investment Management LLC now owns 63,967 shares of the company's stock valued at $407,000 after purchasing an additional 6,193 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Yext by 22.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,469,605 shares of the company's stock valued at $9,346,000 after purchasing an additional 273,498 shares during the period. Institutional investors and hedge funds own 70.98% of the company's stock.
Yext Company Profile
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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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