Versor Investments LP Takes Position in Yext, Inc. (NYSE:YEXT)

Versor Investments LP purchased a new stake in Yext, Inc. (NYSE:YEXT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 105,600 shares of the company's stock, valued at approximately $672,000. Versor Investments LP owned approximately 0.08% of Yext as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Zacks Investment Management increased its position in shares of Yext by 370.2% during the third quarter. Zacks Investment Management now owns 378,415 shares of the company's stock valued at $2,619,000 after buying an additional 297,938 shares during the period. Geode Capital Management LLC lifted its stake in Yext by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,384,867 shares of the company's stock worth $16,507,000 after purchasing an additional 38,305 shares in the last quarter. Barclays PLC lifted its stake in Yext by 137.3% in the 3rd quarter. Barclays PLC now owns 238,361 shares of the company's stock worth $1,650,000 after purchasing an additional 137,921 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new position in shares of Yext during the 4th quarter valued at $1,336,000. Finally, JPMorgan Chase & Co. grew its position in shares of Yext by 224.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 515,221 shares of the company's stock valued at $3,565,000 after purchasing an additional 356,324 shares in the last quarter. Institutional investors own 70.98% of the company's stock.

Yext Stock Performance

NYSE:YEXT traded up $0.03 during mid-day trading on Tuesday, reaching $6.63. The stock had a trading volume of 356,212 shares, compared to its average volume of 628,218. The stock has a market capitalization of $845.49 million, a P/E ratio of -44.23 and a beta of 1.34. Yext, Inc. has a one year low of $4.29 and a one year high of $8.75. The firm has a 50 day moving average price of $6.52 and a two-hundred day moving average price of $6.72.

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Analyst Ratings Changes

YEXT has been the subject of a number of research analyst reports. DA Davidson lifted their price target on Yext from $5.75 to $7.50 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. Needham & Company LLC reissued a "buy" rating and issued a $10.00 price target on shares of Yext in a research note on Wednesday, February 12th. Finally, Roth Mkm restated a "buy" rating and set a $9.50 price objective (down previously from $10.50) on shares of Yext in a research report on Wednesday, February 26th.

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.