Versor Investments LP Makes New $672,000 Investment in Yext, Inc. (NYSE:YEXT)

Versor Investments LP bought a new position in Yext, Inc. (NYSE:YEXT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 105,600 shares of the company’s stock, valued at approximately $672,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in Yext in the 3rd quarter worth about $38,000. KBC Group NV acquired a new position in Yext in the 4th quarter worth about $47,000. Quantinno Capital Management LP acquired a new position in Yext in the 3rd quarter worth about $76,000. Entropy Technologies LP acquired a new position in Yext in the 4th quarter worth about $86,000. Finally, Balboa Wealth Partners acquired a new stake in shares of Yext in the third quarter valued at about $114,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. 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. Roth Mkm reissued a “buy” rating and issued a $9.50 price target (down previously from $10.50) on shares of Yext in a research note on Wednesday. Finally, DA Davidson increased their price target on Yext from $5.75 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, December 10th.

Yext Price Performance

NYSE YEXT opened at $6.83 on Friday. The business has a 50 day simple moving average of $6.50 and a 200 day simple moving average of $6.67. Yext, Inc. has a one year low of $4.29 and a one year high of $8.75. The stock has a market capitalization of $871.27 million, a P/E ratio of -45.51 and a beta of 1.26.

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.