1 week Ago By Defense World Staff
Corebridge Financial Inc. trimmed its holdings in shares of Yext, Inc. ( NYSE:YEXT – Free Report ) by 5.
6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,910 shares of the company’s stock after selling 3,135 shares during the quarter. Corebridge Financial Inc.
’s holdings in Yext were worth $337,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co.
increased 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 during the last quarter. Raymond James Financial Inc. purchased a new stake in Yext during the fourth quarter worth about $2,219,000.
Hussman Strategic Advisors Inc. bought a new stake in Yext in the fourth quarter worth about $1,336,000. Vanguard Group Inc.
boosted its stake in Yext by 1.3% in the fourth quarter. Vanguard Group Inc.
now owns 15,865,674 shares of the company’s stock valued at $100,906,000 after acquiring an additional 204,329 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Yext by 28.
2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 848,984 shares of the company’s stock valued at $5,400,000 after acquiring an additional 186,639 shares during the period.
Hedge funds and other institutional investors own 70.98% of the company’s stock. Analyst Ratings Changes Several research firms recently commented on YEXT.
Roth Mkm reiterated a “buy” rating and issued a $9.50 price objective (down previously from $10.50) on shares of Yext in a research note on Wednesday, February 26th.
Needham & Company LLC reiterated a “buy” rating and set a $10.00 price target on shares of Yext in a research note on Thursday, April 3rd. Yext Trading Down 0.
7 % YEXT opened at $5.93 on Friday. Yext, Inc.
has a 12 month low of $4.29 and a 12 month high of $8.75.
The company has a market cap of $750.06 million, a PE ratio of -39.53 and a beta of 1.
20. The company has a 50 day moving average of $6.35 and a 200 day moving average of $6.
80. Yext ( NYSE:YEXT – Get Free Report ) last announced its quarterly earnings results on Wednesday, March 5th. The company reported ($0.
06) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.20).
Yext had a negative net margin of 4.64% and a negative return on equity of 11.10%.
The company had revenue of $113.09 million during the quarter, compared to analysts’ expectations of $112.77 million.
Research analysts forecast that Yext, Inc. will post -0.12 earnings per share for the current fiscal year.
Yext Profile ( Free Report ) 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. Recommended Stories Five stocks we like better than Yext What is a Stock Market Index and How Do You Use Them? Joby Aviation: Operational Momentum vs.
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