6 days Ago By ABMN Staff
Sei Investments Co. cut its holdings in Yext, Inc. ( NYSE:YEXT – Free Report ) by 29.
0% during the fourth quarter, Holdings Channel.com reports. The fund owned 37,785 shares of the company’s stock after selling 15,397 shares during the period.
Sei Investments Co.’s holdings in Yext were worth $240,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of the business.
Wilmington Savings Fund Society FSB acquired a new position in shares of Yext during the 3rd quarter worth about $38,000. KBC Group NV acquired a new position in Yext during the fourth quarter valued at approximately $47,000. Virtu Financial LLC acquired a new position in Yext during the fourth quarter valued at approximately $67,000.
Quantinno Capital Management LP bought a new stake in Yext in the third quarter valued at approximately $76,000. Finally, Inceptionr LLC acquired a new stake in Yext in the fourth quarter worth $85,000. Institutional investors and hedge funds own 70.
98% of the company’s stock. Analysts Set New Price Targets YEXT has been the subject of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $10.
00 price target on shares of Yext in a report on Thursday, April 3rd. Roth Mkm reiterated a “buy” rating and set a $9.50 target price (down from $10.
50) on shares of Yext in a report on Wednesday, February 26th. Yext Stock Performance Shares of YEXT stock opened at $5.90 on Friday.
Yext, Inc. has a 52 week low of $4.29 and a 52 week high of $8.
75. The company’s 50 day moving average price is $6.33 and its two-hundred day moving average price is $6.
80. The company has a market capitalization of $745.63 million, a P/E ratio of -39.
30 and a beta of 1.20. Yext ( NYSE:YEXT – Get Free Report ) last issued its quarterly earnings data on Wednesday, March 5th.
The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.
20). The company had revenue of $113.09 million for the quarter, compared to the consensus estimate of $112.
77 million. Yext had a negative return on equity of 11.10% and a negative net margin of 4.
64%. Analysts forecast that Yext, Inc. will post -0.
12 earnings per share for the current 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.
Read More Want to see what other hedge funds are holding YEXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yext, Inc. ( NYSE:YEXT – Free Report ).
Receive News & Ratings for Yext Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext and related companies with MarketBeat.com's FREE daily email newsletter ..
