Yext, Inc. (NYSE:YEXT) Position Raised by Barclays PLC

Barclays PLC boosted its position in Yext, Inc. (NYSE:YEXT) by 137.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 238,361 shares of the company’s stock after purchasing an additional 137,921 shares during the period. Barclays PLC owned approximately 0.19% of Yext worth $1,650,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in YEXT. Lynrock Lake LP lifted its holdings in shares of Yext by 23.8% in the second quarter. Lynrock Lake LP now owns 8,267,487 shares of the company’s stock valued at $44,231,000 after buying an additional 1,591,791 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Yext by 12.5% during the second quarter. The Manufacturers Life Insurance Company now owns 4,734,880 shares of the company’s stock worth $25,332,000 after acquiring an additional 526,043 shares during the period. Potrero Capital Research LLC raised its position in Yext by 36.0% in the third quarter. Potrero Capital Research LLC now owns 3,404,537 shares of the company’s stock worth $23,559,000 after acquiring an additional 900,975 shares in the last quarter. Federated Hermes Inc. lifted its holdings in Yext by 86.6% in the 2nd quarter. Federated Hermes Inc. now owns 2,748,420 shares of the company’s stock valued at $14,704,000 after acquiring an additional 1,275,348 shares during the last quarter. Finally, Tenzing Global Management LLC boosted its position in shares of Yext by 133.3% during the 3rd quarter. Tenzing Global Management LLC now owns 2,100,000 shares of the company’s stock valued at $14,532,000 after purchasing an additional 1,200,000 shares in the last quarter. 70.98% of the stock is owned by institutional investors.

Yext Trading Down 1.9 %

YEXT stock opened at $6.33 on Friday. The firm has a market capitalization of $807.84 million, a PE ratio of -42.20 and a beta of 1.20. 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 of $7.45 and a two-hundred day moving average of $6.27.

Analyst Upgrades and Downgrades

A number of analysts recently commented on YEXT shares. DA Davidson boosted their target price on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Roth Mkm reaffirmed a “buy” rating and issued a $10.50 price target (up previously from $7.50) on shares of Yext in a report on Tuesday, December 10th. Finally, Needham & Company LLC increased their price objective on Yext from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th.

Yext Company 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.