Barclays PLC Has $1.65 Million Stock Position in Yext, Inc. (NYSE:YEXT)

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

Other large investors have also recently added to or reduced their stakes in the company. Quantinno Capital Management LP bought a new position in shares of Yext in the third quarter valued at about $76,000. Canada Pension Plan Investment Board acquired a new stake in Yext in the 2nd quarter valued at about $62,000. Balboa Wealth Partners bought a new position in shares of Yext in the third quarter worth about $114,000. Intech Investment Management LLC acquired a new position in shares of Yext during the third quarter worth approximately $145,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Yext by 18.2% during the third quarter. Harbor Capital Advisors Inc. now owns 22,002 shares of the company’s stock valued at $152,000 after purchasing an additional 3,384 shares during the last quarter. 70.98% of the stock is owned by institutional investors.

Yext Stock Performance

Shares of YEXT stock opened at $6.61 on Friday. The firm’s 50 day moving average price is $7.30 and its two-hundred day moving average price is $6.38. The stock has a market cap of $843.57 million, a PE ratio of -44.07 and a beta of 1.26. Yext, Inc. has a 52-week low of $4.29 and a 52-week high of $8.75.

Wall Street Analyst Weigh In

Several research firms recently weighed in on YEXT. Needham & Company LLC boosted their price objective on shares of Yext from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. DA Davidson boosted their target price on Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Finally, Roth Mkm reiterated 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.

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.